With Donald Trump’s recent U.S. presidential win, the global crypto community is buzzing with expectations over the next Securities and Exchange Commission (SEC). In the July campaign, Trump promised crypto supporters that he would fire the current SEC chair, Gary Gensler, “on day one” of his presidency. Gensler, known for
In an era where cryptocurrencies and blockchain technology are reshaping the financial landscape. Calls for reforming regulatory frameworks are becoming increasingly urgent. Mark Uyeda, the SEC commissioner wants the Securities and Exchange Commission (SEC) to update Form S-1, the standard registration statement for public offerings. This is to better accommodate
After the partial win against the United States Securities and Exchange Commission (SEC), the crypto firm Ripple had seen a market surge with a positive impact. The SEC said that it will be seeking an interlocutory appeal, which is a review of a judgment prior to the full trial’s conclusion.
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
This year, the cryptocurrency markets went through a lot of turmoil, which affected the value of the tokens. Also, prominent crypto platforms faced several investigations by the Securities and Exchange Commission (SEC). As BlockFi is one of the biggest creditors to the US SEC. After a string of failures in
The crypto industry has many vital technologies such as the blockchain technology and many more, in order for it to prevail. However, there’s also one major attribute that is indeed responsible for nearly 85% of the complete business involved with crypto, and that is advertising and marketing. Advertising and marketing
Sparkster and its CEO, Sajjad Daya, have reached an agreement with the SEC. Sparkster has been ordered by the SEC to pay $35 million into a fund for distribution to harmed investors. The Securities and Exchange Commission (SEC) issued a cease-and-desist order against Cayman Islands-based software company Sparkster and its
SEC requests court approval to disclose Ripple expert testimony. The court had permitted the commission to make a move excluding the testimony. According to a recent report provided by James K. Filan in the ongoing Ripple vs SEC battle, the U.S. Securities and Exchange Commission (SEC) has issued a request
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
The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating Celsius in four separate jurisdictions for blocking consumer accounts due to solvency issues. As a result of Celsius’ decision to restrict client money withdrawals, regulators
