2024 SEC Earnings From Crypto Fines - sec, 2024, crypto

2024 SEC Earnings From Crypto Fines

2024 has turned out to be a record year for the US SEC in its enforcement against cryptocurrency firms. The US regulator has reportedly imposed around $4.7 billion worth of fines on crypto executives and companies this year. Let’s explore more about

Lawrence Mike Woriji
US House Republicans probe SEC’s Gensler on political hiring claims - sec, gensler, three, house

US House Republicans probe SEC’s Gensler on political hiring claims

Three GOP lawmakers asked SEC Chair Gary Gensler to turn over information on his agency’s hiring process, claiming they had found evidence of a political ideology-driven hire.

Cointelegraph by Stephen Katte
Mario Draghi Advocates for US SEC-like Regulator, a Potential Game Changer for EU Capital and Crypto Markets - sec

Mario Draghi Advocates for US SEC-like Regulator, a Potential Game Changer for EU Capital and Crypto Markets

Mario Draghi’s report recommends transforming the EMSA into a unified regulator. ESMA would then become similar to the U.S. SEC. A centralized ESMA could standardize ...

Giuseppe Ciccomascolo
sec
SEC’s crypto industry fines surpass $7.4 billion after massive Terraform penalty: study - sec, labs, 2024

SEC’s crypto industry fines surpass $7.4 billion after massive Terraform penalty: study

Terraform Labs' $4.47 billion fine in 2024 has already helped this year become the record year in terms of total financial penalties.

RT Watson
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities - sec, crypto

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications.

Terence Zimwara
SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023 - sec, crypto

SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023

The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon.

Cointelegraph by Brayden Lindrea
Record $4.68 billion fines mark SEC’s toughest year on crypto - sec, 2024

Record $4.68 billion fines mark SEC’s toughest year on crypto

The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. This brings the tot

Assad Jafri
Coinbase scores partial victory in legal battle against the SEC - sec

Coinbase scores partial victory in legal battle against the SEC

Crypto exchange Coinbase secured a partial victory in federal court this week in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). In a filing dated Sept. 5, the US District Court for the Southern District of New York,

Monika Ghosh
sec
Ripple’s Legal Battle With SEC Continues – Here Are The Facts - sec

Ripple’s Legal Battle With SEC Continues – Here Are The Facts

The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) has yet to be concluded despite Judge Analisa Torres’ August 7 ruling, which appeared to have ended the case. This follows a recent development showing t

Scott Matherson
sec
Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement - sec

Kamala Harris Gains Ripple Co-Founder Chris Larsen’s Endorsement

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administr

Bitcoin.com
sec
Discovery ruling favours Coinbase in SEC battle as shares slide to 7-month low - sec

Discovery ruling favours Coinbase in SEC battle as shares slide to 7-month low

Coinbase granted motion to compel discovery in legal battle with SEC.

Kyle Baird
sec
WisdomTree withdraws its Ethereum Trust S-1 registration filing - sec, ethereum

WisdomTree withdraws its Ethereum Trust S-1 registration filing

WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."

Cointelegraph by Ciaran Lyons
US SEC Targets Crypto Market Again, Revokes Securities License Of Crypto Lender - sec, crypto

US SEC Targets Crypto Market Again, Revokes Securities License Of Crypto Lender

The US SEC has once again targeted the digital assets sector, with the latest regulatory actions against crypto lender Salt Blockchain. The agency has revoked the securities license of the crypto lender, sparking discussions in the market. It’s worth

Rupam Roy
SEC Veteran Breaks Silence on Latest Development in Ripple Lawsuit - sec

SEC Veteran Breaks Silence on Latest Development in Ripple Lawsuit

SEC veteran reacts to latest development in Ripple SEC lawsuit

U.Today
sec
Important Ripple v. SEC Lawsuit Update September 5th - sec

Important Ripple v. SEC Lawsuit Update September 5th

Here's the latest action on the Ripple v. SEC front.

Dimitar Dzhondzhorov
sec
XRP Price Holds at $0.56 Amid Ripple vs. SEC Appeal Speculation: What’s Next? - sec, xrp

XRP Price Holds at $0.56 Amid Ripple vs. SEC Appeal Speculation: What’s Next?

XRP price remains consolidated even after the entire market slumped on September 3 and 4. This is a great show of resilience on the part of XRP. Investors and traders quickly bought the drop below crucial support, creating a long wick that reflects t

Evans Karanja
Ripple SEC Case: Judge Torres Issues Order To Hold $125M Penalty On Appeal - sec, judge

Ripple SEC Case: Judge Torres Issues Order To Hold $125M Penalty On Appeal

Ripple SEC Case: New York District Court Judge Torres has approved a proposed order by Ripple to hold a $125 million penalty as the US Securities and Exchange Commission (SEC) mulls appeal. The move comes as the company remains uncertain about paying

Varinder Singh
Ripple Agrees With SEC to Pause $125M Penalty, Potentially Signalling an Appeal - sec

Ripple Agrees With SEC to Pause $125M Penalty, Potentially Signalling an Appeal

Ripple and the SEC have agreed to halt the $125 million penalty, suggesting an appeal might be incoming

Blockhead
sec
Is US Fed and SEC Centralizing Crypto Custody? ETF Issuers At Risk - sec, crypto, etf

Is US Fed and SEC Centralizing Crypto Custody? ETF Issuers At Risk

The US Federal Reserve has been going after several crypto-friendly banks looking to offer crypto custody services to several market players. In another such crackdown, the US Fed issued a cease-and-desist order to Dallas-based United Texas Bank citi

Bhushan Akolkar
Is SEC Planning More Crypto Crackdowns In September? Legal Officer Warns - sec, crypto

Is SEC Planning More Crypto Crackdowns In September? Legal Officer Warns

Jake Chervinsky, the Chief Legal Officer of VariantFund hinted at the possibility of the market recording increased SEC enforcement actions towards the end of September. United States regulators continue their bottleneck approach on the crypto market

David Pokima