Federal Judge Rules SEC Can Argue Crypto Is Security In Case Against Singapore Firm

(August 16, 2023, 9:18 AM EDT) -- NEW YORK — A federal judge in New York denied a cryptocurrency firm’s motion to dismiss a complaint filed against it by the U.S. Securities and Exchange Commission wherein the SEC alleges that the firm schemed to defraud investors, finding that the SEC is within its authority to argue that cryptocurrencies are securities....

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