In interview by CNBC, the United States Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase, a prominent cryptocurrency platform. The SEC alleges that Coinbase failed to comply with broker registration rules while offering crypto products that the…
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Spot Bitcoin ETFs Within Reach as SEC Declines to Challenge Grayscale’s Court Victory
The United States Securities and Exchange Commission (SEC) has made a significant decision regarding the Grayscale Investments case, opting not to appeal the recent court ruling that favored the company. This development has increased the likelihood of the Grayscale Bitcoin…
SEC Approval of Spot Bitcoin ETF Imminent: Cathie Wood Insights and Market Implications
The Securities and Exchange Commission (SEC) is on the verge of approving a Spot Bitcoin Exchange-Traded Fund (ETF), a development that could have significant implications for the cryptocurrency market and investors. In this article, we explore the latest updates on…
SEC Secures Urgent Relief Measures to Stop $130 Million Fraud Targeting Indian American Community
The Securities and Exchange Commission (SEC) has taken immediate action to combat an alarming fraud scheme that has targeted the Indian American community, raising approximately $130 million since April 2021. This ongoing fraud, allegedly orchestrated by Nanban Ventures LLC and…
SEC Obtains Emergency Relief To Halt Nearly $130 Million Fraud Targeting Indian American Community
The Securities and Exchange Commission (SEC) has taken decisive action, revealing today the issuance of a temporary restraining order, asset freeze, and additional emergency measures to thwart an extensive and ongoing fraudulent scheme targeting the Indian American community. This elaborate…
NASAA Stands with SEC in Lawsuit against Coinbase
In a significant development within the cryptocurrency industry, the North American Securities Administrators Association (NASAA) has expressed its support for the U.S. Securities and Exchange Commission (SEC) in their ongoing lawsuit against Coinbase, one of the leading cryptocurrency exchanges. This…
SEC Urges Judge to Reject Coinbase Motion to Dismiss Lawsuit
In a significant legal development, the U.S. Securities and Exchange Commission (SEC) has filed a motion urging a federal judge to deny Coinbase Global’s motion to dismiss the regulator’s lawsuit against the popular cryptocurrency exchange. This move by the SEC…
Ripple CTO Dissects SEC’s Argument in Coinbase Lawsuit: Challenging the Logic Behind It
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Technology Officer (CTO), David Schwartz, recently offered his critical insights on the SEC’s arguments presented in the lawsuit against Coinbase. As we…
SEC Asserts: ‘Major Questions’ Doctrine Does Not Bar Coinbase Crypto Case
The U.S. Securities and Exchange Commission (SEC) has responded to Coinbase’s motion for a quick judgment in the agency’s ongoing case against the crypto trading platform. In a recent brief, the SEC refutes Coinbase’s argument that Congress has not authorized…
Ripple’s Legal Triumph: Charting the Future of the Crypto Industry Amidst Regulatory Challenges
In a recent discussion, Brad Garlinghouse, CEO of Ripple, and Stu Alderoty, Ripple’s General Counsel, delved into the company’s protracted legal battle with the U.S. Securities and Exchange Commission (SEC) and its profound implications for the cryptocurrency industry. This article…