In yet another enforcement action, bankrupt exchange FTX’s token FTT is a security, the US Securities and Exchange Commission stated in a complaint Wednesday. “FTT was offered and sold as an inv...
Tag: SEC
SEC to Scrutinize Audit Firms Working with Crypto Companies
The United States Securities and Exchange Commission (SEC) on Thursday announced that it has set its eyes on audit firms working for cryptocurrency companies. According to reports by the Wall Street J...
SEC Believes FTX’s FTT Token Classifies as Security
The United States Securities and Exchange Commission (SEC) claimed that FTX Token (FTT), the native cryptocurrency of bankrupt crypto exchange FTX, is a security. The claim was made in a complaint fil...
Will The SEC Appeal A Stay On Judgement If Ripple Wins The Lawsuit?
In their ongoing case, Ripple and the SEC have jointly moved for an extension of time until January 13, 2023, in order to file the Daubert motions and related exhibits on the public docket with redact...
US SEC Sets Eyes On Audit Firms Working With Crypto Companies
The U.S. Securities and Exchange Commission (SEC) will increase scrutiny of audit firms working on audits for crypto companies. The SEC expressed concerns over investors getting false reassurance from...
Ripple CEO slams SEC, Wells Fargo as attention shifts to FTX
Ripple Labs CEO Bradley Garlinghouse shared a meme on Twitter, slamming the U.S. Securities and Exchange Commission (SEC) and the fourth-largest bank in the United States, Wells Fargo. The furious twe...
U.S. SEC calls FTX’s native token FTT a security
The SEC has alleged in its complaint that FTX’s native token FTT is a “security.” SEC has filed cases against FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison. The United Sta...
U.S. SEC labels FTX’s FTT as a Security
2 hours ago | 2 mins read Editors News SEC stated SBF directed Ellison to Alameda to acquire billions of dollars from third-party lenders. FTT tokens plummeted around 35%, reaching a new low of $0.855...
SEC files defrauding charges against Gary Wang & Caroline Ellison
The controversy surrounding FTX has taken a new turn, as the SEC has filed defrauding charges. The Securities and Exchange Commission recently charged the former CEO, Caroline Ellison, and the former ...
SEC filing declares FTT a security in FTX case development
The U.S. Securities and Exchange Commission, in its filing against Caroline Ellison and Gary Wang, said that the FTX’s exchange token (FTT) is considered a security, given that it was sold as an inves...
Ripple Execs Slam SEC And Wells Fargo; New Court Schedule
Ripple remains belligerent against the U.S. Securities and Exchange Commission (SEC). Both CEO Brad Garlinghouse and general counsel Stuart Alderoty wrote tweets denouncing the SEC’s double standards....
FTX’s FTT token labeled a security in SEC complaint
The U.S. Securities and Exchange Commission labelled FTX’s exchange token, FTT, as a security — putting other exchange tokens in the spotlight. “If demand for trading on the FTX plat...
SEC Accuses Thor Token Developers For 2018 ICO With Unregistered Securities
The United States Securities and Exchange Commission (SEC) has filed a complaint against Thor Technologies along with its co-founder and CEO David Chin, claiming that Thor’s 2018 initial coin of...
Ripple Counsel Claims ‘SEC Has Lost The Plot Line’ On Caroline Ellison Charges
U.S. Securities and Exchange Commission (SEC) on Wednesday charged the Former CEO of Alameda Research, Caroline Ellison and former CTO of FTX, Zixiao Wang for their roles in a marathon defraud scheme....
FTX Executives Ellison and Wang Were Accused by SEC
Exchange News Alameda Research CEO Caroline Ellison has pleaded guilty to charges related to the FTX collapse. New York announced the charges against Ellison and Wang. U.S. Attorney Damian Williams sa...
SEC May Ask Judge To “Stay the Judgement ” If Ripple Wins
– Advertisement – Filan thinks the SEC would ask the court to “stay the judgment” of a Ripple win pending the outcome of its appeal. With the Ripple vs. SEC lawsuit approaching its end, XR...
