The U.S. Securities and Exchange Commission (SEC) has pushed back its decision on multiple high-profile cryptocurrency ETF proposals, including Bitwise’s bid to incorporate Ether staking and Grayscale’s plan to launch an XRP ETF. The delays, announced on May 20, were anticipated by industry analysts who noted the regulator’s tendency to ...
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against crypto company Unicoin Inc. and several of its top executives, alleging a large-scale investor fraud involving unregistered and misleading securities offerings worth over $100 million. The complaint, lodged in the Southern District of New York on May 20, ...
Tensions over crypto regulation at the U.S. Securities and Exchange Commission (SEC) reached a boiling point as its sole Democratic Commissioner, Caroline Crenshaw, criticized the agency’s current regulatory strategy, warning it is dismantling decades of market safeguards. At the SEC Speaks event on May 19, Crenshaw likened the agency’s approach ...
Early on May 13, the official X accounts of Ethereum Layer 2 network ZKsync and its developer Matter Labs were compromised in a phishing attack that spread misinformation about U.S. regulatory investigations. The incident sparked alarm in the crypto community, as hackers used the hijacked accounts to publish fake statements ...
The U.S. Securities and Exchange Commission (SEC) has officially dismissed its long-standing case against Ian Balina, a prominent cryptocurrency influencer and the founder of AI-driven investment platform Token Metrics. In a joint filing submitted to a Texas federal court on May 1, the SEC stated it “believes the dismissal of ...
The United States Securities and Exchange Commission (SEC) is set to host a high-profile roundtable on crypto custody, bringing together industry leaders, regulators, and legal experts to discuss the future of digital asset safekeeping. The event, scheduled for April 25, addresses growing concerns about how cryptocurrencies are stored and protected, ...
The U.S. Securities and Exchange Commission (SEC) has officially concluded its legal proceedings against Richard Schueler, the founder of Hex and widely known as Richard Heart. In a letter addressed to New York District Court Judge Carol Bagley Amon, which Heart posted on X, the SEC confirmed that it "does ...
The Securities and Exchange Commission (SEC) of the Philippines has officially launched its Strategic Sandbox (StratBox) program for Crypto-Asset Service Providers (CASPs). This initiative, detailed in SEC Memorandum Circular No. 09-2024, provides a controlled environment for companies to test innovative digital currency services. The goal is to inform future regulations ...
Jay Clayton, the former chairman of the U.S. Securities and Exchange Commission (SEC), has taken the helm as the new U.S. Attorney for the Southern District of New York (SDNY). His appointment marks a significant return to government service, bringing with him a notable record in cryptocurrency regulation and enforcement. ...
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against a prominent crypto executive, accusing them of orchestrating a fraudulent scheme that allegedly defrauded investors of $198 million. The SEC claims the executive misled investors by making false statements about the company’s financial health and the safety ...
