Tag: sec

Hester Peirce, AKA “Crypto Mom,” was just confirmed to a second term as SEC Commissioner of the Securities Exchange Commission in August. In this episode, she talks about: the reasons for her dissent in the Unikrn Settlement and what she believes would have been a proper penalty...

In view of the United States' stance towards cryptocurrency and regulations enacted by the U.S. Securities and Exchange Commission (SEC), the executive chairman of top payment protocol and exchange network Ripple has warned that the firm is considering leaving the U.S. Chris Larsen, Ripple co-founder and executive chairman,...

Reading Time: 2 minutes Kik lost its case against the SEC last week following a 16-month battle The Kik ICO sale was considered a security by the judge, who ruled in the SEC’s favor The case has not provided any clarity on the status of crypto projects, despite Kik...

Speaking at an event by the Digital Chamber of Commerce, SEC Chairman Jay Clayton opened up his views about cryptocurrencies and blockchain. The U.S. Securities and Exchange Commission (SEC) has been going hard after...

Reading Time: 2 minutes The United States Securities and Exchange Commission (SEC) has charged Swedish crypto scammer Roger Karlsson with fleecing over 2,000 investors out of $3.5 million Karlsson defrauded the investors by promising “astronomical” returns on their investments...

Reading Time: 2 minutes SALT Blockchain has been told to repay SALT token ICO investors by the SEC SALT raised almost $50 million from ICOs in 2017 and 2019 The SEC has said that the sales were unregulated securities and investors must be refunded SALT...

And the third-largest exchange hack in crypto history This hectic news week in crypto began with the third-largest hack ever of a crypto exchange. The hacker or hackers who attacked Kucoin made out with $280 million, with around $130 million of that so far frozen in new contracts and hard forks. Then, YFI founder Andre Cronje teased a new project on Twitter, and...

Thomas J. Gity, who was convicted for operating fraudulent fund-raising campaigns, raised $6.8 million through the scheme.

\+ Jack Dorsey will speak -- on Bitcoin? This week, there were a number of signs that the regulatory questions about crypto are slowly getting resolved. First, the Office of the Comptroller of the Currency gave federally chartered banks the authority to hold reserves for fiat-backed stablecoins such as USDC and Tether. And then, two new bills in Congress proposed to make token...

A new report by financial services firm Arca has delved into the possibility of Uniswap’s UNI token being treated as a security by regulators. In recent months Uniswap’s popularity and growth have exploded to the extent that it actually surpassed Coinbase for trading volume recently. Its total value locked currently stands just below $2 billion The post Report Suggests UNI Tokens Unlikely to...

In the midst of massive quantitative easing, a global pandemic and uncertainty for the future of the U.S. dollar, a whopping 21,454 BTC was just swiped off the market by intelligence and mobile software company MicroStrategy. Bitcoin Twitter picked up on the news yesterday when Matt Walsh and Nic Carter shared...