Alameda CEO Caroline, FTX Co-Founder Plead Guilty, CFTC, SEC Charges
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to criminal charges by the US Southern District of New York on early Thursday. The U.S. Securities and Exc...
5 Key Dates To Note As SEC Vs. Ripple Case Approaches The End
– Advertisement – At least five significant dates left in the SEC vs. Ripple case, barring further delays. Attorney James K. Filan shared a scheduling update for the US Securities and Exch...
SEC files unregistered securities charges against Thor Token creators for 2018 ICO
The United States Securities and Exchange Commission (SEC) has filed a complaint against Thor Technologies along with its co-founder and CEO David Chin, claiming that Thor’s 2018 initial coin offering...
Alameda’s Caroline Ellison, FTX’s Gary Wang Plead Guilty to DOJ ‘Fraud’ Charges, Also Settle With SEC, CFTC
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang pleaded guilty to charges tied to FTX’s collapse, U.S. Attorney Damian Williams announced Wednesday night. The U.S. Secu...
SEC Calls FTT Exchange Token a Security
“If demand for trading on the FTX platform increased, demand for the FTT token could increase, such that any price increase in FTT would benefit holders of FTT equally and in direct proportion t...
Ripple, SEC Asks Court To Stretch Deadline
XRP Lawsuit News: US District Judge, Analisa Torres recently gave out a ruling regarding the Daubert Motions in the XRP lawsuit. However, US SEC and Defendants have filed a new motion related to the s...
Judge pauses SEC case in favor of criminal probe
Your Hometown Deli in Paulsboro, N.J. Google Earth A federal judge granted the Justice Department’s request to pause the Securities and Exchange Commission’s civil case regarding alleged f...
Prevent Insider Trading By Following New SEC Rules For 10b5-1 Plans
Abuses of 10b5-1 plans, which are supposed to help prevent insider trading, have led the SEC to … [+] tighten the rules. getty Insider trading is a notorious form of white-collar wrongdoing that...
Grayscale considers GBTC buyback if it loses SEC lawsuit
Grayscale Investments has informed investors of a contingency plan to deliver some capital to GBTC shareholders ⏤ even if it loses its appeal of the SEC’s decision to block GBTC from converting into a...
SEC wants to ‘kill’ crypto in the US, lawyer says
A former federal prosecutor and defense lawyer James K. Filan insists that the SEC does not want to regulate crypto, but wants to kill it in the United States. On Dec. 21, defense Attorney James K. Fi...
XRP Price Prediction As Ripple Hopes To Win The SEC Lawsuit –
Join Our Telegram channel to stay up to date on breaking news coverage XRP price has been struggling to regain its former glory as a cross-border payments solution since the United States Securities E...
Ripple and SEC Jointly Request Time Extension to Publicly File Daubert Motions
– Advertisement – The parties request a time extension to file their respective Daubert motions in the public docket. The Securities and Exchange Commission (SEC) and Ripple have filed a j...
Lawyer Claims SEC Approach Is To Kill Crypto
XRP Lawsuit News: The U.S. Securities and Exchange Commission (SEC) is allegedly pushing its limits in order to tighten its jurisdiction over the digital asset industry. However, XRP Holders’ lawyer h...
Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF
Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlyin...
Ripple CEO Says SEC Chairman Was Caught Flat-Footed When FTX Fraud “Came to Light”
– Advertisement – Brad Garlinghouse slams Gary Gensler over FTX collapse. Ripple’s CEO Brad Garlinghouse has slammed SEC chairman Gary Gensler for not investigating bankrupt cryptocurrenc...
Ripple Ally Raises Objection to $22 Million SEC Fine: Details
According to the most recent updates provided by James K. Filan regarding the LBRY case, the SEC has filed its opposition to LBRY’s motion to limit the SEC’s remedies. In a throwback to ev...