Sooner this Monday, the U.S. Securities and Exchange Commission (U.S. SEC) charged Bittrex, a cryptocurrency exchange for unregistered security policies. The CEO of Bittrex, William Shihara, and the representatives had to respond to the complaint raised over Bittrex. Furthermore, it is mentioned that SEC charged Bittrex’s foreign affiliate termed ‘Bittre
Cryptocurrency exchange Bittrex is facing potential action from the US Securities and Exchange Commission Following plans to close its local operations. According to David Maria, the firm’s general counsel, the Securities and Exchange Commission’s enforcement team notified Bittrex in March. That is, it would suggest that the agency prosecute the
Gary Gensler, the current chairman of the Securities and Exchange Commission (SEC), has recently announced his intention to adopt a stricter stance on the cryptocurrency sector within the United States. As per reports, the regulatory organization has also confirmed that Gensler has yet to make plans to leave his position
Skybridge CEO Anthony Scaramucci said he is still enthusiastic about Bitcoin despite the criticism he has received for his involvement in the crypto markets. There are significant headwinds that he has to overcome. By the time Sam Bankman-Fried’s cryptocurrency exchange FTX declared bankruptcy in November, he was already connected with
In the latest Twitter post by James K. Filan, a defense lawyer who is a former prosecutor has recently shared the response to SEC. It states that Ripple (XRP) defendants have filed their response to the Securities and Exchange Commission’s (SEC) Letter of Supplemental Authority regarding the SEC’s Motion for
The CEO and founder of Tron, Justin Sun was given a deadline for the lawsuit of the United States Securities and Exchange Commission (U.S. SEC) via summons. Also, the Southern District of New York enquires Sun to respond within 21 days to the raised complaint without fail. BREAKing: SEC charges
Former Deutsche Bank investment banker Rashawn Russell is the subject of a civil enforcement action brought by the U.S Commodities Futures Trading Commission (CFTC) in the United States District Court for the Eastern District of New York. Furthermore, Russell is accused of defrauding investors out of at least $1 million.
Today, the United States Securities and Exchange Commission (U.S. SEC) has given the announcement of hiring General Attorneys in places like New York, San Francisco, and Washington. Under the Division of Enforcement, the position of General Attorney is currently available for Crypto Assets and Cyber Unit division. The Division of
Expectations of success in a lawsuit against the U.S. Securities and Exchange Commission (SEC) have boosted the value of Ripple’s native token, XRP. According to WhaleAlert’s data, in the previous 24 hours, whale addresses have contributed over 146 million XRP (about worth $77 million) over several transactions. The largest accumulation
The SEC has been arguing in court that XRP is unregistered security as part of its continuing legal fight with Ripple. The U.S Securities and Exchange Commission (SEC) may be correct that investors are purchasing XRP in the hopes that Ripple would win the ongoing action against the SEC, according
