SEC
US SEC Charges Caroline Ellison & FTX CTO for Multiyear Fraud
The US Securities and Exchange Commission (SEC) has officially charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao Wang, FTX’s former Chief Technology Officer, for their roles in...
US Congressman Backs Crypto Industry And Blames FTX Issue on SEC
Tom Emmer, a US congressman, is backing the crypto industry, arguing that the collapse of the FTX exchange was not the failure of crypto by itself but a fault of...
US Democrats Decide to Pay Back SBF’s $1 Million Political Fund
Subsequent to the arrest of Sam Bankman-Fried, the former CEO of the recently collapsed crypto exchange FTX, the three top US Democrats, namely, the Democratic National Committee (DNC), the Democratic...
SEC Charges Eight Social Media Influencers With Stock Scam
The Securities and Exchange Commission (SEC) and Department of Justice (DOJ) charged eight celebrities on Twitter and Discord in an alleged $100 million stock manipulation scheme, also known as “pump...
Authorities Accuse SBF of Diverting FTX Funds to Political Campaigns
Federal officials accuse Sam Bankman-Fried, the founder of FTX, of committing unlawful political contributions totaling tens of millions of dollars to both Republican and Democratic leaders. According to the prosecution,...
SEC Officially Indicts Bankman-Fried of $1.8 Billion Crypto Heist
The Securities and Exchange Commission (SEC) of the United States has officially accused Sam Bankman-Fried (SBF), the former CEO of FTX, of defrauding 90 US-based investors of over $1.8 billion...
Thailand SEC To Unveil Stricter Rules for Crypto Asset Managers
According to a local media report, Thailand’s Securities and Exchange Commission (SEC) is designing a new process to improve digital asset governance, including more stringent regulations to increase investor protection....
Cardano Founder Claims Settlement Date For Ripple Vs SEC Case
During an ongoing Ask Me Anything video streaming live on YouTube on December 12, the Cardano founder, Charles Hoskinson made a fierce claim about the 2-year-long lawsuit between cryptocurrency payment...
LBRY Objects SEC’s Motion to Extend Time to Respond to Remedies
According to a recent tweet by Defense Lawyer James Filan, the Securities and Exchange Commission (SEC) has filed a motion in court to extend the time to respond to LBRY’s...
Charles Hoskinson Mentions the SEC-Ripple Case in his New Video
Charles Hoskinson, the American entrepreneur and the co-founder of the blockchain company Input Output Global and Cardano, released his new Surprise AMA video on his YouTube channel. While answering many...
Another Nail in the Coffin for SEC After IG Leaves Gary’s Office
The SEC’s Inspector General Nicholas Padilla resign after criticizing Chairman Gary Gensler’s authority. Acting IG Padilla raised concerns with Gensler since September. October report reflected that SEC managers were not...
SEC Posts Sample Letter Regarding Crypto Asset Markets to Companies
The SEC issued a guideline mandating companies to disclose to investors their exposure to potential risk. The advice was released approximately a month after FTX declared bankruptcy. The exchange’s failure...
LBRY Files Motion To Limit the Remedies the SEC Can Seek
LBRY has filed a Motion to Limit the Remedies the SEC can seek against the company. The payment company failed to register its offer and sale of digital tokens in...
Ripple Among Top Ten Leading Unicorns In United States
Crypto exchange Ripple ranks tenth among leading unicorns in the US. Ripple demonstrates a market valuation of $15 billion. The firm submitted its final motion against the US SEC on...
Crypto Analyst Claims SEC Has Sent Letter And Will Respond Soon
Crypto tweeted that he had received a letter from the SEC. Bitboy also pinpoints that Sam Bankman-Fried aka SBF had also met with Gary. Some users believe that the letter...
Ex-SEC Official Calls Tether USDT A Ponzi House of Cards Scheme
John Stark believes USDT issuer is a Ponzi scheme. WSJ’s reporter claimed Tether doesn’t publish audited financial statements. Tether’s financial statement shows a $2 billion increase in USDT loan issuance....
The Multi-year XRP vs SEC Battle is Ending after a 65-page Filing
Ripple filed a redacted reply to the SEC’s opposition for summary judgment. It is the final submission before the ultimate pronouncement from the court. In 2020, SEC claimed Ripple raised...
LBRY Loses SEC Case, Calls Ruling a ‘Threat to the Cryptoverse’
SEC wins ruling in court against LBRY’s unregistered securities. The court also dismissed the fair notice claim made by LBRY. Jeremy Kauffman said SEC vs LBRY case “threatens the entire...
Optimism From the SEC vs. Ripple Case Helps XRP Climb up $0.40
XRP returned to $0.42 for the first time since November 8. The latest COVID measures in China negatively impacted the XRP price chart. Investors’ confidence in SEC v. Ripple case...
‘SEC’s Lawsuit Is Not Limited to Ripple Sales,’ Says John Deaton
John Deaton says the XRP has been one of the top ten cryptos for a decade. Deaton further added that the SEC lawsuit is just not limited to the sales...
American CryptoFed’s S1 Registration Fails; Token Sale at Risk
SEC initiated proceedings to suspend the registration of American CryptoFed. The proceedings resulted from American CryptoFed’s failure to provide sufficient details in the Form S1 registration statement. As a result,...
SEC vs. XRP: William Cunningham To File Briefs in Public Interest
William Michael Cunningham seeks permission to file amicus briefs. The Creative Investment Research CEO aims to file a brief in support of public interest. Cunningham has agreed to have no...
Gensler Punished Companies That Wanted to Work With SEC: Deaton
John Deaton predicted that the SEC would sue a few exchanges by the end of the year. The SEC rather chose to punish companies that “begged” to work with the...
Jake Chervinsky Raise Questions Against the SEC’s Incapabilities
Blockchain Association’s Head of Policy, Jake Chervinsky demands to see complaints lodged against FTX. Jake Chervinsky questions the “endless harassment and enforcement on US firms acting in good faith.” The...
SEC Chair Gary Gensler Says the SEC Received $4B in Civil Penalties
SEC chair Gary Gensler reported that the agency filed more than 700 actions. The regulator obtained judgments and orders summing to over $6.4 billion. Gensler remarked that they will pursue...
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