Fri, April 3

Mark Cuban Calls SEC Regulating Crypto Sector ‘a Nightmare’

Investors would have a difficult time complying with rules and regulations. Toomey criticized the agency’s approach to the crypto sector. Mark Cuban claims that the Securities and Exchange Commission’s regulation of how cryptocurrencies are registered would be nothing short of “a nightmare.” Shark Tank star and Dallas Mavericks owner shared

July 26, 2022 2 mins read

SEC Launches Fresh Probe Into Coinbase Listing Securities Claim

Seven of the nine digital assets claimed by the SEC are now listed on Coinbase. Securities are highly regulated and need extensive disclosures. The US Securities and Exchange Commission (SEC) has launched a new investigation into Coinbase, a popular platform for buying and selling digital currency. It’s been reported by

July 26, 2022 2 mins read

TBIS CEO Michael Stollery Pleads Guilty to 2018 Fraudulent ICO

As per DOJ, Stollery failed to properly register TBIS’s offering. It is anticipated that he will be sentenced on November 18, 2022. Titanium Blockchain Infrastructure Services (TBIS) CEO Michael Stollery has pled guilty to his participation in a scam that brought in $21 million via a false initial coin offering

July 26, 2022 2 mins read

SEC Charges Ex-US Congressman For Violating Securities Exchange Act

Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged Stephen Earle Buyer, a former US representative for Indiana’s 4th congressional district, with insider trading on July 26, 2022. SEC has

July 26, 2022 2 mins read

SEC’s Inflexible Demand for Crypto Regulation Lands In Criticism-Loop

SEC recently alleged that 9 crypto assets listed by Coinbase are securities. SEC continues to have an eagle eye on the unregulated crypto industry. After charging a former Coinbase employee in an insider trading case, the U.S Securities and Exchange Commission (SEC) is now extremely serious on the grounds to

July 25, 2022 2 mins read

SEC Claims 9 Cryptocurrencies as Securities in Recent Court Filing

Coinbase accused for listing unregistered securities in trading. SEC has already charged Ex-Coinbase Product manager for insider trading. The Securities and Exchange Commission (SEC) has alleged in a recent court filing that at least nine digital assets traded on the cryptocurrency exchange Coinbase are unregistered securities. The nine assets in

July 22, 2022 1 min read

Reddit on Fire Upon Crypto Exchanges

Crypto exchanges continue to diminish themselves.  Reddit on fire with users raising concerns of various crypto exchanges. Harsh conditions from crypto exchanges to continue till the industry springs back. The entire Reddit forum platform is quite on fire in recent times. This is mainly due to the crypto users who

July 20, 2022 2 mins read

U.S Lawmaker Brad Sherman Thrashes SEC For Neglecting Exchanges

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

July 19, 2022 2 mins read

SEC Commissioner Allison Herren Lee Formally Steps Down

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

July 16, 2022 2 mins read

Ripple CEO Discloses the Expenses for Its Lawsuit Against SEC

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

July 16, 2022 1 min read
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