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Latest from Nelson Wang
SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report
The key legal question at the center of the probe, according to Bloomberg, is whether NFTs are securities.

BNB Chain Halts After 'Potential Exploit' Drained Estimated $100M in Crypto
The chain has now resumed operations after fixing a problem that let someone create $570 million of the token, though they were only able to abscond with a smaller amount.

Coinbase Expands Services in Australia, Calling Country a ‘Priority Market for Us’
The crypto exchange is adding a way for retail customers to easily transfer Australian dollars to their Coinbase accounts, among other improvements.

SEC Accuses 2 Firms of Crypto Pump-and-Dump Scheme
The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it.

Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report
A Terraform spokesperson claimed its luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital markets law.

Crypto Exchange FTX.US President Brett Harrison Stepping Down
Zach Dexter, the CEO of FTX's U.S. derivatives unit, will take over Harrison's role, according to a source.

CFO of Insolvent Crypto Lender Voyager Resigns
Ashwin Prithipaul joined Voyager Digital as its chief financial officer in May of this year.

CFTC Penalizes Blockchain Protocol $250K, Files Action Against Successor DAO
The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki DAO.

Kraken’s Jesse Powell to Step Down as CEO of Crypto Exchange
Chief Operating Officer Dave Ripley will take over as CEO.

Crypto Exchanges Binance and FTX Have Both Bid Roughly $50M for Voyager’s Assets: Report
Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal.
