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Ripple’s $125M SEC Fine; A Partial Victory Amid Challenges
23.9.2024
After a prolonged legal standoff with the U.S. Securities and Exchange Commission (SEC), Ripple Labs has been fined…
Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash
30.4.2024
Lawyers for Terraform Labs and its founder Do Kwon are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion, new court docs reveal. Kwon and the crypto company were found liable for the Terra-Luna collapse by a jury trial...
XRP Price Prediction as SEC Plans $2 Billion Fine Against Ripple Labs – Last Hurdle Before Big Rally?
27.3.2024
As Ripple Labs faces a pivotal $2 billion SEC fine, the crypto world watches, pondering XRP's price forecast and the market's next big rally.
The post XRP Price Prediction as SEC Plans $2 Billion Fine Against Ripple Labs – Last Hurdle Before Big Rally? appeared first on Cryptonews
Crypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements
19.3.2024
Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will “not receive any portion of the penalty until after payment of all other allowed claims by the bankruptcy court...
LBRY's $22 Million SEC Fine Reduced to $111K Due to Payment Concerns – What's Going On?
15.5.2023
The US Securities and Exchange Commission (SEC) aims to reduce its $22 million punishment against decentralized content platform LBRY to around $111,000.
The commission submitted a request for amendments to the New Hampshire District Court on Friday, claiming that the platform is not likely to...
SEC revises $22M punishment against LBRY, seeks $111K instead
15.5.2023
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount
SEC serves $4M in fines to Coinme over ‘misleading’ UpToken ICO
1.5.2023
The regulator nabbed the crypto ATM operator turned exchange for securities law violations over its sales and statements of a crypto token
Crypto Shilling Costs Yet Another Celebrity A Million Dollars
20.2.2023
Yet-to-collapse cryptocurrency, EMAX, has just gotten another celebrity in hot water. Short for EthereumMax, the bullshit scheme was promoted on Twitter by former NBA player Paul Pierce, except he rather forgot to say he was being paid hundreds of thousands of dollars for doing so. As reported...
How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine
4.10.2022
Some pointed out the regulator's supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star
SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions
16.7.2022
According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties...
Surprise twist as BlockFi receives Money Services License in Iowa
29.6.2022
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state
Crypto Lender Blockfi Secures $250 Million Line of Credit From FTX, CEO Says Capital Will Bolster Its Balance Sheet
21.6.2022
The crypto lender Blockfi detailed on Tuesday that the company secured a $250 million line of credit from FTX. Blockfi’s CEO Zac Prince announced on Twitter that the company will use the capital to bolster Blockfi’s “balance sheet and platform strength.” Blockfi Obtains...
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
6.5.2022
Nvidia, producer of graphics cards since prehistoric times, has just been fined $5.5 million by the U.S. Securities and Exchange Commission for failing to divulge to investors how much of its 2017-18 revenue came about from crypto-miners.Read more
Robinhood May Face $10M SEC Fine Over Disclosure Failures
3.9.2020
Robinhood is reportedly under investigation by the SEC for not fully disclosing that it was passing customer orders onto market makers