archiveSuits and Litigation (Civil)

Currencies

S.E.C. Investigating Whether Coinbase Misstated Its User Numbers

Not long after President Trump took office, Coinbase, the largest U.S. cryptocurrency exchange, got some good news: The Securities and Exchange Commission was dropping a lawsuit that had accused the company of illegally marketing digital currencies to the public.But that case may not be the end of the company’s legal troubles.The S.E.C. has also been investigating whether Coinbase misstated its user numbers in past disclosures — an inquiry that began during the Biden administration and has continued under Mr. Trump, according to four people familiar with it.The investigation, which has...
USA Property

Real Estate Brokerages Fight Over How Houses for Sale Should Be Listed

A turf war is erupting in the residential real estate industry, with the biggest names — including Compass, Redfin, Zillow and Homes.com — falling into two increasingly stratified camps when it comes to so-called “pocket listings.”Such listings are houses for sale that are shown privately to select groups before going to the general public.Brokerages and real estate portals on one side believe the private listings are beneficial because they offer sellers privacy and control, as well as a chance to test the waters on aspects of a home sale like...