Tag Archives: sec

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is crypto in America dead? According to early crypto investor and venture capitalist Chamath Palihapitiya, the answer is a resounding “yes.” Chamath Palihapitiya Doesn’t Think Crypto Has a Future in America During a recent podcast interview, Palihapitiya mentioned that U.S. financial agencies like the...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Leading digital currency exchange Coinbase is getting ready to release its new Base protocol in late 2023. Coinbase Says It Will Bring One Billion Users Onboard Base is an Ethereum-focused, layer-2 blockchain. The program has been in a testing phase since February of this year, and those in charge are now...

The former SEC chief hinted that influencers adopt various strategies to deceive and mislead their followers into making uncalculated investment decisions.  The US Securities and Exchange Commission (SEC) is increasing its efforts to regulate and enforce compliance among crypto influencers, as former SEC Chief John Reed Stark issues a stern warning about potential prosecutions. In a Twitter post on Wednesday, Stark, who headed the SEC’s Internet Enforcement unit for 11 years, cautioned...

The Ripple lawsuit is now rounding out its 29th month. Ripple Labs (XRP) has spent over $200M defending itself in court. Cardano and Ethereum founder Charles Hoskinson said it will probably be resolved in June. During a recent “Surprise AMA” interview on YouTube, a viewer asked Hoskinson: “Charles, do you think the Ripple case gets resolved soon?” To which Mr. Hoskinson answered: “Yes, I do. I think it’s probably next month.” The co-founder of Ethereum and founder and driving...

The Securities and Exchange Commission (SEC) announced on Tuesday that ex-Coinbase manager Ishan Wahi and his brother, Nikhil Wahi, agreed to settle charges for insider trading using knowledge from the exchange.  The former has been forced to forfeit 10.97 ETH ($20,848.92) and 9,440 USDT, while the latter was made to forfeit $$892,500. The End of Crypto’s First Insider Trading Case According to the SEC’s press release, the brothers’ fines represent penalties for disgorgement...

US presidential candidate Robert F. Kennedy Jr. shared his disapproval of SEC’s enforcement action against the crypto industry and plans to include crypto-friendly members on the board when elected president. In an exclusive interview with TheStreet, Robert F. Kennedy Jr. (RFK Jr.), an aspiring US presidential candidate, criticized the Securities and Exchange Commission (SEC) for taking an enforcement approach to regulating the crypto industry. Kennedy said such a heavy regulatory...

Crypto exchange Gemini and bankrupt digital asset lender Genesis Global Capital have jointly filed a motion to dismiss a lawsuit from the U.S. Securities and Exchange Commission (SEC) against the former’s Earn program. According to a document filed at the United States District Court for the Southern District of New York on Friday, May 26, Gemini and Genesis insisted that the SEC has no basis in law to describe the Earn product as the sale of unregistered securities, as it...

The outcome of the SEC’s lawsuit against Gemini and Genesis is expected to have significant implications for the crypto industry and its evolving regulatory landscape. Gemini crypto exchange, and Genesis, an insolvent crypto lender, have jointly filed a motion in US federal court, seeking the dismissal of the complaint filed by the United States Securities and Exchange Commission (SEC) complaint against the Earn Program. The SEC alleges that the Earn Program, operated by both firms,...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The price of bitcoin has stalled thanks to recent news surrounding Bittrex, a popular digital currency exchange, and the Securities and Exchange Commission (SEC). Bitcoin Is Slowing Down a Bit Bitcoin has been on something of a roll since the beginning of the year. In 2022, the world’s number one cryptocurrency...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The U.S. Securities and Exchange Commission (SEC) has laid its nasty hands into another digital currency company. This time, the victim of the agency’s wrath is Bittrex Inc., along with its former chief executive officer William Shihara. The SEC Is At It Again The agency says Bittrex broke its laws for years...