April 18th, 2025
SEC Crypto News - Page 12
Abra Agrees to Settlement in Multi-States Securities Probe
By Godfrey Benjamin
August 27th, 2024
In the four years of its operation, the company has settled with about 25 states for operating without licenses. In June this year, it agreed to return as much as $82 million to customers in the United States.
Ripple Kickstarts RLUSD Minting on XRP Ledger and Ethereum
By Godfrey Benjamin
August 23rd, 2024
Ripple began putting effort into the development of RLUSD, which is pegged at 1:1 with the United States dollar, at the beginning of this year.
SEC Battles Hex Founder Richard Heart in Legal Dispute, Opposes His Attempt for Lawsuit Dismissal
By Temitope Olatunji
August 23rd, 2024
The United States Securities and Exchange Commission has opposed the Hex founder Richard Heart’s bid to dismiss its lawsuit against him.
Coinbase Plans One-to-one Conversion of EUR to EURC
By Godfrey Benjamin
August 22nd, 2024
A day after enabling the conversion, Coinbase plans to introduce a new EURC-USDC order book.
Terraform Labs Faces Crucial Chapter 11 Hearing on September 19 amid Bankruptcy Crisis
By Bena Ilyas
August 21st, 2024
The $4.5 billion SEC settlement marks one of the largest in crypto history, effectively barring Terraform Labs and its co-founder Do Kwon from the crypto industry.
Binance and CZ Face New Lawsuit Over Alleged Role in Crypto Theft
By Bena Ilyas
August 21st, 2024
The lawsuit accuses Binance of playing a pivotal role in the money laundering scheme, thereby violating the Racketeer Influenced and Corrupt Organizations Act (RICO).
Former Top Solana DEX Mango Markets Proposes $223K Deal to Resolve SEC Charges
By Leon Okwatch
August 20th, 2024
Mango Markets has introduced a proposal to pay $223,228 in penalties to the SEC and shut down operations involving its MNGO token.
Federal Judge Rejects SEC’s Motion in Tron Foundation Lawsuit
By Godfrey Benjamin
August 20th, 2024
The Tron ecosystem just scored a major win against the US SEC in a securities lawsuit that seeks to classify TRX as an investment contract.
XRP Lawsuit: SEC Has Only 10% Chance of Winning an Appeal, Ripple CLO Boasts
By Mayowa Adebajo
August 16th, 2024
According to Alderoty, the SEC has just a measly 10% chance of winning the appeal. That is, if the regulator truly goes through with it.
US Court of Appeals Revives HEX Manipulation Case against Binance.US
By Chimamanda U. Martha
August 13th, 2024
For Binance.US, the revival of this lawsuit adds to the growing list of regulatory and legal challenges the company faces in the United States.
Uniswap Labs’ Cumulative Front-End Fees Soar Above $50M Mark
By Godfrey Benjamin
August 13th, 2024
By April, Uniswap Labs increased the fee from 0.15% to 0.25%, which contributed to the surge seen today. Noteworthy, users can avoid paying the front-end fee by leveraging the services of DEX aggregators like 1inch, Cowswap, and Paraswap.
Coinbase Faults SEC’s Rule on Decentralized Exchanges, Says Its ‘Irrational’
By Mayowa Adebajo
August 13th, 2024
Grewal noted that it is an ‘irrational’ attempt by the SEC to assume that the same rules can apply to decentralized exchanges (DEXs) and the more traditional ones.
XRP Ledger Makes History with 90 Million Ledgers Closed
By Godfrey Benjamin
August 12th, 2024
This latest development underscores the engagement and adoption of the XRPL in the last few months.
XRP Options Market Surges as Traders Bet on $1.10 Price Spike by End of August
By Bena Ilyas
August 12th, 2024
The surge in XRP options activity is undoubtedly a bullish signal for the cryptocurrency.
XRP Price at Key Support: Could This Signal Recovery?
By Leon Okwatch
August 12th, 2024
Recent developments in the SEC vs. Ripple case could also influence XRP’s price.