April 18th, 2025
SEC Crypto News - Page 10
Terraform Labs Warns of Potential Shutdown of Products and Services by October 30
By Leon Okwatch
September 25th, 2024
The shutdown of Terraform Labs sets an important standard for how bankruptcies are handled in the crypto industry, and will likely influence future bankruptcy cases.
Patron NFTs Could Revolutionize Crypto Fundraising, Will SEC Approve?
By Bhushan Akolkar
September 25th, 2024
Infinex’s “Patron” non-fungible tokens (NFTs) available to both – retail investors and venture capitalists providing a level playing field to investors of all sizes.
SEC Chief Gary Gensler Explains Why He Won’t Repeal SAB 121
By Bhushan Akolkar
September 25th, 2024
SEC Chair Gary Gensler said that the SEC is forced to hold the SAB 121 accounting rules in place citing multiple bankruptcies like FTX, Terraform, Celsius, etc.
Ripple’s Win Against SEC Sets Stage for Long-Awaited Altcoin Surge, Says Analysts
By Bena Ilyas
September 23rd, 2024
Ripple’s legal victory over the SEC in 2024 boosted market confidence. XRP was declared a non-security in secondary market trades, giving the crypto industry much-needed regulatory clarity.
Securitize Names Wormhole as Official Interoperability Partner for Tokenized Assets
By Chimamanda U. Martha
September 20th, 2024
Both current and future products from Securitize will benefit from the Wormhole partnership, enabling them to function across various protocols, including both private and public blockchains.
Ripple Labs-backed XRP on Brink of Macro Bullish Breakout Fueled by Whale Investors
By Steve Muchoki
September 20th, 2024
The closure of the Ripple vs SEC lawsuit that saw the firm ordered to pay $125 million in civil penalty has significantly freed XRP from bearish sentiments.
Indian Supreme Court under Cyber Attack as Hackers Hijack YouTube Channel to Promote XRP
By Chimamanda U. Martha
September 20th, 2024
The recent breach of the Supreme Court’s YouTube Channel highlights a growing trend where cybercriminals are taking advantage of social media accounts belonging to individuals, businesses, and organizations to promote fraudulent cryptocurrencies.
US Federal Judge Dismisses Consensys Lawsuit against US SEC
By Bhushan Akolkar
September 20th, 2024
Consensys said that the Texas court today dismissed our lawsuit on procedural grounds without looking at the merits.
Terraform Labs Bags Approval to Wind Down Bankruptcy Operations
By Godfrey Benjamin
September 20th, 2024
The Terraform Labs startup is on track to wind down its operations after receiving the approval from Judge Brendan Shannon.
US SEC Wants Extension of Discovery Deadline in Coinbase Lawsuit
By Godfrey Benjamin
September 19th, 2024
Coinbase has reportedly agreed to a demand for a discovery deadline extension requested by the US SEC.
Pudgy Penguins CEO Luca Netz Dismisses SEC’s NFT Crackdown as ‘Nonsense’
By Chimamanda U. Martha
September 18th, 2024
In August, the SEC issued a Wells notice to OpenSea, the largest Ethereum-based NFT marketplace, signaling the regulator’s intention to take enforcement action.
XRP Poised for Major Bull Run, Analyst Sets Ambitious Double-Digit Target
By Leon Okwatch
September 18th, 2024
XRP has shown strong performance by maintaining critical support levels around $0.51 and rebounding to $0.58.
Ripple Labs-backed XRP on Cusp of Major Bullish Breakout Fueled by Rising Whale Activity
By Steve Muchoki
September 17th, 2024
The closure of the SEC vs Ripple lawsuit has been a major turning point for the XRP mainstream adoption.
Five SEC Commissioners to Testify before Congressional Committee
By Godfrey Benjamin
September 17th, 2024
The upcoming testimony of the US SEC Commissioners might involve talks about Ethereum and its securities status.
SEC Fines Flyfish Club $750,000 Over NFT Offering, Sparking Backlash from SEC Commissioners
By Temitope Olatunji
September 17th, 2024
The SEC fined Flyfish Club $750,000 for unregistered NFT securities, sparking dissent among commissioners advocating for clearer NFT regulations.