The Crypto Council for Innovation (CCI) has filed an amicus brief, a written argument over the U.S. SEC seeking a proper response to Coinbase firm. The reason for this is the failure of the U.S. Securities and Exchange Commission (U.S. SEC) to respond back to the petition raised by Coinbase.
One of the official representatives of the U.S. Securities and Exchange Commission (U.S SEC), John Reed Stark warns to ban Tether (USDT) from financial regulators of crypto-based companies in America. He also portrays Tether as a ‘Mammoth House of Cards‘. As per John, Tether would be the next denomination to
The Bittrex Crypto Exchange officially filed for bankruptcy. This occurs just over a month after the Security Exchange Commission (SEC) charged Bittrex with repeatedly breaking security regulations. In a filing submitted on May 8 to the United States Bankruptcy Court for the District of Delaware, Bittrex reported that it has
Ripple CEO Brad Garlinghouse stated that Ripple will have spent $200 million to defend itself from the U.S. Securities and Exchange Commission lawsuit. The SEC filed a lawsuit against Ripple and accused CEO Brad Garlinghouse and Co-founder Chris Larsen of breaching SEC laws by selling XRP without registering it with
The $279 million payout is the highest whistleblower award ever made by the U.S. Securities and Exchange Commission (SEC). Typically, the SEC will give between 10% and 30% of any fines collected that are more than $1 million. The whistleblower must disclose information that directly aids the SEC in imposing
The U.S. Justice Department’s national security division is investigating Binance Holdings to determine whether the cryptocurrency exchange was illegally utilized to allow Russians to move funds through it in violation of US sanctions related to Russia’s invasion of Ukraine, as per the Bloomberg report. This is not the first time
The US Securities and Exchange Commission (SEC) is launching an investigation into First Republic Bank executives over allegations of insider trading. The investigation centers on the conduct of executives before the bank’s seizure and subsequent sale to JP Morgan Chase & Co. According to Bloomberg, the SEC is specifically investigating
In broadening the crypto market, the crypto investors turn their predictions optimistic over the second quarter of 2023. Meanwhile, the verdict of the Ripple case with the United States Securities and Exchange Commission (U.S. SEC) awaits the result. Deaton’s Analysis Of the Ripple Case John E Deaton, the founder of
The crypto exchange Coinbase responded to the SEC’s Wells notice. Coinbase provided written and video submissions to the SEC and discussed those submissions with the SEC a few days ago. Today, to provide greater transparency in our long-standing engagement with the SEC, we are sharing our response to the Wells
Legal conflicts with the SEC over whether XRP is a security have caused market volatility for Ripple’s token. Despite this, John Deaton, founder of CryptoLaw, is certain that XRP will be adopted for international transactions. Good thing I don’t care what you think. But if you’re interested go back to
