Auto Added by WPeMatico

New Platform Enables Fraudulent KYC for Only $15, Targets Crypto Platforms: Report

New research by the cybersecurity reporters at 404 Media has uncovered a new tool named OnlyFakes that reliably generates fake IDs capable of bypassing KYC providers’ checks with relative ease.…

Continue ReadingNew Platform Enables Fraudulent KYC for Only $15, Targets Crypto Platforms: Report

Ripple v. SEC Lawsuit Impacted the Commission’s Future Approach: Legal Expert Comments

TL;DR SEC Sues Kraken: The SEC has initiated a lawsuit against Kraken for operating without proper securities registration. Shift in SEC’s Strategy: Noticing a change, legal expert Mike Selig suggests…

Continue ReadingRipple v. SEC Lawsuit Impacted the Commission’s Future Approach: Legal Expert Comments

Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler

The crypto community, including prominent industry lawyers and U.S. Senator Cynthia Lummis, is sounding off about the new lawsuit between the U.S. SEC against cryptocurrency exchange Kraken.

Continue ReadingCrypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler