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Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’
29.10.2024
“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post
SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’
23.4.2024
Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading...
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules
19.3.2024
A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order
Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power
23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms.
The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...
Donald Trump's Second Impeachment Trial, Explained
9.2.2021
Today, the U.S. Senate will begin the impeachment trial to determine whether former President Donald Trump is guilty of inciting an insurrection. This is the second time he has been impeached, the first time ever for a U.S. president. In 2019, he was impeached on two counts of abuse of power...