More than 100 Wall Street employees’ mobile phones have been confiscated as part of an investigation into insider trading by the Securities and Exchange Commission (SEC). The goal is to determine whether trader and transaction information was unlawfully communicated over their phones. According to Dailymail, the company’s most notable employees
Musk seems to have purchased shares without notifying his shareholders. Twitter’s stock surged up to $49.97 after the release of the filing. Tesla CEO Elon Musk has never failed to be one of the prime protagonists in the crypto world. The US Securities and Exchange Commission (SEC), Fed’s independent market
In accordance with the 1933 Act, Valkyrie is said to have submitted this application. Michael Sonnenshein was certain that he would get a green light this time. Despite displaying some acceptance of cryptocurrencies, authorities have yet to warm up to the items that surround these digital currencies. For a long
At its current price of $0.6054, XRP has fallen by 84% from its ATH of $3.84. A panel of 36 industry professionals was consulted for the analysis. The XRP price began the day on a more critical note, but it could not hold on to the gains. With a sudden
Scams and other forms of crypto misuse have proliferated. SEC is better equipped than ever to pursue securities law violations. Previously known as the “Cyber Unit,” the US Securities and Exchange Commission (SEC) said on Tuesday that it would more than quadruple the size of its cryptocurrency enforcement section by
Paris Blockchain Week ends successfully. Ripple CEO enthusiastic with court’s decision against SEC. Brazil’s new crypto bill and CBDC plans to be passed out soon. The Paris Blockchain Week indeed ended up with all the most happy faces one could ever see upon the crypto industry. Apart from being a
According to Hinman’s remarks, neither Bitcoin (BTC) nor Ether (ETH) are securities. Deliberative Process Privilege (DPP) protection was not previously an issue for the SEC. The Securities and Exchange Commission (SEC) filed a lawsuit against Ripple and its CEOs Brad Garlinghouse and Christian Larsen in 2020. Presiding Judge Sarah Netburn
Grayscale CEO Michael Sonnenshein reiterated his call for a Bitcoin spot ETF. ProShares just filed for their Short Bitcoin Strategy ETF with the SEC. Institutional investors may now invest in Bitcoin in a new method. The SEC has approved a fourth Bitcoin futures exchange-traded fund (ETF) overnight, according to a
The SEC has not made a public announcement on the mechanism of recording notes. The notes do not include any interactions between the attorney and client. April is shaping up to be a pivotal month in the Ripple vs. SEC litigation, as many had predicted. Concerning handwritten notes, Judge Sarah
SEC has postponed its announcement until today. The SEC has only authorized Bitcoin exchange-traded fund (ETF) applications. In order to have its Bitcoin ETF proposal approved, Grayscale is prepared to sue the SEC. According to Michael Sonnenshein, CEO of Grayscale, in an interview with Bloomberg, he was open to any
