1 / 7 Relevant items tagged with #SecuritiesAndExchangeCommission

Posts

Here's How Quickly Gary Gensler Could Lose His SEC Chair Gig Under Trump

[Nov 7 6:35 PM] With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.

SEC seeks dismissal of Kraken defenses in ongoing legal dispute

[Nov 7 1:01 PM] The SEC argued that Kraken’s defenses about the major questions doctrine are a “due process fail as a matter of the law.”

SEC’s Mark Uyeda has strong chance of becoming next chair — Lawyer

[Nov 7 9:31 AM] The SEC’s “Crypto Mom” Hester Peirce is unlikely to replace Gary Gensler as the new chair, crypto lawyer Jake Chervinsky said.

Binance, CZ file motion to dismiss SEC’s amended complaint

[Nov 5 10:33 AM] Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued.

Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice

[Nov 1 12:25 AM] Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator.

Gary Gensler's Contentious Reign Over Crypto Approaches Its Twilight

[Oct 22 12:00 PM] Someday soon, somebody besides Gary Gensler will be calling the shots at the U.S. Securities and Exchange Commission, and most of the crypto industry will rejoice.More than any other figure in the U.S. government, this SEC chair played an…

SEC approves NYSE, CBOE listings of Bitcoin options ETFs

[Oct 18 9:25 PM] Traders believe that the approval of options for Bitcoin exchange-traded funds will inject much-needed liquidity into the markets.

Crypto.com v. SEC Is a Bold, 'Bet the Company' Case

[Oct 18 5:31 PM] If the company's case can clear one procedural hurdle, it will have the SEC on its heels in Texas.

Crypto.com sees ‘strong legal footing’ in crypto rulings against SEC

[Oct 18 12:54 PM] Previous crypto rulings against the SEC have put Crypto.com on a “strong legal footing” in its lawsuit against the regulator, its chief legal officer Nick Lundgren said.

SEC’s Ripple appeal doesn’t challenge XRP non-security status

[Oct 18 8:36 AM] Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security.

Chevron overturn unlikely to impact SEC's conduct — Ripple CLO

[Oct 16 8:31 PM] In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry.

Coinbase Escalates SEC Fight Over the Agency's Inside Chatter on ETH

[Oct 15 7:05 PM] An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission's unwillingness to produce documents revealing the regulator's internal thinking on whether to…

Crypto.com sues SEC to ‘protect the future of crypto’ in US

[Oct 8 2:18 PM] Crypto.com’s lawsuit against the US SEC follows the exchange’s receipt of a Wells notice from the agency.

Coinbase urges court to reconsider appeal, cites SEC vs Ripple

[Oct 5 6:28 PM] The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.

SEC files appeal in Ripple lawsuit

[Oct 2 9:36 PM] The Securities and Exchange Commission first filed the lawsuit against Ripple Labs and both its founders in December 2020.

SEC files ‘settled charges’ against Mango Markets operators 

[Sep 27 8:33 PM] In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg that drained the platform of $100 million.

TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing

[Sep 24 7:16 PM] TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering…

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

[Sep 24 3:51 PM] U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to…

SEC seeks sanctions against Elon Musk over Twitter investigation

[Sep 20 8:40 PM] Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.

Consensys Suit Against U.S. SEC Dismissed by Texas Court

[Sep 20 3:48 PM] The U.S. Securities and Exchange Commission had – for a time – added Consensys to a list of crypto investigation targets, prompting the technology incubator company to sue it for overreach in federal court. Because the regulator then shut down that…

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing

[Sep 18 5:02 PM] The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.

SEC crypto ‘overreach’ cost small investors $15B: John Deaton

[Sep 14 1:54 PM] According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.

SEC softens stance around SAB-121: Galaxy Research

[Sep 13 7:33 PM] In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote.

Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments

[Sep 13 6:39 AM] Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.

Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

[Sep 11 12:30 PM] While the broader crypto industry fights with the U.S. Securities and Exchange Commission about the agency's labeling of most tokens as securities, Prometheum is swinging open its doors for a long-awaited test of its strategy to assume the SEC is…

Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight

[Sep 10 3:43 PM] A second company, tZero Group Inc., said it's achieved status as a fully registered U.S. broker dealer under a rule allowing for crypto firms to join those ranks, following a path previously blazed by Prometheum Inc.

U.S. House Committee Plans for Heap of Crypto Hearings in September

[Aug 29 9:48 PM] The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets…

The Real Price Impact For XRP: Expert Shares Timeline For Expected Surge, Here’s When

[Aug 28 7:00 PM] Due to regulatory hurdles, XRP failed to initiate a significant rally alongside other notable cryptocurrency assets like Bitcoin and Ethereum in the 2021 bull cycle. There has been much speculation about when the altcoin will surge again. However…

U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform

[Aug 27 6:19 AM] The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on Monday.

U.S. SEC Settles with Abra Over Unregistered Sales of Securities

[Aug 26 7:07 PM] Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been…