Genesis Settles SEC Case with $21M Penalty
Genesis Global Capital has entered a final court judgment to settle accusations about the Gemini Earn financing program, including paying a $21M civil penalty.
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Latest firstFidelity Updates Ethereum ETF Proposal to Include Staking
Financial services behemoth Fidelity requests permission to stake a portion of the Ether owned by its proposed spot Ether ETF to give investors extra money.
SEC Sanctioned for Misconduct in Lawsuit Against Crypto Firm Debt Box
Key Takeaways A United States district court has imposed sanctions on the Securities and Exchange Commission (SEC) for acting in “bad faith” in a lawsuit it brought against Debt Box, a Utah-based crypto company. In an order issued on Monday,…
CoinCodeCap WeekInFocus: March 17, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Nigeria’s SEC Aims to Increase Crypto Exchange Registration Capital Requirement
Key Takeaways Nigeria’s Securities and Exchange Commission (SEC) is proposing significant amendments to crypto regulations, aiming to raise registration fees for crypto exchanges substantially. The proposed increase would see the registration fee spike from 30 million naira ($18,620) to 150…
US SEC Cracks Down on CryptoFX for Running $300M Ponzi Scheme
Under cover of the cryptocurrency trading platform CryptoFX, the US SEC has charged 17 persons with organizing a $300 million Ponzi scam.
SEC Charges 17 Individuals in $300M CryptoFX Ponzi Scheme
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has taken legal action against 17 individuals allegedly involved in a $300 million Ponzi scheme. This scheme targeted primarily Latino investors across the U.S. and two other countries. Operating out of…
Thailand SEC Allows Accredited Investors Access to US Spot Bitcoin ETFs
Thailand's SEC has apparently modified regulations governing the establishment of private funds that invest in spot Bitcoin ETFs sold on American markets.
SEC Extends Decision Timeline for Spot Bitcoin ETF Options Trading
Key Takeaways The US Securities and Exchange Commission (SEC) has extended the timeline for its decision on approving the trading of options on exchange-traded funds (ETFs) directly investing in Bitcoin. This extension comes as the regulatory body deferred a filing…
Coinbase Asks Court to Reject Use of Default Judgment Ruling in SEC Lawsuit
Key Takeaways Coinbase’s legal battle with the U.S. Securities and Exchange Commission (SEC) has taken another turn as the cryptocurrency exchange challenges a previous judgment that classified secondary sales of crypto assets as “securities transactions.” Lawyers representing Coinbase have urged…