This move marks a significant step in the SEC’s ongoing efforts to ensure compliance and protect investors in the fast-growing cryptocurrency market.
Details of the case, including the specific charges and potential consequences, are yet to be revealed.
In a recent development, the U.S. The news highlights the importance of adhering to regulatory guidelines and underscores the need for continued oversight in the evolving digital asset landscape.
Securities and Exchange Commission (SEC) has filed a lawsuit against Matthew Moravec, co-founder of THOR, accusing him of violating securities regulations by failing to register the sale of cryptocurrency securities.