Crypto-friendly trading app Robinhood faces lawsuit from securities regulators

The Commonwealth of Massachusetts plans to sue Robinhood for alleged violation of state laws and regulations not related to crypto. Massachusetts securities regulators are reportedly preparing to file a complaint against a major cryptocurrency-friendly trading platform, Robinhood. According to a Dec. 16 report by the Wall Street Journal, Massachusetts regulators alleged that Robinhood’s marketing illegally […]

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WSJ: Three ICO Startups Missed

Three firms that collectively raised about $40 million through unregulated ICOs in 2017 missed the deadlines set forward in their settlements with the SEC. Several firms that collectively raised about $40 million through unregulated initial coin offerings (ICOs) in 2017 missed their deadlines to repay investors following charges by the United States Securities and Exchange […]

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‘Smart Money Came In’ After First Bitcoin ETF Rejection — Analyst

The rejection of the Winklevoss twins’ Bitcoin exchange-traded fund in 2017 ushered in both new attention from investors and new volatility, data suggests. Bitcoin (BTC) changed its volatility characteristics as Cameron and Tyler Winklevoss unveiled the first Bitcoin exchange-traded fund (ETF), new data claims. Uploaded to social media by well-known statistician Willy Woo on Nov. […]

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