Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Source: The US SEC has issued subpoenas to at least three crypto venture capital companies this year

Source: The US SEC has issued subpoenas to at least three crypto venture capital companies this year

Odaily2024/08/09 19:08
By:Odaily
Odaily News Sources familiar with the SECs investigation revealed that the SEC has issued subpoenas to at least three cryptocurrency venture capital firms this year. One of the subpoenas is titled Questions Regarding Certain Crypto Asset Intermediaries. The page reads: SEC staff is investigating the above matters to determine whether there are any violations of federal securities laws. The SECs investigation into crypto venture capital shows that the agency is currently focusing on the starting point of the crypto capital channel-that is, the investors from whom the vast majority of crypto startups receive initial funding. Sources also said that at least two other crypto venture capital firms have received basically the same document requests, and the subpoenas sent to crypto venture capital firms require the provision of any token trading contracts in which investors participate. A lawyer for a crypto venture capital firm that was not affected by the subpoena said: This is an excessive fishing enforcement and it is extremely expensive. (DL News)
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

SHIB Jumps 18%, SUI Rebounds to $2.11, and BlockDAG Eyes $1 with 2,520% Gains; Best Crypto for Higher Returns?

Track Shiba Inu’s 18% gain, SUI’s bounce to $2.11, and why experts call BlockDAG the best crypto for higher returns in 2025.SHIB on the Move as Momentum BuildsSUI Price Chart Signals a Potential BreakoutBlockDAG Surges Past $224M – Could Reach $1 in 2025?Closing Thoughts

Coinomedia2025/05/04 17:55
SHIB Jumps 18%, SUI Rebounds to $2.11, and BlockDAG Eyes $1 with 2,520% Gains; Best Crypto for Higher Returns?

$TICS Soars in Presale—Theta and AAVE Take the Stage as Best Altcoins to Buy and Hold for Short Term

Explore the best altcoins to buy and hold for the short term in 2025. Featuring Qubetics, Theta, and AAVE with real-time updates and actionable insights.Qubetics: Leading the Charge in Blockchain InnovationTheta: Pioneering Decentralized Video StreamingAAVE: Dominating the DeFi LandscapeHow Qubetics Stands OutConclusion: The Future Is Bright for Qubetics, Theta, and AAVE

Coinomedia2025/05/04 17:55
$TICS Soars in Presale—Theta and AAVE Take the Stage as Best Altcoins to Buy and Hold for Short Term

Countdown to Gains: Best New Meme Coins for Significant Returns Include BTFD ($2K to $60K!), SPX6900, and ACT

Discover three of the best new meme coins for significant returns, starting with BTFD Coin and its referral rewards system.BTFD Coin: Referral Rewards & Degen DreamsSPX6900: The Meme Economy Meets Market ManiaACT I: The AI Prophecy – Lore, Bots, and Blockchain Destiny

Coinomedia2025/05/04 17:55
Countdown to Gains: Best New Meme Coins for Significant Returns Include BTFD ($2K to $60K!), SPX6900, and ACT