U.S. SEC targets Do Kwon and Paxos as regulators press on, bitcoin leads recovery

Last week was marked with considerable activity in the crypto scene, characterized by a cluster of significant events, including the sustenance of regulatory crackdowns and market recovery. The U.S. S...

SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review – The Weekly Bitcoin News

There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, ...

What to watch out for this week in crypto stories

After a week of non-stop crypto regulatory drama, the coming days may hopefully offer some respite. Here are some items to watch out for: Earnings It will be a busy week for full-year earn...

SEC sues Do Kwon, Paxos ready to litigate, SBF’s VPN: Hodler’s…

Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and Exchange Commission (SEC) has defined the stablecoin Binance USD (BUSD) as a...

SEC Doesn’t Regulate Crypto Directly, but Indirectly; Says Levine

Matt Levine published an article regarding the SEC’s crypto regulatory policies. He talked about the creativity of the SEC, in indirectly regulating the crypto sector. The categorization of tokens and...

The US SEC Seeks to Expand Categorization of Securities: Experts

The US SEC is pursuing theories that would expand the definition of what constitutes a security. The SEC alleges wrapped tokens to be securities because they are a “receipt for security”. The Regulato...

US SEC Dodging Crypto Laws; Congress To Step In?

Crypto News: The Global digital asset industry is trading under increased volatility amid the lack of regulatory clarity. While major Financial watchdogs are trying to form sets of rules to guide the ...

NBA Star Paul Pierce Hit With $1.4 Million SEC Fine For Shilling Ethereum Max

The U.S. Securities and Exchange Commission has come down on former NBA star Paul Pierce for unlawfully shilling a little-known cryptocurrency. Ex-Boston Celtics star Paul Pierce agreed to pay over $1...

Do Kwon removed 10K Bitcoin from Terra after collapse — Takeaways from SEC complaint

A complaint filed by the United States Securities and Exchange Commission said Terra co-founder Do Kwon and Terraform Labs laundered more than $100 million worth of Bitcoin from the platform following...

US SEC proposed rules recognize Gemini crypto custody platform

Tyler Winklevoss, the co-founder of Gemini, a cryptocurrency exchange, in a tweet, claims that their crypto custody service is recognized by the United States Securities and Exchange Commission (SEC)....

Traders Flinch as SEC Goes After Do Kwon, With AI Cryptos Hit Hard

Artificial intelligence-related tokens took a beating Thursday as markets stooped amid revelations the SEC had charged Terraform Labs’ CEO and fugitive, Do Kwon, with fraud. Top AI tokens, including S...

Paul Pierce settles with SEC for $1.4 million

A former NBA player named Paul Pierce has reached a settlement with the United States Securities and Exchange Commission in the amount of $1.4 million on allegations that he promoted a cryptocurrency ...

Just in Time: SEC Charges Do Kwon, Terraform Labs With Fraud

Almost a year after the algorithmic stablecoin Terra USD lost its peg, and following tens of billions of dollars of investor money evaporating into thin air, the SEC charged Terraform Labs and CEO Do ...

SEC Sues Terraform Labs and Founder Do Kwon For Securities Fraud

The U.S. Securities and Exchange Commission on Thursday charged Singapore-based Terraform Labs and founder and CEO Do Hyeong Kwon—better known as Do Kwon—with securities fraud involving its algorithmi...

SEC Puts Crypto-Friendly Celebrities on Notice, Fines NBA Legend Paul Pierce $1,400,000 for Plugging EthereumMax

The U.S. Securities and Exchange Commission (SEC) has its radar locked on celebrities endorsing crypto projects. The regulator announced on Friday that it brought charges against retired NBA legend Pa...

SEC chair issues warning to celebrities promoting crypto amid latest enforcement action

The United States Securities and Exchange Commission has announced a $1.4-million settlement with former NBA player Paul Pierce for allegedly promoting a token project on social media. In a Feb. 17 an...

Crypto Assets High On The Examination Radar For The SEC In 2023 ⋆ ZyCrypto

Advertisement &nbsp &nbsp On February 7, 2023, the Examination Division of the US Securities and Exchange Commission (SEC) released its list of examination priorities for 2023...

