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CNBC reached out to the SEC about the recent batch of Wells notices sent to crypto firms, and an agency spokesperson declined to comment. Exchanges, both centralized and decentralized, would be forced to choose between registering with the SEC, or delisting ether altogether. watch nowBoth Consensys and Uniswap suggest the SEC's broad approach to classifying securities may be outdated. "The SEC is arguing that the Uniswap protocol is an unregistered securities exchange, and that the Uniswap interface and wallet are both unregistered broker brokers," Ammori said. Uniswap argues in its response to the SEC that the majority of its trading volume is obvious nonsecurities, like ether, bitcoin and stablecoins.
Persons: Marvin Ammori, “ Ammori, Wells, Consensys, overreach, Joseph Lubin, Lubin, , , Christopher Gerold, Laura Brookover, Brookover, ethereum, Bill Hinman, Hinman, Patrick McHenry, Gary, Crypto, haven't, Uniswap, Ammori, there's, Alma Angotti, Guidehouse, Coinbase, We've, Christina Rea, We're, CNBC's Jordan Smith Organizations: Securities and Exchange Commission, Uniswap, SEC, Ethereum Foundation, CNBC, Security, New, New Jersey Bureau of Securities, Consensys, Securities, Exchange Commission's, of Corporation Finance, Rep, Robinhood Locations: U.S, Lubin, New Jersey, ethereum, R
But in granting her petition, the appellate judges wrote that Newsom's conclusion "fails to account for the decades of therapy, self-help programming, and reflection Van Houten has undergone in the past 50 years." It marks the first time a court has overruled a governor's denial of parole to a Manson follower, according to the Los Angeles Times. Van Houten was convicted of fatally stabbing grocery owner Leno LaBianca and his wife, Rosemary, in their Los Angeles home on Aug. 10, 1969. Van Houten's 1971 original conviction and death sentence were initially overturned on appeal, but she was retried, convicted and sentenced to prison in 1978. Reporting and writing by Steve Gorman in Los Angeles; Additional reporting by Daniel Trotta in Carlsbad, California; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Gavin Newsom, Leslie Van Houten, Charles Manson's, Van Houten, Newsom, Jerry Brown, Van Houten's, Van, Manson, Sharon Tate, Leno LaBianca, Rosemary, Tate, Roman Polanski, Abigail Folger, hairstylist Jay Sebring, Gary Hinman, Donald, Shorty, Shea, Steve Gorman, Daniel Trotta, Leslie Adler Organizations: ANGELES, Court, California Supreme, Los Angeles Times, Thomson Locations: California, Los Angeles, Angeles, Europe, Carlsbad , California
Jack Taylor | Getty Images News | Getty ImagesU.S.-based crypto company Ripple no longer derives most of its income from America and is looking to expand its reach in Europe, its top lawyer said. Its commitment to invest in Europe comes despite a deep downturn in crypto markets that's been referred to as "crypto winter." watch nowThe Irish central bank previously handed a VASP license to crypto exchange Gemini. Last week, the shock collapse of Sam Bankman-Fried's crypto exchange FTX sent cryptocurrencies into a tailspin. As a private company, Ripple doesn't disclose its revenues publicly.
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