The relation between the US Securities and Exchange Commission (SEC) and the cryptocurrency industry has always been on a bumpy road. This is because the SEC has always bought one-at-a-time enforcemen...
Tag: SEC
U.S. SEC Probes Kraken Over Sale of Unregistered Securities: Report
The United States Securities and Exchange Commission (SEC) is probing major American crypto exchange Kraken over its unregistered securities offerings to U.S. investors. The investigation has gotten t...
FOX Journalist Says SEC To Announce Something Big Tomorrow, Will It Be Ripple Settlement?
Notably, the regulator has a closed meeting scheduled for 2 pm ET (7 pm UTC). According to FOX Business journalist Eleanor Terrett, the United States Securities and Exchange Commission will make a pot...
Ex-Coinbase Employee Moves To Dismiss Insider Trading Case
Former Coinbase product manager Ishan Wahi and his brother are looking to get the insider trading charges leveled against them dropped, as their lawyers argue they did not have the “culpable state of ...
SEC Commissioner Says Her Colleagues Performed a “Shorthand Analysis” of XRP
Hester Peirce admitted that her colleagues focused on XRP instead of the conditions surrounding the token’s sales. In a recent tweet, XRP-Pro attorney John Deaton knocked the SEC for arguing that XRP ...
Coinbase CEO Concerned About SEC Ambitions to Crackdown on Crypto Staking
On Feb. 9, Brian Armstrong cautioned that they were hearing rumors that the SEC would like to “get rid of crypto staking in the U.S. for retail customers.” He said he hopes that is not the case as “I ...
SEC targets registered crypto advisors as top priority for 2023
Ad The U.S. Securities and Exchange Commission (SEC) released its top priorities for 2023 on Feb. 7, in which it highlighted the need for greater attention to those advising investors to participate i...
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
A former product manager at the cryptocurrency exchange Coinbase has made a formal request to have the allegations of suspected illegal insider trading dropped against them. Since the tokens that are ...
SEC to up scrutiny of firms offering or giving advice about crypto
Crypto brokers and investment advisers offering or giving advice about cryptocurrencies will be put under the scope of the United States securities watchdog this year. A Feb. 7 statement from the Secu...
Times When Choosing A Fiduciary Advisor Is Critical To You And Times When It’s Not
getty You’ve worked hard your entire career. With your nose to the grindstone, you’ve let your retirement assets grow on autopilot. Suddenly, you find yourself sitting on a pile of money. What do you ...
SEC to tighten oversight over crypto investment advisors
The US financial watchdog has issued a notice entailing tighter scrutiny of crypto brokers and financial advisers giving crypto investment services this year. The United States Securities and Exchange...
SEC Says Monitoring Advisors Shilling Crypto a Top Priority in 2023
The U.S. securities regulator will focus on cryptocurrencies and emerging technologies as one of its priorities this year, as it tries to keep up with the changing landscape of finance. In a statement...
Crypto Asset Compliance on US SEC Agenda in 2023
The Division of Examinations of the U.S. Securities and Exchange Commission (SEC) has said it will focus on emerging technologies and crypto-assets in its 2023 release. The division will examine broke...
SEC To Step Up Probe On Firms And Brokers Pitching Crypto
The Securities and Exchange Commission is in charge of regulating the United States’ securities markets. In the context of cryptocurrencies, the SEC has taken a cautious approach to regulation, classi...
SEC Issues High-Risk Warning For Cryptocurrency IRA Investors
As more people pursue self-directed cryptocurrency IRAs, the U.S. Securities and Exchange Commission (SEC) issued a new warning. In an Investor Alert posted on Tuesday, the SEC’s Office of Investor Ed...
US prosecutors seek postponement of fraud charges by CFTC, SEC against SBF
U.S. prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents. Dam...
Former Coinbase Executive Challenges Insider Trading Charges By SEC
In the latest update regarding the SEC’s insider trading charges against the former Coinbase Manager Ishan Wahi, the defendant requested the court to dismiss the case. According to the recent filing, ...
US Prosecutors Want to Delay CFTC, SEC Fraud Cases Against Sam Bankman-Fried
U.S. prosecutors have asked that the fraud cases against FTX founder Sam Bankman-Fried not proceed until the conclusion of the government’s criminal case against him, according to court documents. Dam...
Former Coinbase manager slams SEC in motion to dismiss insider trading case
A former product manager at cryptocurrency exchange Coinbase has moved to dismiss charges of alleged insider trading, with his lawyers arguing the tokens he allegedly traded were not securities. Lawye...
Former SEC Chair Calls for Scrapping SEC’s Climate Rule
Fmr. SEC Chair Jay Clayton feels SEC’s climate rule should be scrapped. Clayton says that the European financial market regulation has proven inferior to its US counterpart. “U.S financial market regu...
Ex-Coinbase Manager files to dismiss SEC claims
Former Coinbase Product Manager Ishan Wahi has urged the court to dismiss insider trading charges against him — claiming that the U.S. Securities Exchange Commission (SEC) lacks the authority to class...
Ex-Coinbase Exec Takes on SEC in Epic Battle Over Insider Trading Charges!
Ishan Wahi, a former Coinbase product manager, has filed to dismiss the insider trading accusations against him by the U.S. Securities and Exchange Commission (SEC). Ishan and his brother, Nikhil Wah...
Former Coinbase manager seeks to dismiss watershed insider trading case
Lawyers are asking a judge to dismiss a case against their client, a former Coinbase manager and his brother, arguing that the tokens involved are not securities. In an 81-page brief, lawyers f...
Ripple SEC Ruling Can Push XRP to Breakout
Following a raft of XRP-related news recently, the XRP price shows signs of regaining momentum. This could lead to a breakout from the current long-term pattern. Last week, a United States judge issue...
Ripple v. SEC court case update as of February 6, 2023
Individuals in the Securities Exchange Commission (SEC) and Ripple case are now in a waiting game regarding the potential outcome of the matter. At the moment, the participants continue to express opt...
Ripple General Counsel Trolls SEC Case, Compares It to Spy Balloon Shot Down by US Military
Alderoty expresses confidence in Ripple’s defense. Ripple general counsel Stuart Alderoty has taken a jab at the US Securities and Exchange Commission, likening its case against Ripple to the Chinese ...
Ripple CTO “Congratulates” Elon Musk on Beating SEC by “Taking XRP Private at $420”
Yuri Molchan David Schwartz says hello to Elon Musk using his famous “420 Tesla” tweet after billionaire wins against the SEC Contents “I’m taking XRP private at $420. Funding ...
Ripple Bought $8.4B XRP Since SEC Lawsuit ‘To Support Healthy Markets’
Ripple Labs’ XRP token has dropped 20% since the SEC sued the firm, and two top executives, over alleged unregistered securities sales back in December 2020. And since then, Ripple Labs has poured bil...
Ripple Purchases $8.4B XRP From Secondary Markets Since SEC Lawsuit to Sustain Token’s Price
Ripple pours billions of dollars into purchasing XRP from secondary markets. Leading blockchain company Ripple Labs has played a significant role in the sustainability of XRP price. The value of XRP h...
SEC commissioner admits to dishonest XRP evaluation
In a recent Twitter statement, John Deaton disclosed that SEC Commissioner Hester Peirce revealed that her U.S. SEC counterparts were deceptive about the Howey Test for XRP. Deaton asserted that the S...