Kraken Pushes for Jury Trial in SEC Lawsuit
TL;DR Kraken Requests Jury Trial: Kraken has officially sought a jury trial in its legal battle with the U.S. SEC, following a judge’s decision to advance...
Tag : sec
eToro to Pay $1.5 Million Fine to SEC and Restrict Its Crypto Offerings in the U.S.
TL;DR eToro has agreed to pay $1.5 million to the SEC and will limit its crypto offerings in the U.S. to Bitcoin, Bitcoin Cash, and...
Key Meeting Between Crypto Executives and Kamala Harris Has Been Postponed
TL;DR The meeting between crypto executives and Vice President Kamala Harris, scheduled for this Monday, has been postponed to later in the week, with no...
The SEC Opens Debate on Staking in Cryptocurrency ETFs: Impact and Perspectives
TL;DR Hester Peirce from the SEC has proposed reconsidering staking and in-kind redemption in cryptocurrency ETFs, sparking debates on regulatory flexibility. Peirce suggests that practices...
Ripple vs SEC: Garlinghouse Believes Gensler Will Cause Biden’s Defeat in the Elections
TL;DR Brad Garlinghouse, CEO of Ripple, suggested that Gary Gensler could negatively impact Joe Biden’s electoral chances in November. At the Bloomberg Invest Summit, Garlinghouse...
Ripple Challenges SEC’s $2 Billion Fine, Citing Terraform Labs Case
TL;DR Ripple argues that the SEC’s proposed fine is disproportionate compared to the Terraform Labs case. The SEC sought a $2 billion fine against Ripple,...
Terraform Labs and CEO Do Kwon Reach Tentative Settlement with SEC Over Fraud Charges
TL;DR Terraform Labs and CEO Do Kwon have reached a tentative settlement with the U.S. SEC over fraud charges related to their cryptocurrency offerings, particularly the...
Hashdex Withdraws its Ethereum ETF Application: What Happened?
TL;DR Hashdex withdraws its application for an Ethereum ETF just as the SEC approves ETH-based financial products. Hashdex’s proposal featured a unique approach, combining physical...
Lawmakers Push for Ethereum ETFs as SEC Faces Critical Decision
TL;DR Lawmakers across the aisle are pushing the SEC to approve spot Ethereum ETFs, citing the positive reception of Bitcoin ETFs earlier this year. They argue...
Genesis Reaches Historic $2 Billion Settlement with New York Attorney General
TL;DR Genesis reaches a $2 billion settlement with the New York Attorney General to repay defrauded investors. The settlement includes the creation of a Genesis...