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The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review

As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto community. Former CEO of FTX Sam Bankman-Fried…

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US Lawmakers ‘Deeply Concerned’ That SEC Is Enacting Rules Too Quickly, Without Sufficient Feedback

Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns…

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New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’

The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed…

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US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years

Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation…

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SEC Chair Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday — Says Let’s Make Sure Crypto Investors Get Proper Protection

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has wished Satoshi Nakamoto’s Bitcoin whitepaper a happy birthday. “It has led to innovation and crypto asset investing.…

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Blockchain Association throws support behind Ripple in SEC duel

The United States-based crypto industry advocacy group the Blockchain Association has said it will stand with Ripple Labs amid its ongoing legal battle with the Securities and Exchange Commission (SEC),…

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US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry

U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers…

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US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’

A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are…

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Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day

Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the…

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How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

Some pointed out the regulator's supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star.

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