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SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner
12.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led...
SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit
12.10.2024
Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s...
SEC Hits Market Makers With Fraud Charges for Misleading Crypto Investors
12.10.2024
The U.S. Securities and Exchange Commission (SEC) has charged multiple market makers and individuals with manipulating crypto asset markets, alleging they created fake trading activity to mislead retail investors. These schemes, including practices like wash trading, aimed to fabricate the illusion...
SEC again delays decision on spot Ethereum ETF options
12.10.2024
The securities regulator authorized Bitcoin options to list on BlackRock's spot BTC ETF in September
Lawyer Slams the SEC for Corruption Amid Ripple Case
11.10.2024
In a recent tweet, prominent attorney Fred Rispoli leveled strong accusation against the U.S. Securities and Exchange Commission…
Ripple SEC Lawsuit: Lawyer Reflects on Cross-Appeal, XRP ETF, Election
11.10.2024
In a recent interview, attorney James Murphy, also known as ‘MetaLawMan’, discussed several key developments in the ongoing…
Rispoli Claims Ripple & SEC Case are Involved in High Stakes
11.10.2024
In a significant legal move, Ripple has officially filed a cross-appeal in its long-standing legal battle with the…
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
11.10.2024
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading...
Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach
11.10.2024
Bitnomial's action follows a similar suit filed by Crypto.com on Tuesday
Bitnomial sues SEC over claim that XRP is a security
11.10.2024
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit
Cumberland Responds to SEC’s Lawsuit, Says “Ready To Defend”
11.10.2024
After the U.S. Securities and Exchange Commission charged Cumberland DRW, a Chicago-based crypto trading firm, with various securities…
SEC Commissioner Mark Uyeda slams agency’s crypto policy as a ‘disaster’
11.10.2024
The SEC’s Mark Uyeda says the regulator’s approach to crypto has been “the wrong one,” and it needs to provide clear guidelines before launching enforcement actions
Bitnomial Sues SEC Over XRP Futures, Challenging Security Status Claim
11.10.2024
On Thursday evening, crypto derivatives exchange Bitnomial sued US Securities and Exchange Commission(SEC) over Ripple’s XRP Futures and…
SEC settles with trading firm over $4M ‘AI-washing’ scheme
11.10.2024
The SEC alleged that Rimar LLC’s executives overstated the AI capabilites of
SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings
11.10.2024
The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register...
SEC sues Cumberland DRW for unregistered crypto dealer activities
10.10.2024
Cumberland allegedly had $2 billion worth of unregistered crypto dealing since 2018
Ripple Labs escalates dispute with SEC, files notice of cross-appeal
10.10.2024
Ripple has disclosed plans to take its legal battle with the SEC to a higher court in the United States
SEC Sues Crypto Market Maker Cumberland DRW
10.10.2024
The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer
Ripple Files Cross-Appeal Against SEC’s Revived Claims on XRP
10.10.2024
Ripple has filed a cross-appeal in response to the U.S. Securities and Exchange Commission’s (SEC) ongoing legal battle,…
SEC Commissioner: Crypto Regulation a “Disaster” Amid Lawsuits
10.10.2024
The U.S. Securities and Exchange Commission (SEC) is facing increased backlash from within and outside its ranks, as…