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SEC

LBRY Shuts Down After Legal Battle With SEC

by Isaac Wright
LBRY Shuts Down After Legal Battle With SEC

LBRY Inc., a cryptocurrency platform, announced its closure due to a court failure against the Securities and Exchange Commission (SEC). The SEC charged LBRY with making an unregistered securities offering …

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XRP price gains 7.6% as SEC dismisses lawsuit against Ripple

by Isaac Wright
XRP price gains 7.6% as SEC dismisses lawsuit against Ripple

Ripple’s price has significantly jumped, increasing by 7.6% to reach $0.517. This uptick in Ripple’s value comes from the U.S. Securities and Exchange Commission (SEC) deciding to abandon its claims …

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Binance.US Now Has an Unexpected Ally in its Fight Against the SEC

by Isaac Wright
Binance.US Now Has an Unexpected Ally in its Fight Against the SEC

Binance.US has garnered support from a major crypto lobbyist group in warding off an ongoing lawsuit from the U.S. Securities and Exchange Commission (SEC). In a new amicus brief, the …

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Chamber of Digital Commerce alleges SEC is suing the equivalent of a “grocery store selling oranges”

by Isaac Wright
Chamber of Digital Commerce alleges SEC is suing the equivalent of a “grocery store selling oranges”

The United States-based Chamber of Digital Commerce has joined a collective effort to challenge the lawsuit between the SEC and Binance. In an amicus brief dated Oct. 19, the advocacy …

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Ripple’s Recent Victory Over the SEC is Not The Only Bullish Thing for XRP’s Price

by Isaac Wright
Ripple’s Recent Victory Over the SEC is Not The Only Bullish Thing for XRP’s Price

TL;DR Following Ripple’s SEC win, XRP surged to $0.53. Big investors now control 29.5% of its supply. Legal victories and increased holdings indicate potential for new XRP highs. Both human …

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Coinbase’s Grewal expresses optimism about approval of Bitcoin ETFs

by Isaac Wright
Coinbase’s Grewal expresses optimism about approval of Bitcoin ETFs

Coinbase Chief Legal Officer Paul Grewal discusses the prospective approval of Bitcoin spot ETFs by the U.S. SEC and its potential impact on the cryptocurrency landscape. In an Oct. 19 …

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Bitcoin Taps $30K Twice, Ripple (XRP) Scores Major Win v. SEC, and More: This Week’s Crypto Recap

by Isaac Wright
Bitcoin Taps K Twice, Ripple (XRP) Scores Major Win v. SEC, and More: This Week’s Crypto Recap

It’s been one hell of a week. Bitcoin’s price is up by a whopping 10% throughout it, and the entire market is painted in green. Ripple’s streak of wins against …

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Thor Technologies hit with $1.05m fine over unlicensed securities

by Isaac Wright
Thor Technologies hit with .05m fine over unlicensed securities

The U.S. Securities and Exchange Commission (SEC) has slapped Thor Technologies and its CEO, David Chin, with a $1.05m fine for promoting securities without the required license. The SEC found …

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Tesla whistleblowers filed complaint to SEC in 2021: What it said

by Horatio Thompson
Tesla whistleblowers filed complaint to SEC in 2021: What it said

A Tesla Model Y on a Tesla car lot in Austin, Texas, May 31, 2023. Brandon Bell | Getty Images In the fourth quarter of 2021, a Tesla employee and …

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DOJ scrutinizing Kazakh Freedom Holding after hit by short sellers

by Edgar Davis
DOJ scrutinizing Kazakh Freedom Holding after hit by short sellers

Freedom Holding CEO Timur Turlov speaks during a press interview in Moscow, Russia, Oct. 10, 2019. Maxim Shemetov | Reuters Freedom Holding, a Nasdaq-traded Kazakh financial firm that’s been the …

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