SEC
CFTC Cracks Down on DeFi: Uniswap Fined for Leveraged Token Trading
Uniswap Labs settled with the CFTC, paying a $175,000 fine for alleged violations of the Commodity Exchange Act. The CFTC's action emphasizes increased scrutiny on…
FTX Repayment Plan in SEC Crosshairs, Stablecoin Use Questioned
The SEC reserved the right to challenge creditor repayments made using U.S. dollar-pegged crypto assets. FTX's current liquidation plan proposes creditor claims based on asset…
SEC Commissioner Advocates for Specialized Crypto S-1 Form at KBW 2024
SEC’s Mark Uyeda calls for tailored S-1 registration for digital asset securities. Uyeda criticizes the lack of progress in accommodating digital asset sponsors. Ripple and…
Ripple CLO Slams SEC’s “Fabricated” Terminology in Crypto Regulation Cases
Legal experts argue that the SEC misleads judges by using the term "crypto asset security." Ripple CLO claims the term "crypto asset security" is fabricated…
XRP Whales Trigger Excitement: Price Rally Yet to Follow
XRP Whales recently withdrew 806 million tokens from crypto exchanges. Whales’ actions suggest belief in XRP’s long-term potential. The community’s bullish speculation is yet to…
Coinbase CLO Calls Out SEC’s Unclear Stance on FTX Repayment Plan
Coinbase CLO Paul Grewal criticizes SEC's unclear guidance on FTX’s creditor repayment plans. The SEC reserves the right to challenge the legality of repaying creditors…
Kraken Cites Ripple Case in SEC Battle, But Judge Says Different
Bill Morgan highlighted Kraken's failed reliance on Ripple's ruling. Judge Orrick differentiates Kraken's case from Ripple's. The judge clarified that Ripple’s decision was highly specific…
US Judges: Crypto Tokens Not Inherently Securities
U.S. judges clarify that crypto tokens are not inherently securities under current laws. Recent rulings stress that context matters in classifying cryptocurrency tokens as securities.…
OpenSea Faces SEC Scrutiny Over NFT Classification
The U.S. Securities and Exchange Commission (SEC) is scrutinizing OpenSea, the world's leading NFT marketplace, potentially classifying NFTs as unregistered securities. Devin Finzer, the Co-founder…
SEC May Not Appeal Ripple Ruling, Lawyer Predicts
SEC will not appeal the decision in XRP lawsuit if legal considerations are taken into account. Lawyer Bill Morgan highlighted that judges in Binance and…
