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US consumer watchdog probes crypto firms over deceptive ads

6.12.2022
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets

Ripple files final submission against SEC as landmark case nears end

5.12.2022
The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2

Regulators face public ire after FTX collapse, experts call for coordination

4.12.2022
U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility

US Senator: Bitcoin Is a Commodity — ‘There Is No Dispute About This’

3.12.2022
U.S. Senator John Boozman says bitcoin, although a cryptocurrency, is a commodity in the eyes of the federal courts and the Securities and Exchange Commission (SEC) chairman. He stressed that exchanges where commodities are traded, including bitcoin, must be regulated and the Commodity Futures...

US Regulator CFTC Met With Sam Bankman-Fried 10 Times Before Crypto Exchange FTX Collapsed

2.12.2022
The chairman of the Commodity Futures Trading Commission (CFTC) has revealed that he and his team met with Sam Bankman-Fried and other FTX executives 10 times before the crypto exchange filed for bankruptcy. The regulator sees the FTX collapse as “a classic run based on liquidity...

CFTC Chair Walks Back on Previous Statements Regarding Ethereum, Says Only Bitcoin is Commodity – Regulation Hammer Coming Down?

2.12.2022
Only bitcoin (BTC) should be considered a commodity for regulatory purposes, and not ethereum (ETH), Rostin Behnam, chair of the Commodity Futures Trading Commission (CFTC), said in a recent speech.... Read More: CFTC Chair Walks Back on Previous Statements Regarding Ethereum, Says Only Bitcoin...

CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse

1.12.2022
CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto

EmpiresX 'head trader' to face 4 years of prison over $100M crypto 'Ponzi'

1.12.2022
Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil

LBRY says it ‘will likely be dead’ following SEC loss

1.12.2022
LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on

SEC Could Use BlockFi as Object Lesson for Clear Crypto Regulation, Says Ex-SEC Official

30.11.2022
Howard Fischer, a Moses Singer LLP partner, discusses why the SEC is more concerned with regulating crypto than getting the $30 million BlockFi owes the agency

SEC Strategic Plan: Crypto Initiatives Among Top Priorities Over Next 4 Years

30.11.2022
The U.S. Securities and Exchange Commission (SEC) has revealed some initiatives involving crypto assets in its Strategic Plan for the fiscal years 2022-2026. The initiatives are intended to address the SEC’s top priorities over the next four years. SEC’s Strategic Plan for FY 2022-26...

BlockFi Most Likely to Pay SEC First, Crypto Lawyer Says

29.11.2022
Sasha Hodder, founder of Hodder Law Firm, discusses why the SEC may get paid before retail investors and the low probability that traders will ever get their money back

Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans to Improve Digital Asset Trading

28.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: UK Crypto Fraud Up 32% in Year, Line to Shut Down Bitfront Exchange, Nigeria Won't Include Crypto in Plans...

SEC chair's crypto oversight strategy in question as ecosystems collapse

26.11.2022
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem

American regulators to investigate Genesis and other crypto firms

25.11.2022
Alleged securities violations and connections with retail investors are being investigated by the State of Alabama and several other states

Ripple CTO Says One Important Lesson From FTX Meltdown ‘Will Not Be Learned’

24.11.2022
A Ripple executive says there is one important lesson from the meltdown of crypto exchange FTX that he “can say with total confidence will not be learned.” The executive added: “Regulation that punishes after the fact won’t catch it. Investor due diligence won’t...

US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance

24.11.2022
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their...