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
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.
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 ...
Terraform Labs' $4.47 billion fine in 2024 has already helped this year become the record year in terms of total financial penalties.
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.
The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon.
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
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,
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
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
Coinbase granted motion to compel discovery in legal battle with SEC.
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."
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
SEC veteran reacts to latest development in Ripple SEC lawsuit
Here's the latest action on the Ripple v. SEC front.
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
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
Ripple and the SEC have agreed to halt the $125 million penalty, suggesting an appeal might be incoming
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
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