SEC Provides Companies with A Sample Letter Regarding Crypto Asset Markets

The Securities and Exchange Commission (SEC), in a new guideline released on Thursday, requires entities that issue securities to disclose to investors their exposure to possible risk in the cryptocurrency market. Guide For Crypto Asset Markets The guideline was made…

Curtains Closing On Ripple Case After 2-year Legal Battle

Ripple is finally looking forward to the SEC lawsuit’s resolution after nearly two years of protracted litigation. Ripple’s Counsel Drops Suit Hints On December 6th, Stuart Alderoty, the general counsel at Ripple, forwarded a tweet from Brad Garlinghouse in which…

Bahamian SEC Ordered FTX to Send Digital Assets to Its Wallet

On November 18, the Bahamas’ Securities Commission made public its directive to FTX to transfer digital assets under its management to the Commission’s wallet on November 12. The regulator stated that the directive was required to protect the interests of…

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…

SEC Goes After Trade Coin Promoters Alleging $295 Million Scam

The founder and three U.S. promoters of Trade Coin Club were charged by the Securities and Exchange Commission with operating a Ponzi scheme that raised 82,000 bitcoins, worth $295 million in 2018, from investors throughout the world. Charges against four…

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.…

Coinbase Backs Grayscale In Its Legal Battle With the SEC.

The largest Bitcoin fund, Grayscale, is fighting the Securities and Exchange Commission in court with the backing of Coinbase, the largest cryptocurrency exchange in the United States (SEC). Grayscale Protests Barring Of Its Bitcoin ETF Grayscale has made the decision…

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…

75,000 Plus XRP Holders Join Attorney Deaton’s Class Action Lawsuit Against the SEC.

More XRP owners are now complaining to the SEC that its litigation caused them to suffer significant losses. In a class action lawsuit brought against the Securities and Exchange Commission, John Deaton is defending more and more Ripple (XRP) holders.…

XRP Community Backs Ripple With Petition that Might Force White House Response

As Ripple officials prepare to battle the SEC in court, XRP enthusiasts are galvanizing themselves around a petition that seeks to deem XRP a currency (virtual currency). The XRP enthusiasts have made enough noise to potentially get the White House…

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