Fri, October 18

Court Rejects Ripple’s Request To Add Two Attorneys in SEC Lawsuit

Crucial decision on the Hinman emails would be made this week. The SEC seeks to exclude evidence from ten experts. Ripple moved to incorporate two attorneys into its legal team for the critical litigation against SEC. On the other hand, the court rejected the defendant’s application for entry. Attorney James

July 7, 2022 2 mins read

Bitcoin ETF Spot Exchange Rejected, Grayscale Sued SEC?

On Wednesday, the U.S. Securities and Exchange Commission (SEC) refused Grayscale’s, one of the world’s largest digital asset managers, application to convert its Grayscale Bitcoin Trust (GBTC) vehicle to a spot bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. Grayscale responded by filing a lawsuit against the decision and

June 30, 2022 2 mins read

Ripple Vs SEC Lawsuit, Whose Court Is the Ball In?

Ripple has filed an opposition on June 27 to SEC redactions with three key points. The firm has announced the opening of a new office in Canada with active recruitment. The Ripple defendants have filed an opposition to the SEC’s suggested redactions. The opponents, SEC have put forward some suggestions

June 28, 2022 2 mins read

Gensler’s New Collaboration Initiative to Crypto’s One Point Solution

Gary Gensler, the 33rd Chair of the US Exchanges and Securities Commission(SEC), has made proposals to collaborate with other government agencies like Commodity Futures Trading Commission(CFTC). This step is supposed to be taken for overseeing the regulation of digital assets. Gensler in an interview expressed his opinion that all the

June 27, 2022 2 mins read

Huobi Shuts Down Its Crypto Unit – Thai SEC Revoked the License

The Thai Securities and Exchanges Commission (SEC) announced to Shut down Huobi’s crypto services in Thailand. From July 1st 2022, Huobi will permanently close its crypto units as its license is canceled by the SEC.  Earlier in May, The Thai SEC invalidated Huboi’s legal license. As the exchange failed to

June 17, 2022 2 mins read

Reportedly SEC To Start Investigating Exchanges of Alleged Insider Trading

Insider trading on crypto exchanges will be investigated by the US Securities and Exchange Commission (SEC), according to Fox Business reporter Eleanor Terrett. The Fox News reporter added that the SEC has already issued letters to the top crypto exchanges requesting information on the absence of insider trading safeguards. She

June 14, 2022 2 mins read

Court Denies SEC’s Motion to Seal in Ripple vs SEC Litigation

A well-known lawyer, James Filan, tweeted about this filing on June 10. Defendant requested that Judge Netburn investigate OIEA and FinHub’s enquiries. Every day, new documents have been filed in the lawsuit between the SEC and Ripple, a San Francisco-based fintech company. However, the Plaintiff’s (U.S. SEC) efforts to prolong

June 10, 2022 2 mins read

Binance Under SEC Investigation for BNB

BNB is accused of being security and Binance has broken the law by selling it. Binance US states it follows all laws imposed by the US regulatory. The US Securities and Exchange Commission(SEC) has keen eyes on Binance now. The native token BNB is accused of being security and the

June 7, 2022 2 mins read

SEC Confiscates Over 100 Cellphones From Wall Street Traders and Dealers

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

May 19, 2022 1 min read

US Fed Regulator Soon To Investigate Twitter’s “Delayed Disclosure”

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

May 12, 2022 2 mins read