In filing the complaint, the plaintiff, Foris DAX Inc., also known as Crypto.com, is seeking to prevent the SEC from expanding its jurisdiction over secondary market sales of certain tokens sold ...
Foris DAX Inc. v. U.S. Securities and Exchange Commission, Case No. 6:24-cv-00373 (E.D. Tex. Oct. 8, 2024). Essentially, the Exchange is challenging the SEC’s jurisdiction to regulate the ...
The suit was filed by Foris DAX Inc., a company incorporated under the laws of the state of Delaware and operates under the business name of Crypto.com. Separately, Crypto.com filed a petition the ...
The fine was imposed on Foris DAX MT Limited (DAX MT), which runs Crypto.com, for offering services in the Netherlands without registering with De Nederlandsche Bank (DNB), the notice said.
See 7 U.S.C. § 2(a)(1)(A). 6 Foris DAX Inc. (d/b/a Crypto.com), has recently challenged the SEC's de facto rule classifying many digital assets to be themselves "investment contracts" and thus ...
Cryptocurrency exchange Crypto.com said it sued the U.S. Securities and Exchange Commission, along with its Chair Gary Gensler and its four commissioners after the regulator sent a Wells Notice to ...
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