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Search Results for: sec

Do Kwon Is Obliged To Enter South Korea: Country’s Prosecutors Commands

South Korea’s Ministry of Justice banned the officials of Terra from leaving the country. Do Kwon is issued notice to enter the country, who now lives in Singapore. The fall of UST initiated the bearish rally of the crypto market.  Following the Crashdown of Terra(LUNA), the entire market dipped down

July 27, 2022 2 mins read

Court Denies SEC’s Motion To Revoke Amici Status and Bar John Deaton

Judge Torres had ordered the SEC to provide Hinman’s speech draft from 2018. According to the defendants, the Hinman speech is the subject of all three orders. After the SEC’s latest appeal, it seems that the legal war between Ripple and the SEC has entered a critical point. In response

July 27, 2022 2 mins read

Mark Cuban Calls SEC Regulating Crypto Sector ‘a Nightmare’

Investors would have a difficult time complying with rules and regulations. Toomey criticized the agency’s approach to the crypto sector. Mark Cuban claims that the Securities and Exchange Commission’s regulation of how cryptocurrencies are registered would be nothing short of “a nightmare.” Shark Tank star and Dallas Mavericks owner shared

July 26, 2022 2 mins read

Philippine’s SEC to Probe Binance Over Non-compliance Complaint

Infrawatch PH filed a 12-page complaint with the Philippines’ SEC. Binance does not have an office in Manila. For the second time, Infrawatch PH has requested that more government officials examine Binance for possible legal infractions in the Philippines. Infrawatch PH filed a 12-page complaint with the Philippines’ Securities and

July 26, 2022 1 min read

SEC Launches Fresh Probe Into Coinbase Listing Securities Claim

Seven of the nine digital assets claimed by the SEC are now listed on Coinbase. Securities are highly regulated and need extensive disclosures. The US Securities and Exchange Commission (SEC) has launched a new investigation into Coinbase, a popular platform for buying and selling digital currency. It’s been reported by

July 26, 2022 2 mins read

SEC Charges Ex-US Congressman For Violating Securities Exchange Act

Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged Stephen Earle Buyer, a former US representative for Indiana’s 4th congressional district, with insider trading on July 26, 2022. SEC has

July 26, 2022 2 mins read

SEC of Thailand Opens Inquiry Into Zipmex Over Withdrawal Halt

The SEC is soliciting input from affected Zipmex customers. Zipmex executives have said that they are prepared to comply with the regulator’s request. Zipmex, a Southeast Asian cryptocurrency exchange, suddenly blocked withdrawals, which affected many investors. The Securities and Exchange Commission of Thailand, on the other hand, has opened an

July 25, 2022 1 min read

SEC’s Inflexible Demand for Crypto Regulation Lands In Criticism-Loop

SEC recently alleged that 9 crypto assets listed by Coinbase are securities. SEC continues to have an eagle eye on the unregulated crypto industry. After charging a former Coinbase employee in an insider trading case, the U.S Securities and Exchange Commission (SEC) is now extremely serious on the grounds to

July 25, 2022 2 mins read