“SEC and representatives of Dragonchain Founder John Joseph Rutets, as well as affiliated companies, were sent to court by a joint agreement in which they called for a termination of consideration initiated by 2022. The Block writes about it. Three years ago, the regulator accused Rutets, Dragonchain, Dragonchain Foundation and Dragon Company of an unregistered securities supply in 2017 for $ 16.5 million during ICO and subsequent tokens sales. Commission […]”, – WRITE: Businessua.com.ua
Sec And the representatives of Dragonchain Founder John Joseph Rutets, as well as affiliated companies, sent a joint agreement to the court, which called for termination of consideration, Started in 2022. The Block writes about it.
Three years ago, the regulator accused Rutets, Dragonchain, Dragonchain Foundation and Dragon Company of an unregistered securities supply in 2017 for $ 16.5 million during ICO and subsequent tokens sales.
The commission invited court prohibitions on activities, compensation for investors’ losses with interest and payment of civil fines.
The current petition is due to the launch of the target “cryptogroup” SEC, one of the priorities of which was the consideration of the former head of the Gensler Gensler of court cases against crypto companies. In April, the head of the commission officially took Paul Atkins.
In February, the head of the target “cryptogroup” Hester Pierce declared his willingness to provide “temporary perspective and retrospective release from liability” for the issue of token, provided that the issuer reveals proper up -to -date information.
The Agency’s and Dragonchain agreements have become part of a large wave of cancellation by the regulator of their executive actions against large cryptocurrency players. Among them: Coinbase, Robinhood, Ripple, Kraken, Consensys, Cumberland, Uniswap and others.
On April 25, the commission extended until June 11, the ETF -based applications based on GrayScale and Hedra from Canary. The documents were sent in February.
The agency substantiated the decision with the need for “additional study of the change of rules and raised in the proposal of issues.”
Recall CME announced on May 19 launch of futures on the token xrp from Ripple. In March, the largest world derivative exchange launched Futures based on Solana.
In February, Eric Balchunas, with a colleague James Seyfhart, was estimated at 90%of Litecoin-ETF registration and Dogecoin-based products were 75%. They find the chances of Solana (70%) and XRP (65%).
The gun
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