2023-09-28 SEC Charges FinTech Firm for Misrepresenting Asset Performance The SEC has taken action against Titan Global Capital Management, a New York-based FinTech investment adviser, for misleading practices and compliance failures.
2023-09-28 Ripple Wins Case Against SEC After three years of deliberation, Honorary US District Judge Analisa Torres has ruled in favor of Ripple, concluding that XRP is indeed NOT a security. Immediately following the news, XRP exploded in value, increasing over 25% from $0.47 to over $0.60.
2023-09-28 Coinbase Files Motion to Dismiss SEC Lawsuit Coinbase has filed a motion to dismiss the recent lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC). The lawsuit accuses Coinbase of facilitating unregistered trading in 12 digital tokens classified as securities.
2023-09-13 SEC Continues Its Pursuit of NFTs as Securities with the Latest Charge Against Stoner Cats The US Securities and Exchnage Commission (SEC) has charged the NFT collection Stoner Cats for offering unregistered NFTs to investors, which the legislator believes are crypto-asset securities.
2023-08-29 SEC Charges Impact Theory Over Unregistered NFT Offerings The SEC has taken legal action against Impact Theory for selling unregistered NFTs, marking the first time the organization has considered NFTs as securities.
2023-06-23 House Financial Services Committee to Reintroduce the SEC Regulatory Accountability Act During the US House of Representatives Financial Services Committee hearing on June 22, 2023, the SEC Regulatory Accountability Act was reintroduced. This act would require the SEC to identify the problem a proposed regulation is seeking to address and conduct a thorough cost-benefit analysis before issuing any regulation.
2023-06-14 SEC Stabilization Act Proposed to Restructure SEC and Remove Chair Gary Gensler The SEC Stabilization Act is a bill aimed at restructuring the SEC and ousting Gary Gensler as its Chair. The legislation addresses concerns regarding Gensler’s alleged abuses and restores accountability and investor protection within the SEC.
2023-06-13 Hinman Emails Finally Released: Bearish for ETH, Bullish for XRP, and more Exposure to SEC Corruption The ongoing legal battle between Ripple Labs and the SEC has captivated the crypto world, and recent developments have added a new twist to the saga: The Hinman Papers have finally been released!
2023-06-09 Robinhood to Delist Cardano, Polygon, and Solana Following SEC’s Securities Classification In response to recent regulatory actions taken by the SEC against prominent cryptocurrency exchanges, Robinhood, a popular commission-free stock trading app, has decided to delist three significant cryptocurrencies: Cardano (ADA), Polygon (MATIC), and Solana (SOL).
2023-06-07 SEC Seeks Asset Freeze on Binance and BAM Management Following the lawsuit, the SEC is now seeking a temporary restraining order to freeze all assets on Binance.US and halt the activities of Binance subsidiaries BAM Management U.S. Holdings Inc. and BAM Trading Services Inc., collectively known as “BAM.”
2023-06-06 SEC Sues Coinbase for Operating as Unregistered Broker One day after suing Binance, the SEC launched another lawsuit against Coinbase for allegedly operating as an unregistered broker, exchange, and clearing agency. The SEC has accused Coinbase of evading regulatory oversight by failing to register with the agency.
2023-06-05 SEC Charges Binance for Violating Securities Laws In a significant development, Binance and its founder Changpeng Zhao, are now facing charges filed by the Securities and Exchange Commission (SEC) for alleged securities law violations.