Ripple (XRP) prices tracked a broader recovery in crypto markets, ahead of an update in the Securities and Exchange Commission (SEC) case. The token rose 21% ahead of a response from the organization ...
Tag: SEC
Why is there skepticism regarding conflict of interests in the SEC case against Ripple?
The possibilities arose from newly discovered documents that suggested a possibility of a former SEC official’s conflict of interest In its case against the Ripple network, the United States Securitie...
The BTC Fund of Grayscale Plunges After SEC Meeting
Recently, the digital asset industry is undergoing an alarming spell that has caused global disruption. Investors have lost hundreds and thousands of dollars in a market-wide crash. The plunging price...
GBTC Discount Hits All-Time Low as SEC Mulls Bitcoin ETF
Shares of the Grayscale Bitcoin Trust (GBTC) hit record lows against its net asset value (NAV), trading at a 30.79% discount, data from YCharts shows. GBTC is a private-placement trust that trades lik...
The SEC has already sued Terraform Labs. It has every reason to investigate UST, lawyers say
The Securities and Exchange Commission is likely already investigating what happened to UST over the past week, two former SEC lawyers tell The Block. “The SEC is already on the scene as they are inv...
Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash
Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation soon, accordin...
SEC Commissioner Calls for Accelerated Stablecoin Regulations After the UST Fiasco
Peirce, also affectionately known as ‘Crypto Mom,’ said that there might soon be movement on stablecoin regulations in the U.S. The comments came at an online panel debate hosted by the London-based O...
Grayscale meets the SEC to discuss spot Bitcoin ETF approval
The United States Securities and Exchange Commission (SEC) has held a private meeting with Grayscale regarding the approval of a spot Bitcoin exchange-traded fund (ETF). According to reports, Grayscal...
SEC Chief Reiterates View That Crypto Assets Are Securities
The policymaker has continued to stake a claim for the crypto asset industry for his agency tasked with regulating securities in the United States. According to Gensler, cryptocurrencies should be reg...
Grayscale Meets With SEC To Persuade Approval of First Ever Spot Market Bitcoin (BTC) ETF: Report
Crypto asset manager Grayscale is attempting to convince the U.S. Securities and Exchange Commission (SEC) to approve the first-ever spot market Bitcoin (BTC) exchange-traded fund (ETF). According to ...
Grayscale Met With The SEC, Tried To Convince Them To Turn The GBTC Into An ETF
Will GBTC get to become the first US-based spot bitcoin ETF? It doesn’t look that way. The euphoria from six months ago turned into Grayscale hinting that it might sue the SEC if its request is denied...
SEC Chair Warns Crypto Exchanges Working Against Users’ Interest
The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, reiterates his criticism of the blockchain industry, saying a few crypto exchanges may be working against the users’ in...
SEC v. Ripple: SEC May Abandon William If Confirmed That He Had Conflict of Interest While in Office, Legal Expert Says
– Advertisement – Attorney John Deaton believes the SEC may likely throw Hinman under the bus if it is proven that he had a conflict of interest during his Ethereum free pass speech in 201...
SEC blocks $62 million crypto-mining scam
The US Security Exchange Commission (SEC) has blocked a $62 million crypto-mining and trading scam. Not only that, in an interview, SEC Chairman Gary Gensler criticized cryptocurrency exchanges and st...
Industry experts weigh in on SEC hiring more crypto cops
The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurre...
Grayscale Holds Private Meeting With SEC Discussing Bitcoin Spot ETF Transition
Grayscale – the world’s largest Bitcoin fund – reportedly met with the Securities and Exchange Commission (SEC) in private last week. The company argued that the commission should approve its transiti...
Crypto Exchanges ‘Trading Against Their Customers,’ Says SEC Chair Gensler
Securities and Exchange Commission chair Gary Gensler leveled sharp criticism at cryptocurrency exchanges and stablecoins during an interview on Tuesday. Gensler took issue with the fact that many of ...
