SEC
eToro Pays $1.5M SEC Fine, Limits US Crypto Trading to BTC, BCH, ETH
eToro USA LLC has agreed to pay a $1.5 million penalty to the Securities and Exchange Commission (SEC) to resolve charges related to operating as an unregistered broker and clearing...
Coinbase vs. SEC & FDIC: ‘Intrepid Detective’ Grewal Digs Deeper
Coinbase and its chief legal officer, Paul Grewal, have been investigating the US SEC and FDIC’s actions towards the crypto industry. James Murphy, a prominent crypto voice known on X...
Caroline Ellison Seeks Leniency in FTX Case, Citing Cooperation in Trial
Caroline Ellison, Sam Bankman-Fried’s former partner and ex-CEO of Alameda Research, is seeking leniency in the FTX collapse case. She argues that her cooperation during the trial, including three days...
DeFi Takes Center Stage in First-Ever Congressional Hearing
Jake Chervinsky, a lawyer, expressed his emotions after the first-ever Congressional hearing on decentralized finance (DeFi). He highlighted the significance of DeFi’s rise from a handful of projects to now...
SEC Crypto Crackdown: $4.7 Billion in Enforcement Actions This Year
The U.S. Securities and Exchange Commission (SEC) has ramped up its enforcement efforts against crypto firms in 2024, collecting $4.7 billion in fines—a massive 3,018% increase from the previous year....
Pro-XRP Lawyer Assures Community on SEC’s Appeal Strategy
Pro-XRP lawyer Bill Morgan has addressed concerns about the SEC potentially using obiter dictum to challenge XRP’s non-security status. He assured the community that while obiter isn’t set in stone...
XRP’s Uncertain Future: Legal Wrangling and Market Turbulence
The legal status of XRP, Ripple’s cryptocurrency, remains uncertain, especially after recent court rulings. While a judge’s finding on XRP’s nature was a win for Ripple, the decision could be...
Ripple Endorses Kamala Harris as XRP Loses 50% to Bitcoin
Ripple has announced its support for Kamala Harris in the 2024 presidential race, as the fintech firm faces challenges with the performance of its XRP cryptocurrency against Bitcoin (BTC). XRP,...
Coinbase Wins Partial Victory in SEC Case, Gains Access to Key Documents
A New York judge has granted Coinbase’s request for the SEC to hand over specific documents related to the tokens involved in the lawsuit against the crypto exchange. However, the...
How Social Narratives Drive Crypto Prices, According to Santiment
A new Santiment analysis has revealed how emotions like hype and fear significantly influence crypto prices. A researcher’s report on the platform examined the impact of several recent high-profile events...
Coinbase Custody: A Single Point of Failure for Crypto ETFs?
Read also: When Will You Buy Ethereum ETFs? SEC Approval Timeline in Limbo The SEC’s position on crypto custody, as highlighted by SAB 121, may inadvertently be concentrating risks within...
SEC vs. Ripple: Appeal Looms as Payment Deadline Nears
Ripple Labs has requested a stay on the monetary portion of the judgment in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). This move comes as...
CFTC Cracks Down on DeFi: Uniswap Fined for Leveraged Token Trading
Read also: Coinbase Pushes Back on CFTC’s Prediction Market Ban The Commodity Futures Trading Commission (CFTC) has settled charges with Uniswap Labs, the company behind the decentralized exchange Uniswap, regarding...
FTX Repayment Plan in SEC Crosshairs, Stablecoin Use Questioned
The SEC is taking a closer look at payments made to creditors of the collapsed FTX exchange. This comes as Adam Cochran voiced concerns about SEC oversight failures on social...
SEC Commissioner Advocates for Specialized Crypto S-1 Form at KBW 2024
At the Korea Blockchain Week 2024 event, SEC commissioner Mark T. Uyeda emphasized the need for the agency to create a specialized S-1 registration form for digital asset securities. He...
Ripple CLO Slams SEC’s “Fabricated” Terminology in Crypto Regulation Cases
Legal experts, including Ripple’s Chief Legal Officer, argue that the U.S. Securities and Exchange Commission (SEC) continuously attempts to mislead judges by using the term “crypto asset security” without legal...
XRP Whales Trigger Excitement: Price Rally Yet to Follow
XRP whales recently withdrew 806 million tokens worth over $400 million from the exchanges. According to a cryptocurrency analyst on the Cheeky Crypto YouTube channel, the whales’ actions sent massive...
Coinbase CLO Calls Out SEC’s Unclear Stance on FTX Repayment Plan
Coinbase’s Chief Legal Officer Paul Grewal has taken to X to criticize the U.S. Securities and Exchange Commission (SEC) for its unclear stance on FTX’s proposal to repay creditors using...
Kraken Cites Ripple Case in SEC Battle, But Judge Says Different
Legal analyst Bill Morgan has weighed in on the ongoing legal battle between cryptocurrency exchange Kraken and the U.S. Securities and Exchange Commission (SEC), reiterating a critical distinction. Kraken attempted...
US Judges: Crypto Tokens Not Inherently Securities
U.S. judges are providing clarity on the legal status of cryptocurrency tokens. In a series of recent rulings, judges have emphasized that tokens themselves are not inherently securities. These decisions...
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 and CEO of OpenSea, made...
SEC May Not Appeal Ripple Ruling, Lawyer Predicts
Digital assets lawyer Bill Morgan suggests the U.S. Securities and Exchange Commission (SEC) might forgo an appeal in the Ripple case if “merely legal considerations are influencing the decision.” This...
Ripple’s $125M Fine: Could the SEC End Up Paying Interest?
Key players in the crypto community are pondering the scenario of what might happen if there is an appeal in the recently concluded Ripple-SEC case. Attorney Fred Rispoli sparked a...
XRP Dips, Then Rebounds: Bullish Breakout on the Horizon?
XRP dipped yesterday, briefly aligning with a prediction by Cheeky Crypto on YouTube, before reversing course and continuing its upward climb. The seventh-ranked crypto fell to $0.57900 before closing at...
Kraken’s Fight Against SEC Continues: Dismissal Denied
In the latest development in the ongoing legal tussle between Kraken and the SEC, Willian H. Orrick, a federal high court judge, has denied the crypto exchange’s motion to quash...
