• Sep 03, 2024

Crypto Firm Galois to Pay SEC Penalty Over Use of FTX Accounts

(Bloomberg) -- Crypto investment firm Galois Capital Management will pay a $225,000 fine over Securities and Exchange Commission allegations that it broke rules for safeguarding client assets, including holding some of them in accounts with now bankrupt exchange FTX.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatA Guide to Urban Swimming in Europe, Beyond the SeineThe SEC said Tuesday that in addition to breaking

  • Sep 03, 2024

Why the SEC Is Wrong About NFTs

The SEC’s Wells notice against OpenSea showed once again how regulators are overreaching in interpreting the law, says Edward Lee, a professor at Santa Clara University School...