Crypto Asset Firm Cross-Appeals $120M Civil Penalty Ruling In Dispute With SEC

( October 22, 2024, 9:04 AM EDT) -- NEW YORK — A crypto asset firm filed a notice indicating that it is cross-appealing a New York federal court’s ruling that required it to pay more than $120 million as a civil penalty after granting the Securities and Exchange Commission’s motion for entry of final judgment on the commission’s allegations that cryptocurrencies sold by the firm were effectively unregistered securities....