Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and m...
Tag: SEC
Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report
New York-based crypto company Paxos Trust Company is in “constructive talks” with the U.S. Securities and Exchange Commission (SEC) following enforcement actions surrounding stablecoin Binance USD (BU...
Grayscale Strongly Claims To Win Against US SEC
Grayscale’s lawsuit against the U.S. Securities and Exchange Commission (SEC) for the denial of GBTC conversion to spot Bitcoin ETF picks pace as things have started to look in favor of Grayscale. Cry...
SEC Lost 4 Out of 5 Cases Thanks to Courage of a few: Stuart Alderoty
Ripple’s General Counsel Stuart Alderoty states that the SEC lost 4 out of 5 of its current crypto cases thanks to the courage of a few. Defense lawyer James K. Filan and Crypto Law founder John E Dea...
Mormon Church Will Pay Millions In SEC Settlement Over Investment Portfolio Allegedly Saving For ‘Second Coming Of Christ’
Topline The federal Securities and Exchange Commission charged the Church of Jesus Christ of Latter Day Saints on Tuesday for violating federal tax laws, after a whistleblower revealed the church had ...
Paxos in ‘constructive discussions with the SEC,’ ends relationship with Binance
Stablecoin issuer Paxos told employees it’s in “constructive discussions” with the U.S. Securities and Exchange Commission (SEC) after getting a Wells notice about the Binance USD st...
Paxos in Talks With SEC Over Binance Stablecoin: Report
Major blockchain infrastructure platform Paxos Trust Company is holding discussions with the US Securities and Exchange Commission (SEC) concerning Binance stablecoin BUSD, according to a report by Re...
The SEC’s Stablecoin Crackdown Could Reshape The Entire Crypto Market
(Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Key takeaways The SEC has ordered Paxos to stop trading its stablecoin, BUSD and may issue charges against the blockchain ...
Paxos Discusses BUSD Stablecoin With SEC Following Wells
According to recent reports, the stablecoin issuer Paxos was reportedly engaging in conversations with the United States Securities and Exchange Commission (SEC) on the Binance USD (BUSD) stablecoin a...
Will Ripple Vs. SEC Go To Supreme Court? It May Be Favorable
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to await a ruling from Judge Analisa Torres of the United States Southern District Court of New ...
Can Ripple Win Against SEC in Supreme Court? Deaton Weighs In
It comes as Alderoty hints at the blockchain payments company’s readiness to fight the case to the apex court. Attorney John E. Deaton has expressed confidence that Ripple can win against the United S...
Deaton Explains Why “SEC May Have Snatched Defeat From Jaws of Victory”
The attorney believes that the SEC failed to carry out a specific Howey analysis, focusing too much on the token instead of the circumstances surrounding the sale. Attorney John E. Deaton, as previous...
‘Regulators let the bad guys get big’ — former Kraken CEO speaks out after SEC settlement
Jesse Powell, CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda. In a Feb. 19 Twitter thread, Powell speculated that ...
Ripple Vs SEC: XRP Lawyer Explains How SEC May Have Snatched Defeat From the Jaws of Victory
Attorney John E. Deaton affirms his belief that the SEC is not working in accordance with the law but rather with the goal of increasing its control over the growing market. He explained in detail abo...
Judge Says SEC Lawyers Care Only About Victory, Not Allegiance to Law
Yuri Molchan Judge Netburn bashed SEC lawyers for their conduct in court, according to John Deaton Contents Judge Netburn slams SEC lawyers Here’s what makes Hinman’s speech valuable Found...
Does SEC Crypto Staking Crackdown Will Impact DeFi?
This year Decentralized Finance (DeFi) market set off to a solid start. Earlier week crypto market bullish outburst helped DeFi to regain its $50 billion total value locked (TVL) on Thursday. Meanwhil...
Deaton Reiterates Judge Sarah Netburn’s Criticism of SEC in Ripple Case
The attorney reiterates his belief that the SEC is acting in allegiance to its goals of expanding its control over the emerging market and not in loyalty to the law. Attorney John E. Deaton recently r...
This Week on Crypto Twitter: SEC Crypto Crackdown Met with Colossal Criticism
Illustration by Mitchell Preffer for Decrypt Most leading coins grew in value this week, largely offsetting the losses inflicted last week—the first red week of 2023. Meanwhile, regulators in Europe ...
SEC Alleges Do Kwon Relocated 10,000 Bitcoin (BTC) As Terra (LUNA) Ecosystem Imploded Last Year
The U.S. Securities and Exchange Commission (SEC) has alleged that Terra founder Do Kwon transferred 10,000 Bitcoin (BTC), currently worth about a quarter of a billion dollars, as the LUNA ecosystem w...
XRP On Thin Ice: SEC Case Heats Up, Sends Shockwaves Through The Market
The XRP market is on a downward spiral as factors like crucial network fundamentals, global crypto macroeconomics, and price action deters bulls from going parabolic. After rallying from $0.33 to arou...
The Block: SEC planting its regulatory flag as Congress still to pick a regulator: SEC’s Peirce
Policy • February 20, 2023, 5:00AM EST The Securities and Exchange Commission is attempting to “plant its regulatory flag,” while Congress is still mulling which agency will be police crypto, sa...
Ripple v. SEC court case update as of February 20, 2023
More twists and turns are being recorded in the high-profile case between Ripple and the Securities Exchange Commission (SEC), with the regulator increasingly being faulted for its stand in the matter...
Gemini, crypto-exchange accused by SEC
The crypto-exchange of the Winklevoss twins, Gemini, has been accused by the SEC for offering “unregistered securities.” Gary Gensler, the chairman of the SEC, stepped up the scrutiny against what he ...
Ripple Vs SEC : Judge Calls SEC Lawyers Self-Serving in Case Against Ripple
A federal court has chastised the SEC’s attorneys’ behavior in the case, labeling them self-serving, in a shocking move in the continuing legal conflict between Ripple Labs and the US Securities and E...
SEC Files Lawsuit Against Do Kwon And Terraform Labs
More than nine months after the fall of Terra sent a downturn to the entire market, legal action being taken by the US SEC. The United States Securities and Exchange Commission (SEC) announced on Thur...
Crypto Lawyer Responds to Criticism of Ripple’s Lawsuit Against SEC
An XRP enthusiast named Bill Morgan shared a screenshot from Ripple’s Q4 2022 report indicating that the company sold XRP only in connection with ODL transactions. The SEC has decided not to enjoin th...
Vulcan Blockchain Rolls Out New Auto-rebasing Feature to Solve SEC Issues
Advertisement     With concern about addressing the SEC’s proposal to ban cryptocurrency staking, Vulcan Blockchain readies for the debut of its innovative auto-rebasi...
Paxos Says It’s Prepared to Challenge the SEC Over BUSD Security Claims ⋆ ZyCrypto
Advertisement     Paxos, a leading regulated blockchain and tokenization infrastructure platform, has responded to the U.S. Securities and Exchange Commission over its...
More Strict Rules of SEC Under Crypto Custody Crackdown
The SEC has escalated its campaign to reign in. The regulator once again pushed its efforts to make more strict rules for crypto companies. It seems the Securities and Exchange Commision (SEC) is gett...
Aave’s Proposal to Freeze BUSD Poised to Pass
Following Paxos’s run-in with the SEC over its BUSD stablecoin, decentralized protocol Aave is poised to pass a proposal to freeze BUSD on its platform. The proposal suggests Aave switch to a differen...