Bitcoin News The director stated that majority of the 10,000 or 15,000 tokens will fail. This is not the first time Gensler has warned about the failure of cryptocurrency. On Wednesday, SEC Chairman G...
Tag: Chairman
SEC Chairman Warns Most Crypto Will Fail — Says ‘Don’t Get Caught up in FOMO, Fear of Missing Out’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail. He has urged investors not to “get caught up in the FOMO, the fear of mis...
SEC chairman Gensler compares crypto industry to Wild West
While speaking at a Twitter space hosted by US Army on Jan. 11, SEC chairman Gary Gensler reaffirmed his skepticism about crypto when he described the crypto industry as a Wild West. He claimed trader...
Disney opposes Nelson Peltz push to join board, names Mark Parker chairman
The Walt Disney Company on Wednesday afternoon said it opposes activist investor Nelson Peltz’s attempt to join its board. Disney also named Mark Parker, the executive chairman of Nike, its next...
Fed Chairman Speech Draws Muted Crypto Response
Federal Reserve Chairman Jerome Powell stressed the need for the central bank’s independence from political influence in a recent speech. Powell made these remarks during a panel discussion on the sub...
Bithumb’s Former Chairman Found Not Guilty by Seoul Court
When Terraform Labs and its associated tokens collapsed, Bithumb was one of the exchanges that were raided by the authorities in the search for evidence that could help the investigation. Bithumb’s fo...
Former Bithumb Chairman Lee Jung-Hoon Not Guilty: Report
The former chairman of South Korea’s Bithumb exchange, Lee Jung-Hoon, has been found not guilty of fraud by the Seoul Central District Court’s 34th Division of the Criminal Agreement, according ...
TeraWulf Issues an Open Letter from Chairman and CEO
EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more...
Former chairman of S Korean crypto exchange Bithumb not guilty
Lee Jung-Hoon, the former chairman of South Korea’s Bithumb exchange, was declared not guilty of fraud over the failed acquisition of the exchange according to a report by the Korea Economic Dai...
South Korean court finds former Chairman of Bithumb ‘not guilty’ of fraud
Lee Jung-hoon, the former chairman of the crypto exchange Bithumb, was acquitted by a South Korean court on Jan. 3. The 34th Division of the Criminal Agreement of the Seoul Central District ruled that...
SEC Chairman Explains Why Proof of Reserves Has No Value
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), reportedly said that crypto-asset regulations are necessary to overcome FTX like scenarios in the crypto market. He said, “Th...
Ripple CEO Says SEC Chairman Was Caught Flat-Footed When FTX Fraud “Came to Light”
– Advertisement – Brad Garlinghouse slams Gary Gensler over FTX collapse. Ripple’s CEO Brad Garlinghouse has slammed SEC chairman Gary Gensler for not investigating bankrupt cryptocurrenc...
US Senate Banking Chairman Says Banning Cryptocurrencies Is Very Difficult: Report
US Senator Sherrod Brown reportedly says banning cryptocurrencies is “very difficult” after presiding over a hearing on the collapse of FTX. In an interview with NBC’s Meet the Press host Chuck Todd, ...
Incoming House chairman wants regulators to form offices of innovation
The incoming chair of the House Financial Services Committee wants regulators to “to modernize and streamline how innovators interact with regulators,” and grant offices of innovation the ...
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition,...
FCA’s incoming chairman states his deprecatory stance on crypto
Ashley Alder, the newly appointed chair of the Financial Conduct Authority (FCA) of the UK, made an unfavorable remark about cryptocurrencies and the businesses that deal with them. Cryptos as a platf...
Congressman Tom Emmer alleges SEC Chairman Gensler was aware of FTX fraud
U.S. Congressman Tom Emmer has alleged that SEC Chairman Gary Gensler knew that FTX was fraudulent, but still held meetings with the disgraced founder Sam Bankman-Fried. Recent developments saw Dec. 1...
Former SEC Chairman Calls SBF Handling of FTX “Bad Behavior”
– Advertisement – Attorney Jay Clayton believes the FTX founder’s handling of the exchange constitutes bad behavior from a general perspective. Former U.S. SEC Chairman and American attorn...
SEC Chairman Gary Gensler’s Latest Statements On Upcoming FTX Hearings
The US House Financial Services Committee is holding a FTX hearing on December 13. FTX co-founder stated that he would review the downfall of cryptocurrency exchange. Goldman Sachs wants to buy or inv...
The Chairman Of CFTC-Regulated LedgerX As Success Story Amid FTX Collapse
The Joe Biden government is preparing a draft to regulate crypto assets. According to the CFTC chairman LedgerX was the best entity compared to other FTX entities. LedgerX held more cash than other FT...
Federal Reserve chairman announces rate hike moderation
Federal Reserve chairman Jerome Powell said that “it makes sense to moderate the pace of our rate increases” since the economy is approaching “the level of restraint that will be sufficient to bring i...
CFTC Chairman Rostin Behnam to Be Grilled Over FTX Crash (Report)
The US lawmakers will reportedly discuss FTX’s collapse with Rostin Behnam – Chairman of the Commodity Futures Trading Commission (CFTC). The authorities will examine whether the regulator could have ...
Chairman, Vice Chairman At China Manufacturer Investing $916 Million In Ohio Under Police Surveillance
Yunnan Energy New Materials shares have declined nearly 14% at the Shenzhen Stock Exchange this … [+] week. Photographer: Qilai Shen/Bloomberg © 2019 Bloomberg Finance LP The chairman and vice c...
FTX leadership pressed for information by US subcommittee chairman
The former and current CEOs of the bankrupt FTX cryptocurrency exchange have been pressed by the chair of a United States House subcommittee calling for documents relating to the exchange’s finances. ...
US subcommittee chairman requests FTX information.
The head of a House subcommittee in the United States has put pressure on both the previous and present CEOs of the defunct FTX cryptocurrency exchange, demanding that they provide documentation perta...
CFTC Chairman: FTX US Derivatives is healthy because of CFTC’s oversight
While FTX filed for bankruptcy, its Derivatives trading arm is still standing. FTX US Derivatives is regulated by the US CFTC. Benham did not comment on any enforcement plans. CFTC regulatory oversigh...
SEC Chairman Gensler Discusses Crypto Regulation Following FTX Drops
2 hours ago | 2 mins read Editors News A U.S. congressman is looking into whether Gensler helped the FTX CEO . According to Gensler, Platforms for crypto trading and lending should “come in, talk to ...
Former Enron chairman takes over SBF’s bankrupt crypto cartel
Sam Bankman-Fried’s crypto exchanges FTX and FTX.US, trading firm Alameda Research, and over 100 related entities have declared Chapter 11 bankruptcy. Chapter 11 bankruptcy is focused on reorganizatio...
Ripple General Counsel Says SEC Chairman Has Repeatedly Failed to Protect Crypto Investors
– Advertisement – Alderoty lambasts the SEC chairman again. Stuart Alderoty, the General Counsel at Ripple, has once again rebuked SEC Chair Gary Gensler over his recent comments in an int...
Longfor’s Former Chairman Wu Yajun Becomes China’s Richest Woman, But Wealth Is Halved
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Wu Yajun Qilai Shen/Bloomberg This story is part of Forbes’ coverage of China’s Richest 2022. See the full list h...
Former AOL chairman and CEO Steve Case on Elon Musk’s Twitter buy
America Online co-founder Steve Case has seen a fair share of highs and lows in the technology industry and says that while Elon Musk may seem off to a rocky start with his purchase of Twitter, he wil...