April 21st, 2025
SEC Crypto News - Page 108
Three Charged by SEC for Promoting Steven Seagal-backed ICO in 2018
By Kofi Ansah
February 2nd, 2021
The complaint alleges that John DeMarr and Kristijan Krstic violated federal securities laws during the raise back in 2018 and accuses DeMarr and his associate and company promoter Robin of aiding and abetting.
Melvin Capital Lost 53% in January, Hurt by GameStop Bets
By Godfrey Benjamin
February 1st, 2021
Despite the losses sustained by Melvin Capital amidst the GameStop bet going bad, the company still has very high liquidity.
Ripple Files Response to SEC Lawsuit against Alleged XRP Sales as Securities
By Bhushan Akolkar
January 30th, 2021
The blockchain startup noted that the SEC is unwilling to accept XRP’s utility. The Ripple general counsel also said that the SEC action has unnecessarily created doubt among investors leading to their huge financial losses with falling XRP.
Roblox Suspends Stock Market Listing Because of SEC Scrunity
By Oluwapelumi Adejumo
January 29th, 2021
This would not be the first time Roblox is suspending its listing plan.
Qualtrics Makes Nasdaq Debut with 51% Surge
By John K. Kumi
January 29th, 2021
The company had an earlier plan of pricing 50.4 million shares for $30, however, Qualtrics ended up selling 51.7 million at $41.85 per share under the ticker “XM”.
GME Stock Jumps 100% in Pre-market, Robinhood Allows Limited Buying of GameStop Shares
By Ibukun Ogundare
January 29th, 2021
Robinhood revealed that the limited trading of previously restricted securities would be resumed on Friday.
Coinbase Preparing to Go Public via Direct Listing
By Darya Rudz
January 29th, 2021
Coinbase has decided to join companies that chose direct listings rather than IPOs to go public and avoid diluting their existing shareholders and handing over cheap stock to new investors.
Ninepoint Partners Launches Bitcoin Trust Shares Just Like Grayscale
By John K. Kumi
January 28th, 2021
The Initial Public Offering for the Bitcoin Trust was completed for 230 million Canadian Dollars, equivalent to around 180 million USD.
Ripple Faces Another Lawsuit in Florida
By Oluwapelumi Adejumo
January 27th, 2021
Ripple has already faced a similar case filed against it by the SEC, which alleges that the XRP token is a security and not a crypto asset.
Cathie Wood: Crypto Market Cap Must Reach $2T for Bitcoin ETF to Be Approved
By Oluwapelumi Adejumo
January 27th, 2021
Catherine Wood also praised the newly nominated head of SEC Gary Gensler is “very pro Bitcoin”.
Coinbase to Offer Secondary Market on Nasdaq for Its Private Stock before IPO
By Bhushan Akolkar
January 25th, 2021
This move by Coinbase will allow all its current and past employees as well other private stockholders to sell their stock before the IPO on the Nasdaq Private Market.
Global Investment Manager VanEck Files for Digital Asset ETF with SEC
By Steve Muchoki
January 22nd, 2021
Bitcoin-based ETF may see the light of the day under the new Biden’s administration with Elad Roisman who will be the head of the SEC.
Ripple Co-founder Sells 28M XRP, Company Awaits Biden’s Administration
By Kofi Ansah
January 20th, 2021
Stu Alderoty’s sense of buoyancy was also highlighted in the post as he revealed that he believes Biden’s administration would make crypto regulation one of their top most priority over the next four years.
SPCE Stock Up 8% Now, Virgin Galactic Is Only for Investors with Considerable Risk Appetite
By Bhushan Akolkar
January 19th, 2021
Virgin Galactic is making bold moves in the space flight industry and could be a formidable player in the future, however, with the recent run-up of SPCE stock, one might consider waiting for better entry levels ahead.
Bumble Finally Files for IPO to Go Public
By John K. Kumi
January 18th, 2021
Another source reveals that Bumble filed for an offering with a size of up to $100 million. However, it is said that this could be a placeholder.