Other
“eToro Reaches Settlement with SEC and Will Cease Trading Activity in Nearly All Crypto Assets”
Primary Source ↗Incident Details
The eToro stock and crypto trading platform settled with the U.S. Securities and Exchange Commission on charges that it was operating an unregistered broker and unregistered clearing agency, and facilitating trading certain crypto assets as securities. The platform agreed to pay $1.5 million in fines. As a part of the settlement, the platform will also restrict crypto trading for its U.S.-based customers to only bitcoin, bitcoin cash, and ether.
Technical Details
- Initial Attack Vector
- Regulatory / legal action
- Vendor / Product
- eToro settlement
Timeline
- 2024-09-12 Breach occurred
- 2024-09-12 Publicly disclosed