U.S lawmaker Brad Sherman questions the SEC. Accuses of leaving out major crypto exchanges. SEC terms regulating the crypto industry has become hard. The long-time major villain for the crypto industry, and the congressman Brad Sherman, thrashes the United States Securities and Exchange Commission (SEC) over various aspects. Brad Sherman
Lizarraga’s nomination was approved by the Senate on June 16. At the SEC, Lee argued that the agency needed to “evolve with changing technologies.” Allison Herren Lee, a member of the US Securities and Exchange Commission’s (SEC) board of commissioners, has formally stepped down after more than three years of
Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC) financial expense, they will
Defense lawyer James Filan won the attorney-client privilege argument. SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to
Ripple criticizes the SEC for their unprecedented request. The court ordered SEC to present its case for sealing by June 14. The Security Exchange Commision (SEC) is taken the extreme position that the identities of its experts and any significant commentary of their reports should remain secret request for an
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
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
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
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
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
