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SEC

US Justice Dept Seeking Over $4 Billion from Binance in Unsettled Court Case

by Isaac Wright
US Justice Dept Seeking Over  Billion from Binance in Unsettled Court Case

Binance Faces Unprecedented Legal Showdown as DOJ Pursues Record Settlement The US Department of Justice seeks over $4 billion from Binance, marking a landmark settlement in the cryptocurrency industry. Ongoing …

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The List of Cryptocurrencies the SEC Called a Security in the Latest Kraken Lawsuit

by Isaac Wright
The List of Cryptocurrencies the SEC Called a Security in the Latest Kraken Lawsuit

TL;DR SEC Sues Kraken: The SEC filed a lawsuit against Kraken, accusing it of operating without proper securities registration. Unregistered Crypto Allegations: The lawsuit targets Kraken for offering trades in …

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Ripple (XRP) Not Named a Security in the Latest SEC Filing v. Kraken

by Isaac Wright
Ripple (XRP) Not Named a Security in the Latest SEC Filing v. Kraken

TL;DR SEC’s Action Against Kraken: The SEC sued Kraken for operating without proper registration, highlighting compliance issues in the crypto industry. XRP Excluded from Kraken Lawsuit: XRP, Ripple’s token, was …

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Bittrex Global ceases trading amid operations wind down

by Isaac Wright
Bittrex Global ceases trading amid operations wind down

Bittrex Global is set to cease its trading operations globally on Dec. 4, following its U.S. arm’s legal settlement with the SEC and an ongoing complex regulatory landscape. Bittrex Global …

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The SEC Just Sued Kraken: Here’s Why

by Isaac Wright
The SEC Just Sued Kraken: Here’s Why

The U.S. Securities and Exchange Commission (SEC) filed a 90-page lawsuit against cryptocurrency exchange Kraken on Monday, re-centering the firm among a handful of crypto giants in the agency’s legal …

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How Low Will Bitcoin’s Price Crash if SEC Rejects Spot BTC ETF in January 2024?

by Isaac Wright
How Low Will Bitcoin’s Price Crash if SEC Rejects Spot BTC ETF in January 2024?

Bitcoin’s price has been on somewhat of a rollercoaster throughout the past seven days, but it appears that bulls currently have the upper hand. Data from Coinglass reveals that the market saw …

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SEC Records Second-Highest Financial Remedies of Nearly $5 Billion in FY 2023

by Isaac Wright
SEC Records Second-Highest Financial Remedies of Nearly  Billion in FY 2023

The U.S. Securities and Exchange Commission (SEC) in its latest report revealed that the number of enforcement actions filed in the fiscal year 2023 (FY2023) increased by three percent from …

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Hinman Documents Cast Shadow Over Gensler, SEC in Ripple (XRP) Case

by Isaac Wright
Hinman Documents Cast Shadow Over Gensler, SEC in Ripple (XRP) Case

Ripple Labs and the SEC are in discovery for the remedies phase of the Ripple case until February. Meanwhile, Gary Gensler recently gave a speech in which he quoted the …

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Former SEC General Counsel Denies Regulatory Discord Between Agency and CFTC in Crypto Oversight

by Isaac Wright
Former SEC General Counsel Denies Regulatory Discord Between Agency and CFTC in Crypto Oversight

The United States has persistently stumbled in delivering clear regulatory guidance for digital assets. The Securities and Exchange Commission (SEC) presides over instruments and assets deemed as securities, while the …

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It All Hangs on ‘XRP is a Utility Token at its Core’

by Isaac Wright
It All Hangs on ‘XRP is a Utility Token at its Core’

XRP token prices pared back profits the week ending Sat, Nov 18. After a wild mid-October run-up from $0.49 to $0.72, XRP fell to $0.61 by Sunday morning Tokyo time. …

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