‘Enforcement 40’ for 2020
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By Securities Docket on September 16, 2023, 9:11 am
Three high-profile endorsers of the failed FTX cryptocurrency exchange – including NFL quarterback Trevor Lawrence – agreed to settle claims they helped dupe investors who lost billions in the meltdown of Sam Bankman-Fried’s digital-asset empire. The proposed agreements with Lawrence, a star for the Jacksonville Jaguars, and YouTube influencers Kevin Paffrath and Tom Nash were […]
By Securities Docket on September 16, 2023, 8:50 am
At the forefront of what comes next will be whether the SEC can establish it should have purview of the rapidly expanding cryptoverse – and whether many crypto offerings are, indeed, securities. In his recent interview with CNBC, former SEC chair Clayton said he was not so sure the SEC would prevail. “As this has […]