SEC Moves First DeFi Unregistered Securities Lawsuit
The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported
Tesla Q2 Earnings Recap: 98% Revenue Growth To $11.96B, Semi Shifts To 2022, No Bitcoin Transactions
Tesla Inc (NASDAQ: TSLA) topped 200,000 electric vehicles produced and delivered in the second quarter and shared an update on what’s ahead with its second-quarter financial results reported after market close Monday.