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SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows

[Apr 29, 2024 2:32 PM] A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement…

Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded

[Apr 29, 2024 1:05 PM] Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.

SEC and Gensler believed Ether was security for at least a year

[Apr 29, 2024 8:09 AM] In April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.

Thai regulator cracks down on deceptive crypto ads

[Apr 29, 2024 1:54 AM] Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.

John Deaton files amicus brief in support of Coinbase appeal against SEC

[Apr 26, 2024 2:35 PM] The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space.

Binance wants the court to know US government’s position on USDC

[Apr 26, 2024 12:33 PM] The U.S. government’s arguments on stablecoins in an unrelated criminal case could bolster Binance’s position in its civil case with the SEC.

Analysts Call It: XRP Primed For A 700% Surge – Details

[Apr 26, 2024 9:00 AM] Ripple’s XRP token finds itself navigating through turbulent waters. Over the past few months, XRP has experienced significant price fluctuations, leaving investors pondering the trajectory ahead. Despite a modest weekly gain, XRP remains…

Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back

[Apr 26, 2024 5:00 AM]

SEC sues Bitcoin miner Geosyn, accusing founders of $5.6M fraud

[Apr 25, 2024 11:49 PM] The SEC alleged Geosyn Mining’s co-founders misappropriated $1.2 million of its investors’ funds, spending it on holidays, nightclubs and firearms.

Standard Chartered Updates Prediction: Doubts SEC Will Approve Spot Ether ETFs in May

[Apr 25, 2024 5:14 PM] Standard Chartered, which was previously optimistic about the U.S. Securities and Exchange Commission (SEC) approving spot ether exchange-traded fund (ETF) applications in May, has now revised its prediction. The bank still sees a positive…

Anti-crypto SEC commissioner’s term is up in 41 days — Will she be replaced?

[Apr 25, 2024 4:07 PM] Caroline Crenshaw may continue to serve at the SEC for an additional 18 months after her term ends in June if the White House doesn't nominate a replacement.

‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations

[Apr 25, 2024 2:09 PM] In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a…

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

[Apr 25, 2024 12:36 PM] Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.

Consensys files lawsuit against SEC and commissioners over Ether

[Apr 25, 2024 12:31 PM] The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.

a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US

[Apr 25, 2024 9:48 AM] “The SEC argues that nearly every token should be registered under U.S. securities laws,” commented a16z Crypto’s general counsel, Miles Jennings.

Pension Consultants are Buying US Spot Bitcoin ETFs: 13F SEC Fillings

[Apr 25, 2024 9:36 AM] New 13F filings with the SEC reveal that a major pension consultant, Global Retirement Partners (GRP), is buying into US spot Bitcoin ETFs. Bitcoin investors have been eagerly awaiting these SEC filings to gauge the level of institutional interest…

US SEC expected to deny spot Ether ETFs next month

[Apr 25, 2024 5:03 AM] Other evidence suggests that the SEC will likely delay the approval of spot Ether ETFs, while Hong Kong will start trading such products next week.

Nigeria puts faith in new crypto-friendly regulator

[Apr 25, 2024 3:06 AM] Nigeria’s president appointed the new SEC Chair to regulate the capital market, bolster investor confidence, and advance economic development.

SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs

[Apr 24, 2024 11:38 PM] The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and…

Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

[Apr 24, 2024 2:24 PM] Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.

SEC targets Uniswap Labs, raising concerns over open-source code liability

[Apr 24, 2024 7:01 AM] SEC actions have made developers fearful that their code may end in prosecution. Are smart contracts with immutable code the way to protect themselves?

Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case

[Apr 23, 2024 5:16 PM] Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or…

SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’

[Apr 23, 2024 2:24 PM] Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the…

Analyst Says XRP Price Will Reach $100, But This Needs To Happen First

[Apr 23, 2024 2:00 PM] Crypto analyst JackTheRippler has raised the possibility of the XRP price rising to $100 soon enough. As part of his prediction, he mentioned what needs to happen for the crypto token to attain such ambitious heights.  How XRP Price Could Rise To…

Ethereum price data points to strong resistance at $3.5K

[Apr 23, 2024 11:56 AM] Ether faces subdued demand as investors’ expectations of a spot ETH ETF approval continue to slump.

Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court

[Apr 23, 2024 11:48 AM] The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022.

SEC pushes decision on Franklin Templeton spot Ether ETF

[Apr 23, 2024 10:52 AM] The commission will have until June 11 to decide on the Cboe BZX Exchange listing and trading shares of the Franklin Ethereum Trust.

Crypto Lobbyists Sue SEC Over 'Dealer' Definition

[Apr 23, 2024 7:28 AM] A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity went too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged.

Ripple Vs. SEC Update: Is The Lawsuit Finally Coming To An End With A Settlement?

[Apr 23, 2024 5:00 AM] The legal battle between Ripple and the Securities and Exchange Commission (SEC) is getting heated and, following recent developments, looks far from over. This is due to the disagreement between both parties on the appropriate remedy for Ripple’s…

Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment

[Apr 23, 2024 1:32 AM] Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission's (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company behind the XRP Ledger blockchain.