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Robinhood Ends Support for Some Tokens Named in SEC Lawsuit as Securities
9.6.2023
The popular trading platform will end support for Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th
Robinhood Delists Cardano, Polygon and Solana Following SEC Labeling Them As Securities
9.6.2023
Brokerage firm Robinhood has decided to delist Cardano, Polygon and Solana after the US Securities and Exchange Commission said those three were securities in its charges against two large crypto exchanges this week.
Robinhood said it would end support for the three on June 27, and said that...
eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits
9.6.2023
As the United States Securities and Exchange Commission (SEC) continues to clamp down on Binance and Coinbase exchanges, the entire crypto and financial markets remain attentive, with the likes of eToro weighing in.
eToro, one of the powerhouse platforms in financial trading, has reiterated...
Binance CEO Condemns Leaked Chat Logs, Acknowledges Significant 'Damage'
9.6.2023
Binance CEO Changpeng Zhao has condemned the move by the US Securities and Exchange Commission to leak employee chat records.
In a letter to employees, CZ called the use of chat logs by the SEC "ridiculous," according to a translated copy of the memo shared by Odaily Planet Daily on Thursday....
First Mover Americas: Binance.US Suspends Dollar Deposits
9.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
9.6.2023
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...
Cardano Developer Rejects SEC Claim Its ADA Token Is a Security
9.6.2023
“Under no circumstances is ADA a security under U.S. securities laws,” IOG said
Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’
9.6.2023
Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits...
Bitcoin Price and Ethereum Prediction: US SEC Lawsuit, FTX Bankruptcy, and BitGo Updates Unveiled
9.6.2023
Bitcoin and Ethereum, two of the leading cryptocurrencies, have been in the spotlight recently due to significant developments surrounding the US Securities and Exchange Commission (SEC) lawsuit, the bankruptcy of FTX exchange, and the acquisition deal involving BitGo.
These updates have brought...
Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’
9.6.2023
In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of turning Bitcoin into a “secular cult”...
Breaking: Binance.US Halts USD Deposits, Must Withdraw by June 13 But Major Outage Reported
9.6.2023
Binance.US is halting USD deposits and has warned users to withdraw all US dollar funds by June 13th, although its dollar withdrawal service is currently not working.
Also, all USD trading pairs will be removed next week....
Read More: Breaking: Binance.US Halts USD Deposits, Must Withdraw...
Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges
9.6.2023
DEXes are not securities exchanges argues crypto venture firm Paradigm
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
9.6.2023
Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph
Moody's downgrades Coinbase citing 'uncertain magnitude' of SEC charges
9.6.2023
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term
US Sen. Elizabeth Warren Says Binance Lied to Congress in Letter to DOJ Asking for an Investigation
9.6.2023
Long-standing crypto skeptic Sen. Elizabeth Warren is asking US Department of Justice Attorney General Merrick Garland to investigate whether Binance lied to Congress.
The Democrat from Massuchesetts and Sen. Chris Van Hollen, D-Md. said Binance may have violated the law when it told lawmakers...
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
SEC Chair Gensler Rebuts Claims Crypto Exchanges Lacked ‘Fair Notice,’ Affirms ‘Majority’ of Tokens Are Securities
9.6.2023
U.S. Securities and Exchange Commission Chair Gary Gensler discussed crypto exchanges and digital currencies at the Piper Sandler Global Exchange & Fintech Conference. He insisted that there is “nothing about the crypto securities markets that suggests that investors and issuers...
SEC Chair Gary Gensler Tried To Land a Job at Binance, the Exchange’s Lawyers Allege
9.6.2023
Before becoming head of the US Securities and Exchange Commission, Gary Gensler offered to serve as an adviser for Binance, according the crypto exchange, which is now facing heat from the regulator.
In a letter directed towards the SEC’s division of enforcement, counsel for Binance and...
Gary Gensler: Crypto market is like 1920s stock market, full of 'fraudsters'
8.6.2023
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today
US Justice Department Objects to Bittrex’s Plan To Repay Customers in Bankruptcy Proceedings
8.6.2023
The US Department of Justice objected to a proposal by crypto exchange Bittrex to return money to customers as part of its liquidation plan.
Bittrex filed for bankruptcy in May in a federal court in Delaware after facing scrutiny from both the Justice Department and the US Securities and Exchange...