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Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says


Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...

SEC Argues for Injunctions in Final Response of Ripple XRP Case


The SEC challenged Ripple’s assertion that the blockchain startup acted without recklessness and that there should be no “widespread uncertainty” about XRP’s legal status, despite the court previously rejecting this “fair notice” defense. The post SEC Argues for Injunctions in Final Response...

Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals


Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from...

Robinhood Hit With Wells Notice By SEC


Robinhood found itself in hot water with the United States Securities and Exchange Commission (SEC) this weekend after the digital asset trading platform reportedly received a Wells Notice from the federal agency amidst its crackdown on crypto, a new court filing alleges. The post Robinhood...

SEC Issues Wells Notice to Robinhood Over Crypto Operations


A report indicates that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the financial services provider Robinhood. This action by the SEC concerns the company’s operations in the cryptocurrency sector and its listing of crypto assets. SEC Mulls Enforcement...

Analysts notice Dogecoin showing its classic pattern once again


DOGE (Dogecoin), the OG meme coin, has been on a rollercoaster ride for the past few weeks. The meme token encountered a brief period of stability before market speculation boosted its price at April’s start. However, the buzz has gradually begun to vanish since the coin has witnessed a massive...

Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence


Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at...

Uniswap Labs Hit with Wells Notice by SEC: Vows to Fight Back


Uniswap Labs, the creator of the Uniswap decentralized exchange (DEX) protocol and behind the issuance of the UNI token, has just been hit with a Wells Notice by the US Securities and Exchange Commission (SEC), but vows to fight back. The post Uniswap Labs Hit with Wells Notice by SEC: Vows...

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