Regulatory Storms & Legal Drama
The "Wild West" narrative is back in the headlines as regulators ramp up pressure:
Paxful Penalized: The DOJ has hit peer-to-peer marketplace Paxful with a $4 million penalty over allegations related to money laundering and illegal activity.
SEC Under Fire: SEC Chair Paul Atkins was grilled by lawmakers today regarding the agency’s "stalled" fraud case against Tron founder Justin Sun. Questions were raised about potential "pay-to-play" links to political figures.
Coinbase Insider Trading: A Delaware judge has ordered Coinbase to release testimony transcripts related to an insider trading lawsuit involving CEO Brian Armstrong and other board members.
