The Securities and Exchange Commission will vote on new rules and changes to bolster requirements for cybersecurity, privacy and tech infrastructure that officials said could encompass cryptocurrencie...
Tag: SEC
Former SEC Advisory Committee Member Says Agency Underestimated Ripple
The SEC case against Ripple over whether XRP is an unregistered security awaits a summary judgment ruling, which Deaton has asserted would come soon. J.W. Verret, an associate law professor at George ...
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regu...
Ripple Vs SEC Lawsuit May Reach The Supreme Court Before Congress Takes Action
The Ripple case, which has been in the district court for some time, may reach the U.S. Supreme Court before Congress creates a regulatory framework for the crypto industry, according to famous crypto...
Here’s What John Deaton Believes Will Happen If SEC Wins
Godfrey Benjamin More crackdowns can be expected if US SEC beats Ripple in its ongoing lawsuit Despite his strong belief that blockchain payments firm Ripple Labs Inc will come out victorious in its l...
SEC, DOJ Investigating Insider Stock Sales at Silicon Valley Bank: WSJ
The U.S. Justice Department and the U.S. Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, according to a report today from The Wall Street Journal. The investi...
SEC, DOJ investigating Silicon Valley Bank: WSJ
Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank (SVB), according to a report from the Wall Street Journal on March 14. SEC, DOJ reportedly investigating SVB S...
Coinbase files brief in SEC Wahi case, says it doesn’t sell securities, but would like to
Cryptocurrency exchange Coinbase filed an amicus brief in support of a motion to dismiss the case brought by the United States Securities and Exchange Commission (SEC) against former Coinbase product ...
SEC And DOJ Will Investigate Silicon Valley Bank’s Collapse, Report Says
Topline The Department of Justice and Securities and Exchange Commission will reportedly investigate the sudden failure of Silicon Valley Bank, which collapsed in dramatic fashion last week, the Wall ...
Crypto Company Paxos and the SEC Are Set to Duke It Out in Court
Crypto firm Paxos has said it’s expecting to face charges from the Securities and Exchange Commission (SEC) over its issuance of BUSD, the Binance-centered stable coin. It is believed by the financial...
SEC and Justice Department: Silicon Valley Bank investigation
People queue up outside the headquarters of Silicon Valley Bank to withdraw their funds on March 13, 2023 in Santa Clara, California. Liu Guanguan | China News Service | Getty Images The Securities a...
SEC and DOJ Launch Probes Against Silicon Valley Bank: Report
Both the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) are reportedly investigating the now-collapsed Silicon Valley Bank (SVB) after depositors to the bank were bailed out ...
Silicon Valley Bank Now Under Investigation By U.S. SEC & DOJ
According to reports, the Justice Department and the Securities and Exchange Commission of the United States are conducting an investigation into the failure of Silicon Valley Bank. The investigation ...
Coinbase Confronts SEC Over Enforcement by Regulation Approach
6 seconds ago | 2 mins read Exchange News As Paul Grewal points out, the current laws don’t apply to digital assets. Coinbase petitioned the SEC to adopt rules on digital asset securities last year. S...
Coinbase CLO Shares It Has Filed Amicus Brief in SEC vs. Wahi Case
Coinbase denies allegations of unlawfully listing securities on its platform. SEC’s pursuit of the case has created uncertainty for Coinbase and others. Coinbase CLO shared that the platform has filed...
Credit Suisse publishes delayed 2022 report after SEC talks end
Credit Suisse Group AG on Tuesday published its annual report for last year, and confirmed previous years’ financial results, after a delay amid discussions requested by the U.S. Securities and Exchan...
Coinbase Challenges US SEC “Regulation By Enforcement” As Crypto Recovers
Coinbase has filed an amicus brief in the SEC v. Wahi insider trading case asking the court to dismiss the lawsuit as the U.S. Securities and Exchange Commission needs to prioritize working on proper ...
