Tag: SEC

Grayscale Confronts the SEC, Claims Its Ban on Bitcoin (BTC) Spot ETFs is irrational

Grayscale Investments, a cryptocurrency hedge fund, has called the U.S. Securities and Exchange Commission's (SEC) rejection of Bitcoin (BTC) ETFs "illogical." Grayscale argues in a...

Second Round of Layoffs at Coinbase Will Result in Another 20% Reduction in Staff

A second significant round of layoffs will begin in 2023, with leading cryptocurrency exchange Coinbase letting go of another 20% of its workforce. On January...

American Cryptofed DAO Token Sales Are Being Halted by The Securities and Exchange Commission (SEC)

In order to consider a stop order to prevent the registration of the offer and sale of its Ducat and Locke tokens, the SEC...

As XRP turns ten, Ripple’s Director of Engineering departs the company

Over the weekend, Ripple's top engineer made an announcement that he is leaving the firm to pursue new opportunities. https://twitter.com/nbougalis/status/1583548835028090880?s=20&t=6Wd1ysZQmkgW1yvllFkWOQ Bougalis handled a number of changes...

Toymaker Mattel Accepts A $3.5 Million SEC Penalty For False Claims About Its 2017 Financial Earnings

The Securities and Exchange Commission (SEC) stated Friday that toymaker Mattel has agreed to pay a $3.5 million fine to resolve allegations of making false...

In a new brief challenging ETF rejection, Grayscale asserts the SEC hurt investors

Grayscale Investments has filed its opening brief in a lawsuit challenging the SEC's rejection of its application for a spot bitcoin exchange-traded fund. The company's...

Charles Hoskinson, the founder of Cardano, explains his position in the SEC vs. Ripple dispute

Hoskinson places blame for the absence of crypto laws on legislative bodies Charles Hoskinson, the founder of Cardano, clarified his opinion on Ripple and XRP,...

Elon Musk renews his bid for Twitter in order to avoid prosecution

Elon Musk intends to proceed with the acquisition of Twitter, according to documents filed Tuesday with the US Securities and Exchange Commission (SEC), following...

After months of litigation, the judge ordered the SEC to provide Ripple Labs with Director’s Hinman documents

On September 29, U.S. District Court Judge Analisa Torres issued a decision allowing the documents written by former SEC Corporation Finance Division Director William...

What Would Happen If SEC Lost the XRP Lawsuit’s Summary Judgment?

The US SEC recently submitted its request for summary judgment in the XRP lawsuit in response to growing calls for regulatory clarification around digital...

What Happens After a Summary Judgment Is Approved in the XRP Lawsuit?

The long-awaited summary judgment phase of the U.S. Securities and Exchange Commission (SEC) v. Ripple, XRP litigation has begun. Recently, motions addressing the proceedings...

The New “Staking” Model Of Ether May Attract SEC Attention

Ethereum's transition to Proof-of-Stake (PoS) may have drawn the attention of the Securities and Exchange Commission (SEC) once more. According to Gary Gensler, the...

Securities and Exchange Commission (SEC) to setup specialist offices to address the rising number of crypto issuer filings

The SEC decided to establish two additional offices this autumn to offer specialist support to the seven offices already in charge of reviewing issuer...

XRP Attorney Drops Hint On Whether Ripple Settle The SEC Case

The hope of reaching a settlement between the two parties is on everyone's mind as the Ripple v. U.S. SEC lawsuit nears the summary judgment....