April 18th, 2025
SEC Crypto News - Page 9
Bitnomial Sues US SEC over XRP Futures Classification, Industry Leaders Support
By Bhushan Akolkar
October 11th, 2024
In the lawsuit, Bitnomial has challenged the SEC’s assertion that XRP futures contracts fall under its jurisdiction as “security futures”.
SEC Exposes Market Manipulation Scheme Involving Gotbit, What Does It Mean for Crypto Market?
By Temitope Olatunji
October 10th, 2024
The SEC exposed a cryptocurrency market manipulation scheme involving Gotbit, sparking panic but potentially leading to long-term market resilience.
South Korea Considers Lifting Ban on Spot Crypto ETFs
By Chimamanda U. Martha
October 10th, 2024
The discussion around lifting the ban on spot crypto ETFs opens up a broader conversation about market dynamics and competition within South Korea’s digital asset space.
US SEC Joins Hands with DOJ, FBI in Crackdown on Fraudulent Crypto Firms
By Bhushan Akolkar
October 10th, 2024
The US SEC has accused Gotbit Consulting and its marketing director Fedor Kedrov of market manipulation via wash trading on behalf of individuals promoting digital assets like Robo Inu and Saitama.
Former California Attorney Sentenced to 5 Years Probation, Ordered to Pay $14M for Role in Crypto Ponzi Scheme
By Temitope Olatunji
October 9th, 2024
David Kagel, 86, a former California lawyer, was sentenced for defrauding investors in a crypto scam.
Cathie Wood’s Ark Invest Goes on COIN Buying Spree, Buys $2.2M of Coinbase Shares
By Bhushan Akolkar
October 9th, 2024
The latest purchase brings Ark’s total holdings in Coinbase to approximately $67 million, representing 7.43% of the fund’s value.
Large XRP Whale Movements Spark Concern amid SEC Appeal
By Temitope Olatunji
October 4th, 2024
The SEC’s appeal impacts XRP, leading to whale movements, price uncertainty, and divided sentiment within the XRP community.
Mark Cuban Criticizes SEC, Suggests Better Regulatory Approach Could Have Saved FTX and 3AC
By Mayowa Adebajo
October 4th, 2024
Cuban’s recent criticism of Gensler’s ways is a direct reflection of what the majority of the crypto industry thinks of the SEC Chair.
Lejilex Seeks Legal Protection against SEC Overreach in Crypto Regulation
By Temitope Olatunji
October 4th, 2024
Lejilex has filed for court protection against SEC enforcement, arguing it facilitates crypto transactions, not securities sales, amid regulatory disputes.
Nvidia Faces Growing Pressure in Crypto Sales Suit Backed by US Justice Department and SEC
By Mayowa Adebajo
October 4th, 2024
Other amicus briefs have also been filed in support of Nvidia investors.
XRP Price Tanks 11% after US SEC Appeals Court Decision on Ripple Lawsuit
By Bhushan Akolkar
October 3rd, 2024
Ripple’s Chief Legal Officer, Stuart Alderoty, criticized the SEC’s appeal, calling it an extension of the agency’s “litigation warfare”.
SEC’s Appeal Could Crush Bitwise’s XRP ETF Dreams amid Ripple Ruling Uncertainty
By Mayowa Adebajo
October 2nd, 2024
The SEC has until October 7, 2024 to put forward an appeal.
SEC Deadline Looms for XRP Lawsuit Appeal, What Happens Next?
By Bhushan Akolkar
October 1st, 2024
Legal experts, including former SEC attorneys, believe an appeal is likely, citing concerns about inconsistencies in rulings related to programmatic XRP trading.
Former SEC Lawyer Reveals Commission Could Appeal Ripple (XRP) Case: Expert Thoughts
By Temitope Olatunji
September 27th, 2024
Top lawyer says the SEC’s potential appeal is a complete waste of taxpayer money.
Mark Cuban Eyes Gary Gensler’s Seat at US SEC
By Godfrey Benjamin
September 26th, 2024
Mark Cuban has voiced his interest in leading the US SEC under Kamala Harris’ administration.