Judges overseeing Grayscale’s lawsuit against the Securities and Exchange Commission (SEC) questioned the financial watchdog Tuesday, digging into the agency’s basis for denying Grayscale’s applicatio...
Tag: SEC
A Dozen Reasons Why the SEC Should Have Approved Grayscale’s Spot Bitcoin ETF
The core argument in favor of approving a spot bitcoin ETF, at least at this time, is that the SEC’s concerns about manipulation are literally inconsistent – and possibly in violation of the Administr...
Judges Scrutinize SEC During Oral Arguments in Grayscale Lawsuit
Grayscale and the Securities and Exchange Commission (SEC) have presented their first oral arguments in court regarding the approval/ denial of a Bitcoin a spot ETF product in the United States. Duri...
Grayscale (GBTC) Up 10% After Scoring Victory Against SEC
Digital asset manager Grayscale is embroiled in a legal fight against the U.S. Securities and Exchange Commission (SEC). The company requested approval to convert its most significant and most popular...
Grayscale’s GBTC Discount Narrows As Judges Grill SEC Moves
Grayscale Bitcoin Trust (GBTC): The attorneys representing the U.S. Securities and Exchange Commission’s (SEC) in the Grayscale lawsuit faced tough questions from the judges. The primary discussion on...
Ripple SEC update as of March 2023
The native coin of Ripple, XRP, powers the peer-to-peer network known as the Ripple ledger. Between difficult-to-match fiat currencies, ripple (XRP) serves as a bridge. The Federated Consensus mechani...
Crypto Exchange Binance Approached SEC Chair Gary Gensler in 2018 To Offer Advisory Position: Report
The world’s largest crypto exchange, Binance, reportedly recruited current U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler for an advisory role back in 2018. According to the Wall Str...
Grayscale products buoyed following oral arguments in case against the SEC
Grayscale had its day in court, and now the asset manager — and investors in its Grayscale Bitcoin Trust — must await the ruling, which could take three to six months. The asset manager brought...
GBTC discount narrows during SEC hearing, yield curve inversion deepens; 60% probability for 50bps hike
Quick Take Result of Powell Speaking The US 10-year minus 02 years has reached -100 bps inversion. The forward growth outlook is a full percentage point lower than the expected policy rate. Levels of ...
Grayscale Appears To Win Opening Salvo in Bitcoin ETF Case vs SEC
DC Circuit Court of Appeals judges grilled the SEC on why the regulator approved bitcoin futures exchange-traded products (ETPs) and not Grayscale Investments’ proposed spot offering Tuesday — a line ...
Grayscale Vs SEC: Grayscale’s Appeal Against SEC Ruling Takes Center Stage in US Appeals Court Today
Grayscale Investments, a digital currency asset manager, has been in a legal battle with the US Securities and Exchange Commission (SEC) over its proposed bitcoin exchange-traded fund (ETF) for severa...
US appeals court to hear Grayscale’s arguments against SEC ruling starting today
Ad The U.S. District Court of Appeals is set to hear Grayscale’s arguments against the SEC’s ruling to reject its spot Bitcoin ETF application in a few hours — the session will be streamed live. The S...
SEC Spot ETF Denial ‘Arbitrary’, Grayscale Lawyer Says
Grayscale Bitcoin Trust: Lawyers representing Grayscale opened the arguments saying the SEC had contradicted its own earlier orders when it comes to approving the GBTC spot Bitcoin ETF. Don Verrilli, ...
US Judge Shuts Down SEC, Says Agency Will Not Be Allowed to Interfere With Crypto Bankruptcy Proceedings
A judge in the Southern District of New York says he will stop the SEC from interfering with a bankruptcy case by claiming a new crypto asset is a security. Judge Michael Wiles says he will not allow ...
SEC sues Utah-based Green United over $18m crypto mining scam
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws by selling $18 million worth of fa...
Utah Firm Accused Of Fraudulent Mining Scheme, Is SEC Against Crypto Mining?
Weeks later after its supposed crackdown on the crypto industry, the U.S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint ag...
