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
SEC Ends Probe Into PayPal’s Stablecoin PYUSD
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has ended its investigation into PayPal’s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), without taking enforcement action. According to a regulatory filing submitted by PayPal on April 29, the company was informed…
Coinbase Seeks Ban on Rule Barring SEC Staff from Holding Crypto
Key Takeaways Coinbase is urging a major policy shift that could allow employees of the U.S. Securities and Exchange Commission (SEC) to hold and use crypto. In a pair of open letters shared on X on April 25, Coinbase Chief…
SEC to drop lawsuit against Dragonchain
Key Takeaways The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against blockchain firm Dragonchain two years after accusing it of unregistered offering of crypto asset securities. The SEC and Dragonchain filed a joint stipulation on April 24…
SEC Charges Ramil Palafox in Alleged $200 Million Crypto Ponzi Scheme
Key Takeaways U.S. authorities have filed civil charges against Ramil Palafox, accusing him of masterminding a massive investment scam that promised consistent profits through digital currency and foreign exchange trading. The scheme, which operated under the company PGI Global, is…
The US SEC probes into American CryptoFed
American CryptoFed is prohibited by the US SEC from registering algorithmic stablecoins and stabilising assets
SEC, Binance Request Second 60-Day Pause Amid Ongoing Settlement Talks
Key Takeaways The U.S. Securities and Exchange Commission (SEC) and Binance have jointly requested a second 60-day pause in their legal proceedings, citing continued discussions that could lead to a resolution. The request, filed on April 11 with the U.S.…
Thailand to restrict foreign crypto P2P services
Key Takeaways Thailand has approved amendments to two emergency decrees to address the rising use of digital assets in cybercrime. The Cabinet resolution, passed on April 8, strengthens the country’s legal framework around digital asset businesses and cybercrime prevention. The…
SEC Closes Crypto.com Probe Without Enforcement Action
Key Takeaways Crypto.com announced on Thursday that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the exchange and will not pursue enforcement action. The SEC has not issued a public statement regarding the closure of the…
Grayscale Withdraws its ETH Futures ETF Application to SEC Amid Delays
Key Takeaways Crypto asset manager Grayscale has withdrawn its 19b-4 application for an Ether futures exchange-traded fund (ETF). On May 7, Grayscale filed a notice of withdrawal for the Grayscale Ethereum Futures Trust with the United States Securities and Exchange…
