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SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump…

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Surprise twist as BlockFi receives Money Services License in Iowa

Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state.

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Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’

A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by…

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SEC Probes Binance — BNB Could Be Unregistered Security: Report

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could…

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FTX US Launches Zero-Commission Equities Trading Platform

FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds…

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SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised…

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