US Judge Issues Ruling on SEC vs. Ripple Lawsuit Expert Testimonies
US judge Analisa Torres issued a Ruling on Ripple’s and SEC’s Motions to preclude expert testimony. The session discussed the relevance of 15 expert testimonies. The motions to preclude expert testimo...
Green United Mounted $18M Crypto Mining Scam: SEC files Suit
Utah-based Green United, $18 million worth of faulty mining equipment. They promoted non-existent Green Blockchain and mining on GREEN tokens. The SEC recently filed a suit against Green United for s...
The SEC is hiring staff to investigate crypto
The SEC has decided to deepen its investigation into crypto projects and the crypto industry. According to what Forbes revealed yesterday, the SEC Chairman Gary Gensler has decided to hire more staff ...
SEC Freezes Assets Of Miami-Based Crypto Hedge Fund In $100 Million Crypto Fraud Case ⋆ ZyCrypto
Advertisement     Another day, another SEC enforcement action. The U.S. securities watchdog has just filed an emergency action against Miami-based investment adviser B...
SEC Levies Charges Against BKCoin for Fraud
The United States Securities and Exchange Commission (SEC) has filed an emergency action against Miami Investment Adviser, BKCoin Management LLC. In what comes as the latest in the series of enforceme...
Ripple v. SEC judge rules on expert testimony motions; Here’s who benefits
As the legal battle between Ripple and the United States Securities and Exchange Commission (SEC) continues to grab attention, with some rumors indicating it could soon be finalized, the presiding jud...
Ripple vs SEC Case Ruling to be Produced Any Moment From Now – Says Attorney John E. Deaton
The long-standing Ripple vs SEC legal dispute is reaching its conclusion as a ruling is anticipated in the near future. John Deaton, a vocal supporter of the XRP cryptocurrency and a representative fo...
Binance is FTX Redux, Bank Run Seems Inevitable: Ex-SEC Lawyer
John Reed Stark, a former attorney for the US Securities and Exchange Commission (SEC) and staunch crypto critic, has labeled Binance a “shadow bank” that mints its own “counterfeit currency” while pr...
GBTC bucks trend, surged 4.5% while BTC remains steady ahead of SEC hearing
Quick Take It looks like pre-positioning for the opening oral arguments of Grayscale’s litigation against the SEC for ETF approval which goes live today, March 7, at 9:30 am ET. CryptoSlate will...
Ripple Vs SEC Lawsuit Ruling Could Come Tonight Says XRP Lawyer
XRP News: The long running legal tussle between U.S. Securities and Exchange Commission (SEC) and Ripple Labs received a fresh ruling on March 6, 2023. U.S. District Judge, Analisa Torres issued a muc...
XRP bulls target return to $0.38 on Ripple v. SEC court rulings
XRP is holding its support around $0.37; experts suggest XRP price is preparing for an up move after the SEC-Ripple case resolves. XRP price is slightly up in the last 24 hours after forming a green i...
Emergency Action Filed Against BKCoin Over $100M Fraud by SEC
7 seconds ago | 2 mins read Bitcoin News BKCoin collected almost $100 million from at least 55 investors. The defendants utilized over $3.6M in investor money to make Ponzi-like payments. For mastermi...
SEC Initiates Emergency Action Against BKCoin For Fraud Scheme
The Securities and Exchange Commission has initiated an emergency action against investment advisor BKCoin Management in connection with a crypto fraud scheme worth $100 million. According to the SEC...
Will SEC Classify Crypto Mining As Unregistered Security?
Bitcoin News Through this crypto mining scam, Green United raised over $18M in more than 4 years. The firm fraudulently offered its mining equipment – “Green Boxes” and “Green Nodes.” Fraudulent c...
Deaton Says Ruling in SEC v. Ripple Lawsuit Could Come ‘Tonight’
Ruling in SEC v. Ripple Case Imminent Following Latest Case Update, Says Deaton. Deaton says he does not expect Judge Torres to significantly delay in giving her ruling on summary judgment motions. At...