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Tag Archives: News

US SEC Can No Longer Turn to In-House Tribunals

The Securities and Exchange Commission (SEC) can no longer rely on in-house judges to settle suits, ruled the US Supreme Court last week. Going forward, the SEC must take all its cases to federal court and fight them through trials with neutral juries and judges present while enforcing securities laws and penalizing perpetrators. As per the Supreme Court verdict, in-house tribunals violate the Seventh Amendment, which offers the constitutional right to a jury trial, thereby giving the SEC...

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Bitcoin Whale Moved 1,000 Bitcoins to Coinbase

A Bitcoin whale deposited around $61 million worth of bitcoins to their Coinbase Pro account on Friday for liquidation, according to Arkham Intelligence. The wallet 12EMDoUhaNCuWZeeT6ey61AkjKyzmjV2m3 moved close to 1,000 bitcoins that laid dormant for six years. A Bitcoin whale represents a wallet that holds no less than 1,000 bitcoins. Over the past few weeks, whales have liquidated large amounts of bitcoin to realize profits as the asset’s price has risen tremendously. On Thursday, a...

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