The US SEC general counsel Dan Berkovitz will leave his role by Jan. 31, according to a Dec. 22 statement. Washington Examiner reported that Berkovitz “wined and dined” in 2021 with the disgraced FTX...
Tag: SEC
Can the SEC ban crypto exchanges?
The United States Securities Exchange Commission is looking into the possibility of suspending the activities of centralized crypto exchanges. According to reports, the agency is presently digging int...
SEC Filing Against Thor Crypto; Citing it Unregistered Securities
Amidst the chaos of the crypto industry going through multiple reasons, another crypto project came under the financial regulator’s radar. Recently Thor Technologies reported to witness filing of comp...
SEC general counsel announces departure from public service
Dan Berkovitz, general counsel for the United States Securities and Exchange Commission, said he will be leaving the agency after more than a year. In a Dec. 22 announcement, the SEC said Berkovitz wi...
Block.one Cans $9B SPAC Merger 4 Months After Scrapped EOS Settlement
Block.one’s crypto exchange Bullish won’t be going public after all. Its $9 billion merger with a SPAC has been terminated just four months after courts rejected its $27.5 million settlement in ...
XRP Price Acts Encouraging as SEC Announces Change in Major Post
Gamza Khanzadaev XRP shows encouraging price action amid SEC general counsel’s departure Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purpos...
SEC Shielding Hinman Doc; Whale Move 275 Mln XRP
XRP News: Ripple and US SEC filed their motion to seal several documents linked to the motions for Summary Judgement. However, filings suggest that the commission is still in pursuit of shielding the ...
Here’s How The SEC Plans To Crack Down Harder On Crypto Firms
This year has been filled with a great deal of activity throughout the cryptocurrency world. We witnessed the collapse of Terra, the failure of other crypto firms, a meteoric rise in the number of sca...
SEC General Counsel Dan Berkovitz to Step Down in January 2023
The US Securities and Exchange Commission announced that Dan Berkovitz will step down from his General Counsel position as of the end of January 2023. The current SEC Principal Deputy General Counsel ...
SEC general counsel Dan Berkovitz to step down
Securities and Exchanges Commission general counsel Dan Berkovitz will step down effective Jan. 31. While known as a decentralized finance hardliner, reports indicate that in his previous role at the ...
SEC Finally Admits FTX Customers’ Assets Were Used to Bail Out BlockFi
– Advertisement – Ripple’s general counsel asks vital questions about the SEC’s role in FTX collapse. Ripple’s general counsel Stuart Alderoty has made an important discovery in the SEC’s...
SEC increasing scrutiny of crypto ‘proof-of-reserves’: WSJ
The U.S. Securities and Exchange Commission’s acting chief accountant, Paul Munter, warned investors to put little faith in crypto companies’ proof-of-reserves. “We’re warning invest...
The U.S. Securities and Exchange Commission (SEC) sets its eyes on auditing firms handling cryptocurrency companies
With its intent to counteract cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is beginning to audit firms that work with crypto companies as part of their mission. In recent months, ...
US SEC warns investors against ‘false’ audits by crypto firms
The Securities and Exchange Commission (SEC) through its acting chief accountant, Paul Munter, has warned investors to be “very wary” of the proof-of-reserves (PoR) of crypto firms, as most of them ma...
SEC Begs Court Not To Disclose Hinman Documents
While U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler is calling for a crackdown on the crypto industry based on existing laws and jurisprudence, he may find his nemesis in Ripple ...
Ripple, SEC sought to seal ‘these documents’ as XRP opts for bravery
Both Ripple and the SEC filed new motions asking for the documents’ closure. XRP preferred to follow an uptick in the last 24 hours despite risks of decline. The jury involved in the Ripple [XRP] case...
Attorney Hogan Is Curious to Know the Content of Hinman’s Documents As SEC Insists They Are “Privileged”
– Advertisement – Hogan is curious about the content of Hinman’s documents. Top United States attorney Jeremy Hogan has reacted to the SEC’s recent request to seal the drafts of William H...
Ripple Vs SEC Lawsuit: Filan Shares Scheduling Update With 5 Key Days
The most recent development in the legal battle between Ripple and the SEC is that both parties have now filed a combined application for a time extension until January 13 to post the Daubert papers a...
Ripple Seeks to Protect Its Confidential Business Information in Ongoing Lawsuit Against the SEC
– Advertisement – Ripple has filed a motion to seal certain documents in connection with the motion for summary judgment. Leading blockchain company Ripple has filed an omnibus motion to ...
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
A senior official from the United States Securities and Exchange Commission has warned investors to be “very wary” about relying on a crypto company’s “proof-of-reserves.” “We’re warning investors to ...
SEC Should be Implicated in FTX Collapse: US Senator Emmer
The General Counsel for the U.S. Securities and Exchange Commission (SEC) has announced that he will depart the agency in January. SEC General Counsel Dan Berkovitz said that he was leaving the agency...
SEC Targets Crypto Auditors Seeking Greater Scrutiny
The SEC is stepping up its scrutiny of crypto auditors as it continues to wage war against the digital asset industry. In the latest in a recent torrent of anti-crypto articles, the Wall Street Journa...
Crypto exchange Bullish announces termination of SPAC deal, citing SEC practices
Bullish, a crypto firm that came to public attention in July 2021 for seemingly being unclear on what products or services it was offering, has announced the termination of a deal aimed at taking the ...
SEC vs. Ripple Outcome Delayed: Hoskinson’s Estimatation Called Out
SEC vs. Ripple’s outcome might come in the first half of 2023. Hoskinson previously said that the result might come on December 15. This high-stakes case has the potential to shake the whole crypto in...
Crypto Audits Not Enough, Says SEC
The US Securities and Exchange Commission is increasingly scrutinizing audits performed for cryptocurrency companies, with concerns over their legitimacy. These crypto companies have been seeking to d...
The U.S. Attorney, SEC and CFTC on SBF and his Former Allies
Two of the former allies of Sam Bankman-Fried (SBF) countered him. As the former Alameda Research CEO, Caroline Ellison and the Co-Founder of FTX, Gary Wang, pleaded guilty to criminal charges. These ...
SBF slapped with $250M bail bond; FTX co-conspirators take plea deal; SEC declares FTT a security -CryptoSlate Wrapped Daily
The biggest news in the cryptoverse for Dec. 22 is dominated by FTX news as SBF lands in the US and is granted bail pursuant to house arrest, Caroline Ellison takes plea deal to avoid jail, Tornado Ca...
XRP is a security according to the SEC?
The SEC recently slammed FTX and stated that its token FTT was a security. This comes as a major threat for Ripple, as its main issue regarding its lawsuit is just about that. Is XRP a security? Are c...
Firms Auditing Crypto Firms Being Watched Closely by U.S SEC
24 mins ago | 2 mins read Exchange News The SEC has voiced worry about investors being given a false sense of security. A number of cryptocurrency exchanges have advocated publishing evidence of reser...
SEC Charges Against FTX, Alameda Execs Wang and Ellison Reveal Key Findings, US Regulator Says FTT Is a Security – Bitcoin News
On Dec. 21, 2022, members of U.S. law enforcement detailed that FTX co-founder Gary Wang and ex-Alameda Research CEO have pleaded guilty to financial fraud charges. The recent charges against Wang and...
US SEC charges Thor founders for selling unregistered securities in 2018
Thor Technologies, Inc., its founder, David Chin, and co-founder Matthew Moravec were charged for conducting unregistered securities offering and selling “Thor Tokens” by the Securities and Exchange C...