Sat, September 5

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

Ripple Claims First Winning Against SEC

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

July 13, 2022 2 mins read

Is SEC Being Against Public’s right to Access in Ripple Case?

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

July 11, 2022 2 mins read

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