Tag Archives: sec

CoinspeakerCoinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed Coinbase is now full of confidence as they approach the court and inch closer to a final ruling. Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed

The American investment platform Robinhood released its financial results for the second quarter, revealing that crypto trading revenue plunged by 18% compared to the Q1 figures. One reason behind the downtrend could be the company’s decision to delist certain digital assets, deemed securities by the US SEC, such as Solana (SOL), Cardano (ADA), and Polygon (MATIC). The Latest Numbers Despite reporting solid overall profits in Q2, Robinhood announced that crypto trading...

CoinspeakerBrad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit Ripple announced the recent ruling has pushed it to shift its approach to XRP market transparency, particularly on the escrow holdings. Brad Garlinghouse Slams US SEC for Using XRP Quarterly Reports against Ripple in Lawsuit

Ripple CEO Brad Garlinghouse said the contents of the company’s quarterly financial reports could take a different turn from the usual after the US Securities and Exchange Commission (SEC) used the firm’s disclosures against it in the lawsuit. Meanwhile, XRP holders lawyer John Deaton believes Ripple’s transparency saved the firm from facing fraud and manipulation allegations. Ripple Increases XRP Holdings in Q2 2023 Garlinghouse stated that the company voluntarily started...

CoinspeakerEthereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype The rush to launch Ethereum spot ETFs has sparked interest in the crypto community. Ethereum ETF Frenzy Sweeps SEC Following Bitcoin ETF Hype

CoinspeakerMicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency. MicroStrategy to Increase Bitcoin Portfolio, BTC Price Surges

CoinspeakerTerraform Labs Denies Motion Seeking Dismissal of SEC Fraud Allegations The implications of this judgment are significant for both Terraform and the broader ecosystem. Terraform Labs Denies Motion Seeking Dismissal of SEC Fraud Allegations

The United States Securities and Exchange Commission (SEC) and its Chairman, Gary Gensler, have received a significant wave of criticism from numerous organizations and individuals (including some American politicians) for the way they have treated the cryptocurrency industry over the years.  Ripple’s recent court victory against the Commission prompted even more lawmakers to castigate the regulator. In the next lines, we will name some of the most vocal opponents of the SEC...

Kevin O’Leary – a wealthy investor and the star of the show “Shark Tank” – says it’s time for the current CEO of Coinbase, Brian Armstrong, to be fired, and that a new CEO that will work hand in hand with the Securities and Exchange Commission (SEC) should be brought aboard. Kevin O’Leary on the Coinbase Lawsuit Not long ago, the SEC announced plans to sue Coinbase, claiming it was operating as an unregistered broker. O’Leary believes it’s time to take Armstrong...

Paul Munter – principal advisor to the Securities and Exchange Commission (SEC) on accounting and auditing matters – issued a warning on Thursday to crypto accounting firms whose work is inappropriately marketed as a substitute for “audits.” The statement, titled “The Potential Pitfalls of Purported Crypto “Assurance” Work”, claimed that clients of such firms often promote their work as being at “parity” with a financial statement audit. “Such suggestions are false,” he...