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SEC V. Wahi
''SEC v. Wahi'' is a pending United States federal court case in which the U.S. Securities and Exchange Commission accuses former Coinbase executive Ishan Wahi, along with Ishan's brother Nikhil and their friend Sameer Ramani, of engaging in insider trading. It is the first insider-trading investigation which involves the cryptocurrency market. Led by US Attorney Damian Williams and filed by SEC litigants Daniel Maher and Peter Lallas, the trial will be held in the United States District Court for the Western District of Washington's Seattle division. The dates of when the case will be heard have not been settled, though the SEC has requested a trial by jury. The Wahi brothers are currently under custody, though Ramani remains at large. Background Coinbase, the largest US cryptocurrency exchange, has since May 2020 publicly announced when it will begin listing certain crypto assets on its trading platform. In October 2020, Coinbase hired Ishan as a manager in its Assets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States District Court For The Western District Of Washington
The United States District Court for the Western District of Washington (in case citations, W.D. Wash.) is the federal district court whose jurisdiction comprises the following counties of the state of Washington: Clallam, Clark, Cowlitz, Grays Harbor, Island, Jefferson, King, Kitsap, Lewis, Mason, Pacific, Pierce, San Juan, Skagit, Skamania, Snohomish, Thurston, Wahkiakum, and Whatcom. Its courthouse, built in 2004, is located at 7th and Stewart in Seattle. As of the 2000 census, 4.6 million people resided in the Western District, representing 78% of the state's population. The district includes the cities of Bellingham, Bremerton, Seattle, Bellevue, Olympia, Vancouver, Everett, and Tacoma, amongst others. Cases from the Western District of Washington are appealed to the United States Court of Appeals for the Ninth Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the Federal Circuit). T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ripple Labs
Ripple Labs, Inc. is an American technology company which develops the Ripple payment protocol and exchange network. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco, California. History Ryan Fugger conceived Ripple in 2004 after working on a local exchange trading system in Vancouver. The intent was to create a monetary system that was decentralized and could effectively empower individuals and communities to create their own money. Fugger later built the first iteration of this system, RipplePay.com. Concurrently, in May 2011, Jed McCaleb began developing a digital currency system in which transactions were verified by consensus among members of the network, rather than by the mining process used by Bitcoin. In August 2012, Jed McCaleb hired Chris Larsen and they approached Ryan Fugger with their digital currency idea. After discussions with McCaleb and long-standing members of the Ripple community, Fugger handed o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States District Court Cases
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe Television * ''United'' (TV series), a 1990 BBC Two documentary series * ''United!'', a soap opera that aired on BBC One from 1965 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Companies
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the Investment Company Act of 1940. Investment companies invest money on behalf of their clients who, in return, share in the profits and losses. Investment companies are designed for long-term investment, not short-term trading. Investment companies do not include brokerage companies, insurance companies, or banks. In United States securities law, there are at least three types of investment companies: * Open-End Management Investment Companies ( mutual funds) *Face amount certificates companies: very rare. *Management companies * Closed-End Management Investment Companies (closed-end funds) * UITs (unit investment trusts): only issue redeemable units. In general, each of these investment companies must register under the Securities Ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cryptocurrency Exchange
A cryptocurrency exchange, or a digital currency exchange (DCE), is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. Exchanges may accept credit card payments, wire transfers or other forms of payment in exchange for digital currencies or cryptocurrencies. A cryptocurrency exchange can be a market maker that typically takes the bid–ask spreads as a transaction commission for its service or, as a matching platform, simply charges fees. Some brokerages which also focus on other assets such as stocks, like Robinhood and eToro, let users purchase but not withdraw cryptocurrencies to cryptocurrency wallets. Dedicated cryptocurrency exchanges such as Binance and Coinbase do allow cryptocurrency withdrawals, however. Operation A cryptocurrency exchange can typically send cryptocurrency to a user's personal cryptocurrency wallet. Some can convert digital currency balances ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Asset
A digital asset is anything that exists only in digital form and comes with a distinct usage right. Data that do not possess that right are not considered assets. ''Digital assets'' include but are not exclusive to: digital documents, audible content, motion picture, and other relevant digital data that are currently in circulation or are, or will be stored on digital appliances such as: personal computers, laptops, portable media players, tablets, data storage devices, telecommunication devices, and any and all apparatuses which are, or will be in existence once technology progresses to accommodate for the conception of new modalities which would be able to carry digital assets; notwithstanding the proprietorship of the physical device onto which the digital asset is located. Types Types of digital assets include, but are not exclusive to: software, photography, logos, illustrations, animations, audiovisual media, presentations, spreadsheets, digital paintings, word documen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The National Law Review
''The National Law Review'' is an American law journal, daily legal news website and legal analysis content-aggregating database. In both 2020 and 2021, the National Law Review published over 20,000 legal news articles and experienced an uptick in readership averaging 4.3 million readers in both March and April 2020, due to the demand for news regarding the COVID-19 Pandemic. The site offers hourly legal news updates and analysis of recent court decisions, regulatory changes and legislative actions and includes a combinations of original content and content submitted by various professionals in the legal and business communities. The online version of ''The National Law Review'' was started as a research tool by a group of corporate attorneys looking to store and classify useful and reputable legal analysis and news they located on the internet. The National Law Review has grown to one of the most widely read business law websites in the United States. The on-line version con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
K&L Gates
K&L Gates LLP is an American multinational corporation law firm based in the United States, with international offices in Asia, Australia, Europe, the Middle East, and South America. Its namesake firms are Kirkpatrick & Lockhart, a Pittsburgh-based firm founded as Kirkpatrick, Pomeroy, Lockhart & Johnson in 1946, and Preston Gates & Ellis, a Seattle firm founded in 1883 whose prominent partners included William H. Gates Sr., the attorney, philanthropist, and father of Microsoft co-founder Bill Gates. Kirkpatrick & Lockhart merged with Preston Gates in 2007 to form K&L Gates, LLP. Measured by headcount, it was the 12th largest law firm in the United States in 2018. The firm delivers legal services at both an individual office level and through nine broad firmwide practice areas: Corporate and Transactional; Energy, Infrastructure and Resources; Finance; Financial Services; Intellectual Property; Labor, Employment and Workplace Safety; Litigation and Dispute Resolution; R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercial An infomercial is a form of television commercial that resembles regular TV programming yet is intended to promote or sell a product, service or idea. It generally includes a toll-free telephone number or website. Most often used as a form of dire ...s, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security (finance)
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than Stock, equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., Warrant (finance), equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic (Dematerialization (securities), dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they enti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coinbase
Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United States by trading volume. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam. In May 2020, Coinbase announced it would shut its San Francisco, California headquarters and change operations to remote-first, part of a wave of several major tech companies closing headquarters in San Francisco in the wake of the COVID-19 pandemic. History 2012–2019: founding and early years Coinbase was founded in June 2012 by Brian Armstrong, a former Airbnb engineer. Armstrong enrolled in the Y Combinator startup incubator program and received a $150,000 cash infusion. Fred Ehrsam, a former Goldman Sachs trader, later joined as a co-founder after noticing Armstrong's posts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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