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SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case


The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the...

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF


The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley...

Grayscale CEO Demands Public Options Market For Bitcoin Spot ETFs


Grayscale CEO Michael Sonnhenshein is calling for approval of public options on Bitcoin spot ETFs after his company’s Bitcoin fund successfully converted into one last month. “It’s never been more important for the crypto and ETF communities alike to advocate for the development of a robust listed...

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