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Ripple Price Dip Amid Larsen $30M Move & Pending SEC Appeal
18.9.2024
The past week proved extremely volatile for Ripple, news about the stablecoin and various partnerships caused a bullish…
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
18.9.2024
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
Pudgy Penguins CEO unfazed by SEC actions against the NFT sector
18.9.2024
While the SEC focuses on investor protection, Pudgy Penguins CEO Luca Schnetzler believes that investors should also hold some form of accountability for their purchases.
SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
18.9.2024
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million for an exclusive restaurant project. “Flyfish agreed to a cease-and-desist order, to pay...
Republicans Ask US SEC for a Clear Stance on Crypto Airdrops
18.9.2024
Republican policy makers have asked the U.S. Securities and Exchange Commission(SEC) for a clear stance on crypto airdrops…
House Republicans demand SEC’s Gensler clarify crypto airdrops stance
18.9.2024
US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops.
House Republicans demand SEC’s Gensler clarify crypto airdrops stance
18.9.2024
US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops.
SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors
18.9.2024
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first...
SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust...
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
17.9.2024
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022
Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
17.9.2024
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
SEC Political Crypto Bias Hearing September 18: What To Expect?
17.9.2024
A congressional hearing titled “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets” is set…
SEC commissioners slam agency after $750K FlyFish Club NFT settlement
17.9.2024
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment
Ex-SEC officials to speak at hearing on ‘politicized approach’ to crypto
17.9.2024
US House lawmakers will hear from a former SEC commissioner and crypto industry leaders at their “Dazed and Confused” digital assets hearing on Sept. 18
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
16.9.2024
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense
BitGo launches regulated custody platform for native protocol tokens
16.9.2024
The US custodian’s crypto-native clients include Worldcoin, ZetaChain, and LayerZero
SEC Chair Gary Gensler Old Interview About Ripple Resurfaces
16.9.2024
The ongoing legal battle between the U.S Securities and Exchange Commission (SEC) and Ripple Labs has taken a…
SEC Places Heavier Scrutiny on Binance's Token Listing, Trading Process in Proposed Amended Complaint
16.9.2024
The SEC filed its proposed amended complaint against Binance on Thursday with a greater emphasis on the exchange's token listing process
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
16.9.2024
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where...