SEC Reportedly Investigates Musk For Delay In Disclosing 5% Twitter Stake
Topline The Securities and Exchange Commission has launched a probe into Elon Musk after he delayed reporting his large stake in Twitter, a move that might have saved him millions of dollars, the Wall...
Grayscale Held a Private Meeting with the US SEC, Report Says
Grayscale Investments, the world’s largest digital asset manager, held a meeting last week with the US Securities and Exchange Commission (SEC), according to CNBC. The talks between the parties were t...
SEC Chair Gary Gensler Says Crypto Exchanges Are Betting Against Their Own Clients: Report
U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the way crypto exchanges are structured could work to the disadvantage of users. In a new Bloomberg report, Gensler notes that, un...
Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors
Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world’s largest bitcoin fund, met privately with the Securities...
SEC Chair Warned of Crypto Exchanges Working Against Their Clients’ Best Interests
Gary Gensler – Chairman of the US Securities and Exchange Commission – argued there are cryptocurrency exchanges that bypass rules and bet against their own clients. He reminded that most digital asse...
XRP Trails the Broader Market ahead of Key SEC v Ripple Court Dates
Key Insights: On Monday, XRP tumbled by 13.82% to end the day at $0.4877. The sell-off saw XRP fall to sub-$0.50 for the first time since March 2021. While finding support this morning, key dates in t...
SEC chief accuses crypto exchanges of trading against clients
Despite the fact that the cryptocurrency market is growing at an ever-increasing rate, with new cryptos and exchanges being added every day, authorities in certain countries are stepping up their effo...
James K. Filan Gives Latest Update On XRP Lawsuit: Ripple Defendants, SEC Scheduling Order
According to the latest updates, James K. Filan, defense lawyer, the response of Ripple defendants to a brief asserting of the SEC that the Hinman documents are protected by the attorney-client privil...
The SEC Has Put A Stop To A $62 Million Cryptocurrency Mining And Trading Scheme And The DOJ Has Charged The Founder
The MCC founder also reportedly recruited promoters and affiliates to promote MCC in a pyramid scheme, concealing the location and control of the fraud proceeds through several foreign-based cryptocur...
SEC Fines Tech Giant Nvidia for Alleged ‘Inadequate Disclosures’ on Impact of Crypto Mining on Revenue
The U.S. Securities and Exchange Commission (SEC) is fining tech giant Nvidia for inadequately disclosing how much crypto mining directly impacted the company’s revenue stream. According to a recent s...
James K. Filan Provides Latest Update on Ripple Defendants and SEC Scheduling Order
In fresh updates shared by defense lawyer James K. Filan, the Ripple defendants’ response to the SEC’s brief asserting that the Hinman documents are protected by attorney-client privilege ...
NVIDIA Settles $5.5M with the US SEC
The US Securities and Exchange Commission (SEC) has fined NVIDIA over inadequate disclosures over its role in cryptocurrency mining activities. According to the SEC, NVIDIA failed to properly report t...
Nvidia Agrees to Pay $5.5 Million to SEC Fine for Failure to Crypto Mining Disclosures
Nvidia Corporation, a pioneer provider of graphics processors and related software, has agreed to pay a $5.5 million fine to settle the United States Securities and Exchange Commission (SEC) over alle...
Latest: Two Important Scheduling Updates in the Ripple v. SEC Lawsuit
– Advertisement – Ripple’s response to the SEC’s attorney-client privilege claims over William Hinman’s documents is due May 13, 2022. As the Ripple v. SEC lawsuit drags on for more than a...
SEC Ceased $62 Million Global Cryptocurrency Trading and Mining Scheme
The SEC announced MCC’s (Mining Capital Coin) fraudulent crypto mining and trading activities in the country. The MCC and its founders (Luiz Carlos Cappuci Jr. and Emerson Sounza Pires), and two enti...