Tron’s Justin Sun charged by SEC over Market Manipulation Charges
Justin Sun, the creator of Tron, has been accused of fraud and selling unregistered securities, according to the Securities and Exchange Commission.
Tag sec
Kraken Seeks Dismissal of SEC Lawsuit, Cites Concerns Over Regulatory Overreach
Kraken has requested to dismiss a lawsuit from the US SEC from November, claiming that the case establishes a "dangerous precedent" for the agency's authority.
Lejilex and CFAT Challenges SEC’s Crypto Authority in Legal Dispute
Lejilex and the CFAT have filed a lawsuit against the SEC, requesting that the court make a ruling regarding the legality of digital assets on the secondary market.
The US SEC probes into American CryptoFed
American CryptoFed is prohibited by the US SEC from registering algorithmic stablecoins and stabilising assets
Bakkt Receives Green Light for $150M Securities Sale
The cryptocurrency startup Bakkt claims that regulators have given it permission to sell up to $150 million worth of securities.
SafeMoon CEO Out on Bail Amid Legal Team Withdrawal Concerns
Key Takeaways SafeMoon CEO Braden John Karony has been released on bail after being arrested on charges of securities fraud, money laundering, and conspiracy to commit wire fraud. However, his legal team has decided to withdraw from representing him due…
Philippines To Launch Wholesale CBDC Within Two Years
Key Takeaways The Philippines is gearing up to introduce a central bank digital currency (CBDC) within the next two years, following the lead of other global regulators who have embraced digital tokens as an alternative to volatile cryptocurrencies. According to…
Crypto Exchange Bakkt Might Run Out of Cash Soon
Key Takeaways Bakkt, a publicly-traded crypto company is facing financial challenges that cast doubt on its ability to sustain operations for the next 12 months. The company’s precarious financial situation was disclosed in a filing with the U.S. Securities and…
TradeStation Crypto Resolves SEC Charges on Asset Lending Allegations
Due to TradeStation Crypto's failure to register an interest-bearing lending product, the trading platform reached a settlement with the US SEC and a task force of state regulators.
SEC Moves to Dismiss Lawsuit Against DEBT Box After Acknowledging Mistake
Key Takeaways In a recent development, the Securities and Exchange Commission (SEC) has expressed its intention to dismiss the lawsuit against crypto startup DEBT Box. The decision comes after the SEC admitted to making inaccurate statements during court proceedings. The…