U.S. SEC Officially Charges Disgraced Terra (LUNA) Founder Do Kwon With ‘Defrauding Investors in Crypto Schemes’

The U.S. Securities and Exchange Commission (SEC) is charging the founder of embattled stablecoin issuer Terra (LUNA) with defrauding investors in “crypto schemes.” In a new press release, the SEC is ...

Deaton Says This Is the Only Victory the SEC Can Get in the Ripple Case

The attorney does not believe Ripple will be asked to pay disgorgement.  Attorney John E. Deaton has asserted that the only victory the United States Securities and Exchange Commission will likely get...

SEC charges $1.4 million to Paul Pierce for making false statements about EMAX Tokens!

Crypto Market News Today Live Updates and Latest News: (18 February 2023): Paul Pierce, a former NBA player and star for the Boston Celtics, has agreed to pay $1.4 million to resolve claims that he pr...

SEC charges former NBA player Paul Pierce for crypto promotion

The Securities and Exchange Commission (SEC) charged former NBA player Paul Pierce on Feb. 17, 2023, for promoting and making false statements about EMAX tokens. Paul Pierce made and promoted false, m...

The SEC has not ‘Circled’ Around USDC Issuer With Wells Notice 

The stablecoin issuer was said to be likely to face regulatory actions Company officials denied any such possibility  The rumors and speculations are fatal in themselves but could be disastrous if pla...

Former NBA Star Settles With SEC Over EthereumMax (EMAX) Promotion

Paul Pierce has agreed to pay $1.4M to settle with the SEC. NBA Hall of Famer Paul Pierce has agreed to settle with the United States Securities and Exchange Commission (SEC) for $1.4 million for “tou...

Terra and Founder Do Kwon Face Charges From SEC, Delayed Action Sparks Controversy

The United States Securities and Exchange Commission’s recent filing of charges against Terra and its founder, Do Kwon, has surprised many in the cryptocurrency world due to its delayed timing. The SE...

Here’s How SEC Unfolded The Terra Scam!

Terraform Labs, the company behind the Terra blockchain, and its co-founder, Do Kwon, are being sued by the Securities and Exchange Commission (SEC) for allegedly defrauding investors. The complaint a...

SEC Charges NBA Hall of Famer Paul Pierce for Promoting Ethereum Max

On February 17, the Securities and Exchange Commission (SEC) charged NBA Hall of Famer Paul Pierce with illegally promoting the EMAX token on his social media accounts. The EMAX token was offered and ...

SEC panel votes in favor of proposal that may make it more difficult

By a vote of 4-1, a panel of the United States Securities and Exchange Commission (SEC) decided to approve a proposal that, if implemented, would make it more difficult for companies that deal in cryp...

SEC Approves This U.S. Exchange’s Custody Service While Coinbase’s Remain Uncertain

On Wednesday, the Securities and Exchange Commission (SEC) voted 4-1 to propose sweeping changes to federal regulations. These changes would expand custody rules to include assets such as cryptocurren...

Former NBA Star Paul Pierce Charged With $1.4M Fine by SEC Over Promotions

3 hours ago | 2 mins read Bitcoin News The charges against him center on his promotion of EthereumMax (EMAX) coins. After obtaining $244,000 worth of EMAX tokens, Paul Pierce advertised them on Twitte...

US SEC seeks to expand the scope of custody rules in the crypto sector

Join Our Telegram channel to stay up to date on breaking news coverage The US SEC recently saw a five-member panel vote on a new proposal that is supposed to build upon the 2009 Custody Rules and, ess...

US SEC Charges NBA Star Paul Pierce With Crypto Violation

Paul Pierce SEC Settlement: The US Securities and Exchange Commission (SEC) on Friday announced charges against former NBA player Paul Pierce for crypto violations. He was charged for endorsing Ethere...

Blur airdrop and more SEC action

Policy • February 18, 2023, 5:07AM EST This week saw another significant piece of enforcement action by U.S. regulators as the Securities and Exchange Commission went after Paxos for issuing BUSD stab...