Tag: securities and exchange commission

Jan 30 2023

Philippines SEC seeks to toughen regulations on crypto industry

According to new draft guidelines, the Securities and Exchange Commission (SEC) of the Philippines wants to include crypto in its purview and toughen its control over the local cryptocurrency market. The securities regulator submitted draft regulations for financial goods and services which include encompassing cryptocurrencies and digital financial products—for public comment on January 25, the […] The post...

Jan 27 2023

Crypto Market To Struggle More? SEC Launches Inquiry On Investment Advisors

Crypto Market To Struggle More? Financial market regulators are gearing up with enhanced and much needed laws around the digital asset industry. In this pursuit, the...

Jan 26 2023

FTX’s Creditor List Includes Federal Agencies, Crypto Firms And Celebrities

FTX's lawyers recently filed a creditor list in the bankruptcy court. The list revealed the vast network of companies and individuals who are owed by the bankrupt crypto exchange.

Jan 25 2023

Circle (USDC) Points Finger At SEC For Sinking $9 Billion SPAC Agreement

Circle's SPAC deal meant to take the USDC issuer public was delayed by the SEC until the agreement expired in December 2022.

SEC Chair Gary Gensler Seeks Jurisdiction Over Crypto With New Proposed Rule

The Securities and Exchange Commission (SEC) has maintained its anti-crypto stance and increased scrutiny on the crypto companies dwindled...

Jan 24 2023

Just-In: Grayscale Lawsuit Against SEC Preponed After Genesis Bankruptcy

The District of Columbia Court of Appeals has preponed a date for Grayscale's lawsuit against the Securities and Exchange Commission (SEC). The...

Jan 20 2023

Former SEC Chief Lashes Out On Nexo’s $45 Mn Deal With SEC

In response to charges that the digital asset company, Nexo Capital Inc., had violated securities regulations by marketing a...

Crypto Lender Nexo Fined $46.5M for US Securities Law Violations

Crypto lending platform Nexo has settled with federal and state regulators in the United States for offering and selling unregistered securities, paying a total penalty of $45 million. The Securities and Exchange Commission (SEC) received $22.5 million, and the rest...

Jan 17 2023

Silvergate suffers $1B net loss in 2022 fourth quarter

According to reports from Silvergate, deposits were $7.3 billion in the fourth quarter, which was less than the $12 billion recorded in the third quarter. A class action lawsuit against Silvergate Bank regarding its interactions with FTX and Alameda Research is now pending, and the bank just disclosed a fourth- quarter 2022 net loss of $1 […] The post...

Jan 13 2023

SEC Takes Gemini, Genesis to Court for Selling Unregistered Securities

The US Securities and Exchange Commission (SEC) charged two feuding companies, Genesis Global Capital and Gemini Trust Company, for offering and selling crypto lending products under Gemini Earn, which the regulator alleged to be...

Dec 14 2022

CFTC: Alameda Used FTX Customer Funds To Stave Off Insolvency In May/June 2022

Summary: Alameda Research also had unlimited access to customer accounts among other special privileges at the FTX crypto exchange. The CFTC's complaint against Sam Bankman-Fried cited insider information, chat logs, and internal conversations as evidence for its lawsuit. Charges were also filed by the U.S. Department of Justice and the SEC. The U.S. Commodity Futures Trading Commission (CFTC) said that Alameda Research, Sam...

Breaking: SEC Charges 8 Social Media Influencers In $100 Mn Stock Manipulation Scam

Dec 14 2022 Published at Coingape under tags  news securities and exchange commission

The Securities and Exchange Commission (SEC) has just announced that it will be filing charges against eight online influencers in connection with a...

Dec 13 2022

Sam Bankman-Fried Charged With Defrauding FTX Customers And Investors: SEC

Summary: The FTX founder stands accused of diverting customers from the crypto exchange FTX to his trading firm Alameda Research. Sam Bankman-Fried also allegedly defrauded equity investors from around May 2019 till November 2022. The SEC announced charges against SBF hours after Bahamian authorities arrested the fallen FTX founder and Southern District of New York prosecutors filed criminal charges. The U.S. Securities and...

Dec 05 2022

BREAKING: Nexo Is Shutting Down Its U.S Business

Nexo has announced that it is shutting down its U.S business due to the lack of regulatory clarity.

Nov 28 2022

BlockFi Used FTX Funds To Pay SEC Fines? Inquiries Ripple Counsel

Sam Bankman-Fried (SBF) led the FTX crash has impacted the crypto market in the worst way possible. Crypto lender BlockFi is reportedly...

Nov 26 2022

SEC Chair Under US Congress Radar Over Celsius, Voyager, FTX Failures

The U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler has been under the constant scrutiny of Congress for its approach towards the digital asset industry. The crypto market has witnessed the...

Nov 24 2022

Crypto Law Firm Sues The SEC; Gets Mocked By Nouriel Roubini

Crypto-focused law firm Hodl Law PLLC has sued the U.S. Securities and Exchange Commission, alleging the regulator has failed to clarify its jurisdictional authority over digital assets and failed to define whether it views digital...

Nov 21 2022

Former SEC Chair: FTX On Path To Stability With This Recent Decision

FTX Latest News: While the crypto market struggles to recover from the shock collapse of FTX, there are finally some positive signals coming out amid an ongoing SEC probe. The troubled crypto exchange entered...

Nov 18 2022

US SEC Starts Administrative Proceedings against American CryptoFed

The United States Securities and Exchange Commission (SEC) on Friday kicked off administrative proceedings against American CryptoFed, a Wyoming-based decentralized autonomous organization (DAO).

The regulator wants “to determine whether a stop order should be issued to suspend the registration of the offer and sale of two crypto assets, the Ducat token...

Nov 16 2022

XRP Prediction: LAST CHANCE to Buy XRP below 40 cents!

Nov 16 2022 Published at CryptoTicker under tags  altcoin crypto regulation ripple sec

The recent crypto crash was a harsh one for most cryptocurrencies. All have fallen by an average of 20% since last week, except for a few. XRP was supposed to have a great month in November 2022, as its lawsuit findings were probably about to turn positive. However, the FTX crash made XRP lose more than 25%. From a technical perspective, XRP was...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: