SEC
Ripple CTO Uses Diamond Business Analogy To Support Consensys in SEC Lawsuit
Ripple’s Chief Technology Officer (CTO), David Schwartz, recently expressed his support for the crypto company Consensys in the lawsuit filed by the SEC against it. Using the diamond market as...
Judge’s Smackdown of SEC in Binance Case Sparks Hope for Crypto Industry
In a significant legal victory for Binance, a federal judge has ruled that secondary market sales of its BNB token do not constitute securities. The decision could have far-reaching implications...
SEC Suffers Setback as Judge Rules Binance’s BNB Secondary Sales Not Securities
A federal judge has rejected the U.S. Securities and Exchange Commission’s claim that secondary market sales of Binance’s BNB token constitute securities, delivering a significant win for the cryptocurrency exchange...
MetaMask in Hot Water: SEC Alleges Unregistered Broker Activity, $250M in Fees
The Securities and Exchange Commission has filed a lawsuit against ConsenSys, the software company behind the popular MetaMask wallet, alleging the firm violated securities laws by operating as an unregistered...
Coinbase Alleges SEC and FDIC Stonewalling on Ethereum Stance in FOIA Lawsuit
Coinbase has sued the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC), accusing the agencies of stonewalling public records requests and stifling the crypto industry...
SEC Faces Setback in Court, Ripple Sees Potential Opportunity
A U.S. court has ruled against the Securities and Exchange Commission declaring that the agency unlawfully rescinded a rule on proxy advisory firms without adhering to the Administrative Procedure Act....
Ripple Expands Beyond XRP with Planned Stablecoin and Potential ETF
Ripple, the blockchain payments company behind XRP, is expanding its services with a planned U.S. dollar-backed stablecoin and potential exploration of an XRP-based Exchange-Traded Fund (ETF), according to company president...
Gary Gensler Signals Green Light for Ether ETFs: Will Approval Come Before Elections?
Reports indicate that the Securities and Exchange Commission may soon approve the first spot Ether exchange-traded funds (ETFs), a decision that could reshape the cryptocurrency landscape. A Reuters report suggests...
Binance.US Exits Washington State as Regulatory Challenges Mount
Binance.US, the American arm of the global cryptocurrency exchange, will cease operations in Washington state on August 20, 2024, following the loss of its operating license amid heightened regulatory scrutiny....
Ripple Looks to Future After Court Ruling Clears Path for XRP Growth
Ripple’s President, Monica Long, expressed optimism about the company’s future following a recent court ruling clarifying XRP’s status as a non-security, signaling a pivotal moment in the ongoing legal battle...
XRP Struggles Despite Ripple’s Legal Win Over SEC
A California court ruling favoring Ripple Labs in its ongoing legal battle with the U.S. Securities and Exchange Commission has sent ripples through the cryptocurrency market, yet the price of...
Ripple’s Legal Outcomes Inject New Dynamics to XRP’s Price Behavior
Recent events surrounding Ripple have injected more dynamics into the firm’s ongoing legal challenges, affecting XRP’s price behavior. The embattled altcoin gained 0.02% last Friday following a partial court victory...
Gemini Founders Breach Bitcoin Donation Cap in Trump 2024 Fundraising
Gemini co-founders Cameron and Tyler Winklevoss overstepped federal campaign contribution limits with their Bitcoin donations to Donald Trump’s 2024 presidential bid, underscoring the former president’s deepening ties to the crypto...
BlackRock, Fidelity Lead Charge in Updated Filings for Spot Ethereum ETFs
Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Invesco, VanEck, and 21Shares have all submitted updated filings for their spot Ethereum exchange-traded fund (ETF) applications, marking a significant step forward in the...
What’s Behind Ripple’s Mysterious 250 Million XRP Move?
Ripple Labs’ transfer of 250 million XRP to an unknown wallet has sparked speculation within the cryptocurrency community, especially considering the current bearish market conditions and the company’s ongoing legal...
Terra’s Collapse: The Fallout Reaches a Prime Minister’s Office
News media agency, Vijesti reported that court documents released by the U.S. Securities and Exchange Commission revealed Montenegrin Prime Minister Milojko Spajic as an early investor in Terraform Labs, the...
Ethereum Rally Anticipated as Regulatory Concerns Ease
Ethereum’s (ETH) price has plummeted from a weekly high of over $3,600 to $3,374, but market analysts believe the cryptocurrency’s bearish phase may be nearing its end from the most...
XRP Investors Cry Foul Over SEC’s Ethereum Favoritism
The XRP community is crying foul over the SEC’s perceived favoritism towards Ethereum, sparking outrage and calls for legal action. The controversy stems from the SEC’s recent decision to drop...
SEC Backs Down on Ethereum, but ConsenSys Isn’t Backing Out
The Securities and Exchange Commission has ended its investigation into Ethereum, a major win for the cryptocurrency ecosystem. However, software firm ConsenSys, a key player in the Ethereum space, has...
Binance US Hit With Another License Revocation in North Dakota
North Dakota has become the latest state to revoke Binance US’s license to operate as a money transmitter, citing compliance failures and the legal troubles of its founder, Changpeng Zhao....
Nigerian SEC Issues Warning on Davido-Linked Meme Coin $DAVIDO
The Nigeria Securities and Exchange Commission (SEC) has issued a warning against investing in $DAVIDO, a meme coin linked to Nigerian musician David Adeleke, also known as Davido. The warning,...
Terraform Precedent: SEC Challenges Ripple’s Fine Appeal
In the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission, the regulator has responded to Ripple’s challenge regarding the proposed $2 billion fine. The SEC’s response,...
SEC Chair’s Stance on Crypto Could Impact Biden’s Re-election Bid
Billionaire investor and cryptocurrency advocate Mark Cuban has warned that the Securities and Exchange Commission’s aggressive regulatory approach, spearheaded by Chairman Gary Gensler, could jeopardize President Joe Biden’s re-election bid....
Terra’s $4.5 Billion Fine: A Warning Shot to Crypto Fraudsters
In a decisive move against fraud in the cryptocurrency sector, a federal judge has approved a $4.5 billion settlement between the Securities and Exchange Commission and Terraform Labs, along with...
Ripple Slams SEC for ‘Unreasonable’ Penalties, Cites Terraform Precedent
Ripple Labs has accused the Securities and Exchange Commission of pursuing disproportionately harsh penalties against the company compared to other crypto-related cases. In a recent filing, Ripple cited the recent...
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