Robinhood Becomes the newest Victim of the SEC’s Regulatory Investigation
The recent announcement by Robinhood reveals that the firm was subpoenaed by the SEC back in December 2022. The firm stated that it received a...
Tag : sec
SEC Investigates Violations of Investor-Protection Laws in Stablecoin Issuance
According to recent reports, the Securities and Exchange Commission (SEC) is looking into the possibility of investor protection rules being broken by stablecoins. Stablecoins are...
Binance Reportedly Transferred $400M from a US Account to CZ’s Firm
Recently, an investigative report has surfaced that points fingers at Binance for transferring a sum of $400M to a firm owned by Changpeng Zhao. An...
Paxos Will Stop Issuing Binance USD – Report
In a recent development, Paxos has been ordered to halt the issuance of the stablecoin, Binance USD (BUSD). It is reported that the SEC is...
SEC Launches an Investigation Against Kraken Over Securities Violation
The SEC continues to tighten its grip around crypto firms, as it has now targeted a San-Francisco based crypto exchange, Kraken, for violating securities laws....
SEC’s Overprotection Hampers Bitcoin Growth in the US, CEO of Grayscale Says
The Securities and Exchange Commission’s (SEC) actions, according to Grayscale CEO Michael Sonnenshein, are preventing the adoption of bitcoin (BTC) in the US....
Sensible Crypto Regulation Isn’t Coming Soon, John Deaton Dares Congress
John Deaton, the founder of the Deaton Law Firm and an attorney for the XRP community, has released a statement regarding cryptocurrency regulations in the...
Nexo Agrees to Pay US Regulators $45 Million in Fines
The Securities and Exchange Commission (SEC) has accused the Nexo cryptocurrency platform of failing to register the offer and sale of its retail crypto asset...
Gemini and Genesis Charged for Selling Unregistered Securities
On January 12th, the SEC filed charges against Genesis and Gemini, two cryptocurrency exchanges, alleging that they sold unregistered securities in conjunction with a high-yield...
SEC Chair Gary Gensler Advises US Army Not to Invest in Crypto
Gary Gensler, the head of the Securities and Exchange Commission (SEC) of the United States, has never been a fan of cryptocurrencies and has found...