SEC
SEC’s Enforcement Action Against NFTs Could Hurt the Industry
The U.S. Securities and Exchange Commission (SEC) last month made its first regulatory move against NFT offerings, unsettling the entire crypto market. Many in crypto quarters believe the recent action...
SEC’s Leniency in $5 Million Verdict Hints at Crypto Policy Pivot
Recent developments at the U.S. Securities and Exchange Commission (SEC) have attracted attention, primarily stemming from the commission’s controversial first NFT-related enforcement action. The SEC’s recent lawsuit against LA-based Impact...
21Shares and ARK File for First US Spot-Ether ETFs, Pending SEC Approval
The first US exchange-traded funds (ETFs) that invest in Ether are being developed by 21Shares and ARK Investment Management, two companies that provide crypto exchange-traded products. According to a filing...
SEC’s Next Target Might Be Friend.tech — Are Its Keys Securities?
Friend.tech, a rapidly emerging social media platform in the crypto space, has come under scrutiny regarding the classification of its keys as securities and whether they should be subject to...
Grayscale Urges SEC to Approve GBTC Conversion to Bitcoin ETFs
Grayscale Investments reportedly urged the Securities and Exchange Commission (SEC) to approve the company’s application for the conversion of Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF), claiming that...
Deaton Says SEC Lawsuit Affected XRP’s Adoption and Use in the U.S
Renowned crypto lawyer and pro-XRP advocate John Deaton has struck back at the U.S. Securities and Exchange Commission again, accusing the regulator of stunting XRP’s growth and adoption in the...
Ex-SEC Chair Admits Retail Can’t Have Crypto Until Big Banks Do
Ex SEC Chair acknowledges retail crypto access depends on large institutions. Jay Clayton said the SEC may have alternative reasons for approving or rejecting Bitcoin ETFs. John Deaton criticized the...
XRP Holds Its Ground Among Top Altcoins Amid Tumbling Market
XRP was the best performer on Coinbase among the top 10 altcoins during the recent dip. All the identified altcoins recorded average trade sizes below $400, except XRP. XRP’s average...
Ripple Labs Objects SEC’s Request for Interlocutory Appeal: Lawyer Comments
Ripple Labs filed a motion, objecting to the SEC’s request for an interlocutory appeal in the ongoing lawsuit. Bill Morgan shares insights on Ripple Labs’ move, reinforcing his positive view...
XRP Attorney and Ripple CLO Celebrate the SEC’s Failure in Court
Pro-XRP lawyer John Deaton, adding to his vexed comments against the Securities and Exchange Commission (SEC), tagged the agency as “transient regulators.” The attorney’s latest reproval on the SEC came...
Ripple Expects Victory in SEC Lawsuit Amid Grayscale-Favored Ruling
Ripple Labs and the XRP community remain optimistic about its imminent victory in the prolonged SEC-Ripple legal conflict, especially fueled by the recent court ruling that placed Grayscale Investments halfway...
Deaton: 35% Chance SEC Lawsuit Against Coinbase Will Be Dismissed
Renowned crypto lawyer John Deaton has dropped his estimation of the outcome of the regulatory lawsuit against Coinbase. In a recent tweet, Deaton argued there is a 35% chance the...
Courts Turning Against SEC’s Interpretation of Crypto: XRP Lawyer
Bill Morgan, a prominent Ripple attorney, has reaffirmed his optimistic outlook on the long-running U.S. Securities and Exchange Commission (SEC)-Ripple legal tussle. Morgan elucidated on the court’s stance against the...
PEPE, SOL, STX Steal Spotlight from BTC Amid Grayscale Court Victory
The global crypto market’s trading volume is up significantly in the last 24 hours by over 136%. According to data from the market tracking platform CoinMarketCap, crypto traders bought and...
ETF Was GBTC’s Ultimate Goal; Grayscale’s Only Option Was To Sue SEC
With the recent ruling made by Judge Neomi Rao on the Grayscale case against the SEC, the regulator is now compelled to reevaluate its stance on the application for a...
Crypto Lawyer Shares Take On SEC’s Sealed Motion In Binance Lawsuit
Crypto lawyer John Reed Stark recently highlighted the Securities and Exchange Commission’s motion to file documents under seal, in the enforcement action against Binance. Stark, who previously served as the...
SEC Reasseses Court Opinion After Losing in Grayscale Case
Journalist Eleanor Terrett of FOX Business took to Twitter today to unveil a statement from the U.S. Securities and Exchange Commission (SEC) about their next steps in the ongoing Grayscale...
Bitcoin Surges As Grayscale Secures Partial Victory in SEC Lawsuit
Bitcoin, the largest cryptocurrency by market cap, witnessed a substantial spike of 6% on Tuesday, following a court ruling that favored the investment management company Grayscale Investments in a lawsuit...
Ripple Prepares for SEC Appeal, Will XRP Price Be Affected?
Ripple lawyers have revealed they are already preparing to battle the U.S. Securities and Exchange Commission’s (SEC) Interlocutory appeal against Judge Analisa Torres’s ruling that the XRP token isn’t a...
Two SEC Commissioners Push Back Against Impact Theory Lawsuit
Two of the Securities and Exchange Commission’s (SEC) five commissioners have publicly expressed their disagreement with the agency’s first-ever NFT-related enforcement action. Commissioners Hester Peirce and Mark Uyeda have dissented...
SEC Takes Its First Enforcement Action Against NFT Offerings
The U.S. Securities and Exchange Commission on Monday announced its first enforcement action against NFTs after it accused Impact Theory of offering investment contracts to hundreds of investors. The wall...
SEC Hinman Under Fire: Did He Lie Under Oath on Investment Contracts?
In a recent tweet, a well-known pro-crypto lawyer, John Deaton, criticized the U.S. Securities and Exchange Commission (SEC). He argued that the agency has lost its focus on its mission...
SEC Stymies XRP’s Attempt to Build Use Case for on Demand Liquidity
In the ongoing case between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the SEC’s view of Ripple’s XRP is considered negative and reactionary, according to Bill Morgan....
CryptoLaw: Gensler Meets Vanguard Group 7 Times While Ignoring Crypto Reps
Renowned legal agency CryptoLaw has questioned potential conflicts of interest in the U.S. Securities and Exchange Commission (SEC) leadership. In a recent tweet, CryptoLaw unveiled crucial information regarding Gary Gensler’s...
Lawyer Questions SEC Readiness in Ripple Case, Says Trial May Never Happen
The XRP token is on a downward trend, trading at $0.5128 with a 2.42% drop. Rispoli argues that the SEC will need help proving recklessness in institutional sales. Rispoli believes...
