SEC wins critical lawsuit against crypto company LBRY
LBRY states the ruling sets an extraordinarily dangerous precedent that makes every crypto in the US security, including Ethereum.
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Latest firstUS SEC issues subpoena to crypto influencers promoting Pulsechain, HEX, PulseX
The influencers in question are asked to produce the required documents by Nov. 15, 2022.
Crypto Exchange Coinbase backs Ripple in SEC lawsuit
Coinbase states it "believes that parties like Ripple must be permitted to pursue fair notice defenses in matters where they are facing surprise enforcement actions like this one."
Bankrupt 3AC faces probe by US SEC, CFTC
SEC and CFTC are probing whether 3AC misled investors about its balances and failed to register with the two regulatory bodies.
Kim Kardashian Pays $1.26 Million To Settle An SEC Crypto Charge
Key Takeaways: Kardashian “agreed to settle the charges, pay $1.26 million in fines, restitution, and interest, and cooperate with the Commission’s ongoing investigation.” Kim also committed to stop promoting any cryptocurrency-related securities for three years. According to the Securities and…
Kraken Doesn’t Plan to Register With U.S. SEC, Says Incoming CEO
Ripley states that Kraken does not intend to delist tokens the SEC has labeled as securities.
SEC Claims Jurisdiction Since ETH Nodes are “Clustered” in the U.S.
Key Takeaways: SEC suggests that since most of ETH’s validating nodes currently operate in the United States more than in any other country, all Ethereum transactions globally should be considered of American origin. SEC made claims in the lawsuit against…
SEC Sues two Crypto Firms for Misleading Investors
SEC alleges that the defendants raised $4.3 million by offering and selling securities to four investors using “false and misleading statements.”
Thai SEC Prohibits Crypto Firms From Providing Staking and Lending Services
Key Takeaways: The Thai Securities and Exchange Commission has placed a restriction on crypto staking or lending services. Previously, the Southeast Asian exchange Zipmex encountered difficulties as a result of its loan to Babel. The Securities and Exchange Commission’s (SEC)…
SEC Delays VanEck’s Spot Bitcoin ETF Application Decision by 45 Days
Key Takeaways SEC will delay its decision on a proposed rule change to list VanEck’s spot Bitcoin ETF till October 11, 2022. SEC rejected VanEck’s proposal for a spot Bitcoin ETF, citing investor protection. Leading Global investment manager VanEck is…