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Read More »US SEC and CFTC Launch Probe into FTX’s Handling of Customer Funds
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Read More »US Regulators Probe FTX for Mismanagement of Client Assets: Report
United States financial regulators have reportedly launched a probe into FTX – one of the world’s largest crypto exchanges that is now unable to process customer withdrawals. The investigators intend to examine whether FTX properly managed customer deposits, alongside its relationship with CEO Sam Bankman-Fried’s other crypto projects. Probed by SEC and CFTC As reported by Bloomberg, the probe was revealed by two people familiar with the matter, who asked not to be...
Read More »Kim Kardashian, Floyd Mayweather Set to Win Ethereum Max Lawsuit
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Read More »Investor Confidence in Ripple to Triumph over US SEC Is Rising
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Read More »Coinbase Supports Ripple’s SEC Battle: Files Amicus Brief
Leading American cryptocurrency exchange Coinbase is seeking permission to file an amicus brief, also known as “friend of the court,” in support of Ripple Labs’ ongoing court case with the United States Securities and Exchange Commission (SEC). According to a court document submitted on October 31, the exchange sought permission from Judge Analisa Torres of the United States District Court for the Southern District of New York Judge to file the petition against the...
Read More »Coinbase Files for Amicus Brief, Sill Support Ripple in Its Battle with SEC
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Read More »Ripple Labs Says It Now Owns Just 50% of Total XRP Supply
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Read More »Ethereum Is Commodity, Says CFTC Chair
Behnam made this remark while speaking at the Regulating Financial Innovation event on October 24, where he added that he thinks Gary Gensler, chair of the SEC, thinks otherwise or at least hasn’t certainly declared one or the other.Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has reaffirmed that Ethereum, the second-biggest cryptocurrency in the crypto market, is a commodity.Behnam made this remark while speaking at the Regulating Financial Innovation event on October 24,...
Read More »Is CFTC Underfunded to Regulate Cryptocurrency Industry?
The CFTC has been working closely with the SEC to help provide crystal clear cryptocurrency regulations.The cryptocurrency market is getting shaped by global geopolitics. In the United States, the Commodity Futures Trading Commission (CFTC), under Chair Rostin Behnam, has been at the forefront of cryptocurrency industry regulations. However, it has been regarded as a friendlier regulator than the Securities and Exchange Commission (SEC).During a panel discussion hosted by law firm Lowenstein...
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