Beaxy Crypto Platform Charged by SEC for Illegal Activities
The Securities and Exchange Commission (SEC) in the United States has filed charges against the cryptocurrency platform Beaxy for engaging in brokerage and clearing activities without proper registration. Additionally, Beaxy is accused of conducting an illegal securities offering, which raised $8 ...
SEC Warns Investors about Risks of Crypto Assets and Proof-of-Reserves
The US Securities and Exchange Commission (SEC) has issued a warning to investors regarding the potential risks associated with investing in crypto assets. The agency has specifically cautioned against relying solely on proof of reserves (PoRs) published by cryptocurrency exchanges, stating that ...