Tag Archives: sec

In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain Dentons U.S. LLC as its special counsel. The SEC has raised concerns about the amount paid to Dentons, describing it as “suspicious.” SEC Raises Concerns Over TFL’s $166M Transfer The SEC noted that Terraform Labs transferred $166 million to the Dentons Advance Payment Retainer. Out of this total, $122 million was moved...

The Chamber of Digital Commerce (CDC) has filed an amicus curiae to defend Kraken in a lawsuit the U.S. Securities and Exchange Commission (SEC) initiated in 2023. Notably, the CDC supported the crypto exchange’s motion to dismiss the lawsuit in its latest filing. Chamber of Digital Commerce Argues for Kraken In a February 27 filing, the Chamber explained that the amicus brief aims to address and counter the SEC’s current approach to digital asset industry regulation. 1/...

TL;DR The lawsuit between Ripple and the SEC is approaching a crucial trial in April 2023, with potential long-term impacts on the cryptocurrency sector and possibilities of extended legal battles through appeals. Ripple has gained key partial legal victories, but the final outcome and its implications are still uncertain. Could We See the Conclusion This Year? The lawsuit between Ripple and the United States Securities and Exchange Commission has been among the trendiest...

Major cryptocurrency exchange Kraken is seeking to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC), arguing that the Commission was overstepping the boundaries of its regulatory authority. The SEC sued Kraken in November 2023, alleging that the crypto exchange co-mingled customer funds and listed assets deemed as securities on its platform. Kraken Fights Back Kraken filed a motion on Feb. 22, 2024, in the U.S. District Court Northern District of...

CoinspeakerEthereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade In addition to ETF anticipation, the crypto community eagerly awaits Ethereum's Dencun upgrade that is scheduled for March 13. Ethereum Nears $3K as Market Anticipates Spot ETF and Dencun Upgrade

CoinspeakerBakkt Receives US SEC’s Greenlight to Raise $150M in Capital, BKKT Shares Up Over 7% Bakkt announced that the US SEC approved its universal shelf registration in Form S-3 to raise up to $150 million in several offerings over the next three years. Bakkt Receives US SEC’s Greenlight to Raise $150M in Capital, BKKT Shares Up Over 7%

CoinspeakerNEAR Protocol’s HERE Crypto Wallet Achieves Over 1M Signups on Telegram in 1 Week As HERE is a self-custodial app, it means that users hold the private keys to the wallet on their own. NEAR Protocol’s HERE Crypto Wallet Achieves Over 1M Signups on Telegram in 1 Week

Gary Gensler – chairman of the U.S. Securities and Exchange Commission (SEC) – faced heated pushback from one of CNBC’s popular anchors on Wednesday over the former’s “pet rockish” view of Bitcoin (BTC). During an eight-minute interview, Joe Kernen interrupted the chairman several times to call out his perceived prejudices against Bitcoin, and his primary characterization of the asset as a tool for criminals. Joe Kernen Versus Gary Gensler On Bitcoin Part of their discussion...

Bitcoin-Preis auf 50'000. Der Börsenwert aller Bitcoins liegt nun bei knapp einer Milliarde Dollar. Die wichtigste digitale Währung notiert auf dem höchsten Stand seit mehr als zwei Jahren. Eine entscheidende Rolle spielen dabei neu eingeführte, börsengehandelte Fonds. Ein guter Zeitpunkt, jetzt Bitcoin zu kaufen? Denn wenn es so weiter geht, knackt der Bitcoin-Preis bald die 100’000er Marke. Und dann ist alle Möglich. Warum steigt der...

CoinspeakerEthereum Developers Choose March 13 for Mainnet Deployment of Dencun Upgrade On March 13, at slot 8626176, the Ethereum network hard fork for Dencun will take place on the mainnet, after successful testnet launches. Ethereum Developers Choose March 13 for Mainnet Deployment of Dencun Upgrade