Galois Capital fined by SEC for improper asset handling with FTX

Galois Capital Management, a crypto investment firm, has been in the spotlight recently due to its entanglement with the Securities and Exchange Commission (SEC). The firm is facing a significant $225,000 fine after the SEC alleged that it violated crucial…

Kraken Exchange Required to Defend Against SEC Claims on Exchange Status

Kraken has recently found itself at the center of a legal battle with the U.S. Securities and Exchange Commission (SEC). The core of the dispute revolves around whether the platform is operating as an unregistered securities exchange. A federal judge…

Judge Finds Ripple Guilty Ripple to Pay $125million in SEC Case

On Wednesday, a landmark decision was made in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC). The federal judge, Analisa Torres, presiding over the Southern District of New York, delivered a crucial ruling that…

Ether ETF Approval Expected by Mid-July as SEC Decision Nears

The landscape of cryptocurrency investment is on the brink of a significant shift as asset managers anticipate the approval of the first US Ether ETF. The Securities and Exchange Commission (SEC) is currently in discussions with applicants, setting the stage…

Uniswap Labs Challenges SEC Over Crypto Regulation

Uniswap Labs, the decentralized trading platform on Ethereum, is standing firm against the US Securities and Exchange Commission (SEC). The New York-based startup asserts that the potential enforcement action suggested by the SEC is unfounded, as it fundamentally misunderstands the…

Investment Firms Face Uncertainty as SEC Reviews Ether ETFs

Investment companies eagerly awaiting the Securities and Exchange Commission’s (SEC) decision on launching exchange-traded funds (ETFs) based on the Ether cryptocurrency are facing mounting uncertainty. Despite the growing demand for these products, the SEC’s silence has left industry insiders bracing…

Kraken Challenges SEC in Legal Dispute Over Cryptocurrency Regulations

The ongoing legal battle between Kraken, a prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC) has intensified with a recent filing by Kraken. In their reply to the SEC’s letter, Kraken challenges the agency’s case, claiming that…

SEC Targets Ripple Stablecoin as Unregistered Crypto Asset in Ongoing Legal Battle

The U.S. Securities and Exchange Commission (SEC) has recently set its sights on Ripple’s highly anticipated stablecoin. In a recent filing, the SEC characterized the stablecoin as an “unregistered crypto asset.” Ripple, known for its innovative approach to bridging traditional…

SEC Issues Warning to Robinhood Over Crypto Business Amid Regulatory Crackdown

The US Securities and Exchange Commission (SEC) has issued a warning to Robinhood Markets Inc., a renowned stock trading platform, regarding its crypto business. This development signifies the SEC’s unwavering commitment to its ongoing crackdown on digital assets. In response,…

Terraform Labs Deems SEC’s $5.3 Billion Fraud Penalty Proposal Unwarranted

Terraform Labs Pte, along with its co-founder Do Kwon, has recently faced significant legal challenges after being found liable for fraud by a New York jury. The U.S. Securities and Exchange Commission (SEC) accused Terraform and Kwon, the creator of…