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House Approves Amendment to Limit SEC’s Crypto Enforcement Authority


The U.S. House of Representatives has approved an amendment to the Financial Services and General Government Appropriations Act that limits the authority of the U.S. Securities and Exchange Commission (SEC) to carry out enforcement actions against the crypto industry. “Gary Gensler is...

SEC Chair Indicates FTX Revival, FTT Rallies


U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally.  Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange...

Gary Gensler: Crypto Frauds Extend Beyond a Single Case


Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...

The Call Of Duty: Modern Warfare Franchise, Explained


The Call of Duty franchise has continually set sales records and delivered rock-solid multiplayer experiences, almost single handedly carrying the first-person shooter genre into the modern era. It remains a crucial pillar in the gaming industry, so much so that Sony and Microsoft were fighting...

Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’


The United States Court of Appeals for the Fifth Circuit has found that the U.S. Securities and Exchange Commission (SEC) acted “arbitrarily and capriciously” in a case involving the stock buyback disclosure rule. “Another day and another court finds that the SEC again acted...

Closing Arguments to Begin Tomorrow in SBF Trial


The jury is set to deliberate shortly in the trial of FTX founder Sam Bankman-Fried, with closing arguments scheduled for first thing Wednesday morning. The defense rested its case mid-day Tuesday following weeks of testimony from former FTX executives, including former Alameda Research...

SEC Considering 8-10 Spot Bitcoin ETF Applications, Says Chair Gary Gensler


The U.S. Securities and Exchange Commission (SEC) is currently considering between eight and 10 bitcoin exchange-traded fund (ETF) applications, according to SEC Chairman Gary Gensler. He insisted that “the vast majority of crypto assets likely meet the investment contract test, making them...

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