Category: SEC

  • Crypto.com Files Suit Against SEC After Receiving Wells Notice

    On Tuesday, digital asset exchange Crypto.com became the latest target of the U.S. Securities and Exchange Commission (SEC), which has increasingly used a regulation-by-enforcement strategy over the past year. This latest action follows the SEC’s previous audit of trading platforms, including Robinhood, just a few months ago. Crypto.com accuses SEC…

  • Secondary Market Status Safe Despite SEC Appeal

    On Wednesday, the US Securities and Exchange Commission (SEC) officially began an appeal process against the final ruling in the case against Ripple Labs. The specific reasons for the SEC’s appeal remain unannounced yet, leaving the XRP community in the dark. However, pro-XRP lawyer Bill Morgan did just that He…

  • Secondary Market Status Safe Despite SEC Appeal

    On Wednesday, the US Securities and Exchange Commission (SEC) officially began an appeal process against the final ruling in the case against Ripple Labs. The specific reasons for the SEC’s appeal remain unannounced yet, leaving the XRP community in the dark. However, pro-XRP lawyer Bill Morgan did just that He…

  • Ripple XRP Case: SEC Moves To Appeal Court Ruling

    In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing a court ruling limiting its authority over cryptocurrency markets. the attractiveness It targets the July 2023 decision by U.S.…

  • Ripple XRP Case: SEC Moves To Appeal Court Ruling

    In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing a court ruling limiting its authority over cryptocurrency markets. the attractiveness It targets the July 2023 decision by U.S.…

  • Court sides with SEC in mining device case

    A US court has ruled that cryptocurrency mining funds sold by Green United are securities, satisfying the SEC’s claims. according to Bloomberg LawGreen United did not persuade a federal court to dismiss a civil fraud lawsuit brought by the Securities and Exchange Commission, which accused the company of misleading investors.…

  • Court sides with SEC in mining device case

    A US court has ruled that cryptocurrency mining funds sold by Green United are securities, satisfying the SEC’s claims. according to Bloomberg LawGreen United did not persuade a federal court to dismiss a civil fraud lawsuit brought by the Securities and Exchange Commission, which accused the company of misleading investors.…

  • Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision

    This article is also available in Spanish. the lawsuit The relationship between Ripple and the US Securities and Exchange Commission (SEC) has not actually ended, as new reports indicate. The regulator is likely to oppose the court’s decision appeared. If the SEC decides to move forward with the appeal, Ripple…

  • Mark Cuban Says He’d Take Over SEC From Gensler Under A Kamala Harris Presidency

    With his bold statements about SEC Chairman Gary Gensler, Mark Cuban has made waves in political and financial circles. After a recent congressional hearing, where Gensler faced intense questioning about his regulatory approach to cryptocurrencies, Cuban took to social media to express his displeasure. He pointed out that Gensler as…

  • Mark Cuban Says He’d Take Over SEC From Gensler Under A Kamala Harris Presidency

    With his bold statements about SEC Chairman Gary Gensler, Mark Cuban has made waves in political and financial circles. After a recent congressional hearing, where Gensler faced intense questioning about his regulatory approach to cryptocurrencies, Cuban took to social media to express his displeasure. He pointed out that Gensler as…

  • Laid-off Foot Locker employee made $100,000 after shorting stock, SEC says

    Financial Regulatory Bodies Charged NEW YORK — A 56-year-old New York man was charged with insider trading Tuesday, alleging the CEO knew in advance that Foot Locker’s disappointing results would Profits That could trigger a selloff in shares. In all, authorities said the executive made about $113,000 — and now…

  • Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121

    Republican lawmakers are pressing the U.S. Securities and Exchange Commission to repeal a controversial rule for banks dealing with cryptocurrencies. Yesterday, September 23, a group of more than 40 members of Congress met sender A group of investors have signed letters to the heads of four major U.S. regulatory agencies,…

  • Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121

    Republican lawmakers are pressing the U.S. Securities and Exchange Commission to repeal a controversial rule for banks dealing with cryptocurrencies. Yesterday, September 23, a group of more than 40 members of Congress met sender A group of investors have signed letters to the heads of four major U.S. regulatory agencies,…

  • SEC charges TrustToken and TrueCoin over stablecoin fraud

    The US Securities and Exchange Commission has charged two crypto companies linked to the TUSD stablecoin with securities violations. TrueCoin and TrustToken stable The U.S. Securities and Exchange Commission has filed a lawsuit against TrustToken, accusing it of making unregistered offers and selling investment contracts between November 2020 and April…

  • SEC charges TrustToken and TrueCoin over stablecoin fraud

    The US Securities and Exchange Commission has charged two crypto companies linked to the TUSD stablecoin with securities violations. TrueCoin and TrustToken stable The U.S. Securities and Exchange Commission has filed a lawsuit against TrustToken, accusing it of making unregistered offers and selling investment contracts between November 2020 and April…

  • BlackRock Bitcoin ETF Gets SEC Approval For Nasdaq Options Listing

    In a significant development for the cryptocurrency market, the US Securities and Exchange Commission (SEC) has issued consent Nasdaq has applied to list and trade options on BlackRock’s iShares Bitcoin Trust (IBIT). This approval of the Bitcoin ETF marks a critical step in expanding the scope of Bitcoin-related exchange-traded funds…

  • Meme coin Bonk plans to launch an ETP — but is the SEC on board?

    The proposed BONK ETP — potentially the first-ever exchange-traded product — could bridge the gap between crypto investors and Wall Street. Punk Looks to Wall Street Bonk (BONK), a leading cryptocurrency built on Solana (SOL), has announced plans to launch an exchange-traded product in the United States. Nom, one of…

  • SEC Approves Options Trading on BlackRock’s Spot Bitcoin ETF IBIT

    The US Securities and Exchange Commission (SEC) has just granted consent To list and trade options on BlackRock’s Bitcoin exchange-traded fund, iShares Bitcoin Trust (IBIT). BREAKING: SEC Approves BlackRock’s Spot Stock Options #Bitcoin Exchange traded fund. pic.twitter.com/g7R8rSLRI1 — Bitcoin Magazine (@BitcoinMagazine) September 20, 2024 Options on the iShares Bitcoin Trust…

  • SEC Charges FTX Audit Firm With Negligence And Independence Violations

    The U.S. Securities and Exchange Commission (SEC) has reached a settlement with auditing firm Prager Metis, which agreed to pay $1.95 million to resolve allegations of misconduct related to its audits of now-defunct cryptocurrency exchange FTX. $745,000 due to FTX audit failure On Tuesday, the Securities and Exchange Commission It…

  • SEC Charges FTX Audit Firm With Negligence And Independence Violations

    The U.S. Securities and Exchange Commission (SEC) has reached a settlement with auditing firm Prager Metis, which agreed to pay $1.95 million to resolve allegations of misconduct related to its audits of now-defunct cryptocurrency exchange FTX. $745,000 due to FTX audit failure On Tuesday, the Securities and Exchange Commission It…