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SEC Fines Prager Metis $1.95M Over Negligent FTX Audits
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising...
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust...
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
17.9.2024
International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022
Prager Metis to pay $745K to Settle SEC charges over FTX audit misconduct
17.9.2024
The regulator alleges that Prager issued two audit reports for FTX between February 2021 and April 2022 that falsely represented auditing standards.
SEC Political Crypto Bias Hearing September 18: What To Expect?
17.9.2024
A congressional hearing titled “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets” is set…
SEC commissioners slam agency after $750K FlyFish Club NFT settlement
17.9.2024
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment
Ex-SEC officials to speak at hearing on ‘politicized approach’ to crypto
17.9.2024
US House lawmakers will hear from a former SEC commissioner and crypto industry leaders at their “Dazed and Confused” digital assets hearing on Sept. 18
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
16.9.2024
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense
BitGo launches regulated custody platform for native protocol tokens
16.9.2024
The US custodian’s crypto-native clients include Worldcoin, ZetaChain, and LayerZero
SEC Chair Gary Gensler Old Interview About Ripple Resurfaces
16.9.2024
The ongoing legal battle between the U.S Securities and Exchange Commission (SEC) and Ripple Labs has taken a…
SEC Places Heavier Scrutiny on Binance's Token Listing, Trading Process in Proposed Amended Complaint
16.9.2024
The SEC filed its proposed amended complaint against Binance on Thursday with a greater emphasis on the exchange's token listing process
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
16.9.2024
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where...
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
15.9.2024
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
14.9.2024
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
14.9.2024
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses
CFTC Teams up With SEC to Fight Cryptocurrency Scams
14.9.2024
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These partnerships aim to help consumers...
Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
13.9.2024
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States
Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
13.9.2024
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States
SEC softens stance around SAB-121: Galaxy Research
13.9.2024
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote
SEC softens stance around SAB-121: Galaxy Research
13.9.2024
In May, United States congressional lawmakers voted to repeal Staff Accounting Bulletin-121 in a 228-182 bipartisan vote