Ripple faces slim odds of $770M disgorgement – XRP holder Attorney
Deaton underscores that the legal action against Ripple is not centered on fraud but rather constitutes a regulatory disagreement.
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SEC Alleges Former CEOs of Tech Startup Fraudulently Raised $70 Million From Investors
The US Securities and Exchange Commission (SEC) has accused two former CEOs of collapsed California-based tech company Bitwise Industries, of alleged misrepresentation and fraud, which they used to raise funds…
Here’s How FTX Could Be Revived According to SEC Chair Gary Gensler
Gary Gensler, the U.S. Securities and Exchange Commission (SEC) chairman, believes the bankrupt cryptocurrency exchange FTX could be revived if the new management that would take over the business paid…
Is the SEC Set to Greenlight 12 Outstanding Spot Bitcoin ETFs Within 8 Days?
The SEC has a brief window on November 9 to potentially approve all 12 spot Bitcoin ETF applicants in the U.S. This opportunity will last at least eight days. The…
Bitcoin briefly tops $37k amid market optimism for pending spot ETF approvals
The price of Bitcoin has surpassed $37,000 for the first time since May 2022.
Big Deal for Ripple (XRP)? Former SEC Director Praises Company’s Legal Team
In an interesting X post from earlier this week, former SEC Chief John Reed Stark (Office of Internet Enforcement) issued a scathing rebuke of the SEC for its treatment of…
Very Important Ripple (XRP) v. SEC Lawsuit Deadline For Today
TL;DR Judge Analisa Torres has mandated the SEC and Ripple to propose a joint briefing schedule regarding remedies for their ongoing lawsuit, or the court will set one for them.…
Rep. Tom Emmer proposes to defund SEC’s crusade against crypto
Rep. Tom Emmer added a provision in the House GOP spending bill that would block the SEC from using government funds to pursue crypto companies until Congress weighs in on…
Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC
The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law.
SEC Inspector General says prohibition on crypto ownership hinders agency hiring
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc.
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