SEC

SEC Chairman Calls For Investor Protection Amid FTX Debacle, As Skepticism Rises

Gary Gensler, the chairman of the SEC, spoke about the current market crisis brought on by the FTX disaster in an interview with CNBC’s Squawk Box. Gensler, who has been promoting more regulation and pursuing several crypto businesses for fraud…

Ripple

XRP Tanks After Ripple’s Newest Attack On the SEC Case

According to a tweet from Ripple general counsel Stuart Alderoty on October 20, the U.S. SEC has sent documents related to former director William Hinman to Ripple (XRP). The crypto business resisted the SEC’s move for summary judgment as well.…

Regulations

SEC launched a fake ICO website to enhance investor awareness

During last bull run, the United States’ Securities and Exchange Commission launched a mock ICO website to educate investors on how they can easily identify deceitful coin offerings and distinguish them from real ones. Intelligent fraudster stars can easily create…

Regulations

Grayscale Crypto Giant Files Lawsuit against SEC

Major digital asset manager Grayscale has filed a lawsuit against the Securities and Exchange Commission (SEC) for its rejection to allow the conversion of its $12 Billion Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF (Exchange Traded Fund). GBTC has…

SEC

SEC Files Charges Bermuda and Canada based firm’s in a Crypto Asset Pump-And-Dump Scheme

In 2017, Arbitrade Ltd., a Bermudan company, and Cryptobontix Inc., a Canadian company offered a new type of crypto token which could make gold easy to own. With a few clicks of your smartphone, you could own gold without the…