Deaton Prepares to Fight for SEC vs. Ripple Case’s Clarity From Courts
John E Deaton tweeted that the court would bring the SEC-Ripple case clarity. Deaton added that he is prepared to fight for the lawsuit’s clarity in court. The lawyer’s tweet was in response to Terret...
Is the SEC Overreaching in Crypto Enforcement? Coinbase Weighs in With Amicus Brief in Insider Trading Case
Coinbase, a leading digital currency exchange, has filed an amicus brief in the insider trading case against its former employee, Ishan Wahi, and his brother. While Wahi has admitted to insider tradin...
SEC Goes Full Focus on Manipulation & Find Ways to Tame it Down
The SEC focuses on going after individuals to alter company practices. SEC fined Gentex Corp. $4 million for alleged earnings-management strategies Roadrunner paid $20 million in 2019 to settle a clas...
Is the SEC Trying to Kill Crypto for Good?
Is an all-out crypto war coming? That’s the sentiment of many analysts now that the Securities and Exchange Commission (SEC) has sworn to sue Paxos, the issuer of stable coin BUSD. The agency says tha...
Treasury Sec Janet Yellen Says No Government Bailout for Silicon Valley Bank
While many are concerned about what the aftermath of the collapse of Silicon Valley Bank will be in the next couple of weeks and months, Treasury Sec Janet Yellen seems unfazed. United States Treasury...
Grayscale has a 70% chance of winning the case against SEC: Analyst
Bloomberg analyst Elliot Stein gave his insights on Grayscale’s lawsuit against the SEC. The analyst believes that a ruling in the case is likely in the first half of 2023. Elliot Stein, a senior liti...
Ripple v. SEC court case update as of March 13, 2023
The cryptocurrency community is looking forward to the summary judgment in the legal case between Ripple and the Securities Exchange Commission (SEC), with the verdict speculated to come in by the end...
Binance US, Alameda, Voyager Digital and SEC — the ongoing court saga
Over the last year, a series of court cases have struck the crypto industry. Bankruptcy, liquidity issues and fraud have caused the industry to fall under the microscope of regulators around the world...
Judges Will Likely Rule in Favor of Grayscale in Bitcoin Spot ETF Battle With SEC, Says Bloomberg Expert – Here’s Why
A senior litigation analyst at Bloomberg Intelligence believes that the odds are now in favor of Grayscale in its legal battle with the U.S. Securities and Exchange Commission (SEC). Last year, Graysc...
SEC Files Complaint Against BKCoin And Co-Founder For Alleged $100 Million Scam
Many crypto investors have lost their funds in scams such as BKCoin. For instance, Bitcoinist reported that the DeFi sector recorded a whopping $678 million to hackers in the second quarter of 2022, c...
Ex-Lawyer Predicts 5 Outcomes in Ripple vs. SEC Lawsuit
In the latest development series, a former lawyer shared a tweet noting the 5 outcomes in the Ripple vs. SEC case. The Ripple vs. SEC lawsuit is almost 2 years old and has not yet reached any conclus...
Coinbase Updates Staking Conditions Amid SEC Clampdown
6 seconds ago | 2 mins read Exchange News There would be a “transparent Coinbase fee” as per the exchange. The U.S. SEC earlier penalized Kraken for its staking program. A month after U.S. authorities...
Two U.S. SEC Commissioners Blast Their Own Agency for Rejecting VanEck Bitcoin Exchange-Traded Fund Application
Two commissioners at the U.S. Securities and Exchange Commission (SEC) are putting their own agency on blast after the regulator batted down another Bitcoin (BTC) exchange-traded fund (ETF) applicatio...
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied a proposal by investment manager VanEck for the creation of a spot Bitcoin trust, a financial product that would allow investors to trad...
SEC rejects VanEck’s spot BTC ETF application, yet again
The U.S. SEC on 10 March rejected the investment manager VanEck’s application to create a spot Bitcoin exchange-traded product (ETP). The SEC alleges that no exchange has so far demonstrated its fund’...