Coinbase Faces Shareholder Lawsuit Over Bankruptcy Risks and Securities Violations

Coinbase is facing a shareholder lawsuit alleging it misled investors about bankruptcy risks, engaged in proprietary trading, and failed to disclose customer assets could be at risk. The suit also names top executives, including CEO Brian Armstrong.
The post Coinbase Faces Shareholder Lawsuit Over Bankruptcy Risks and Securities Violations appeared first on Cryptonews. …

Coinbase Moves Big on Solana – Could Futures Trading Lead to a New ATH for SOL?

The price of Solana has recovered by 1.5% today, with its rise to $171 coming as Coinbase begins offering CFTC-regulated SOL futures to traders.SOL remains down by 13% in a week and by 35% in a month, but Coinbase’s news has lifted it from a 24-hour low of $161, which represented a potentially dangerous resistance […]
The post Coinbase Moves Big on Solana – Could Futures Trading Lead to a New ATH for SOL? appeared first on Cryptonews. …

Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea’s Supreme Court Rules

South Korea’s Supreme Court has upheld a lower court ruling that TerraUSD and LUNA tokens aren’t considered financial investment products under the Capital Markets Act, as reported by Korean newspaper Etoday ¹. This decision means TerraUSD and LUNA can’t be classified as regulated securities, which will impact ongoing legal proceedings against Terraform Labs executives, including co-founder Shin Hyun-Seong.
The post Collapsed TerraUSD and LUNA Not Financial Investment Products: South Korea’s Supreme Court Rules appeared first on Cryptonews. …