4/5 @mcuban did, however, explain to TV viewers the reality of trading on regulated platforms: they collect sensitive data. "There's something called know-your-customer," he said. "They have to make sure you're not a money launderer or a fraudster." coindesk.com/dogecoin-mark-…
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JUST IN: Troubled Canadian crypto exchange QuadrigaCX owes its customers $190 million and cannot access most of the funds, according to a court filing obtained by CoinDesk's @nikhileshdeow.ly/DIHw50ktpDR
2/ .@QuadrigaCoinEx's late founder held “sole responsibility for handling the funds and coins,” and the remaining team members have had no luck accessing the exchange’s cold wallets since, his widow wrote in a court filing coindesk.com/quadriga-credi…
3/After the founder's death, “Quadriga’s inventory of crypto has become unavailable and some of it may be lost,” his widow told the court. She has his laptop, but it's encrypted and she does not have its password or recovery key. coindesk.com/quadriga-credi…
JUST IN: SEC charges EtherDelta founder with operating an unregistered exchange -- its the agency's "first enforcement action based on findings that such a platform operated as an unregistered national securities exchange." Story to come
2/EtherDelta is an online platform for secondary market trading of ERC20 tokens. Over 18 months it "executed more than 3.6 million orders ... including tokens that are securities under the federal securities laws," the SEC says
3/"Almost all of the orders placed through EtherDelta's platform were traded after" the SEC's 2017 DAO report, which had warned that the agency regarded certain ICO tokens as securities.