Tag: Securities and Exchange Commission
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
"Similarly, Kraken has held at times more than $5 billion worth of its customers’ cash, and it also commingles some of its customers’ cash with some o [...]
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the indus [...]
U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown
As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U. [...]
U.S. SEC Said to Open Talks with Grayscale (GBTC) on Spot Bitcoin (BTC) ETF Push
"There are still things that have to be worked through," Salm said in an interview, also noting that others among the applicants for bitcoin ETFs – a [...]
Crypto’s Bromance With U.S. CFTC May Be One-Sided, Enforcement Record Shows
In recent years, Behnam's agency has routinely been held up in crypto circles as the preferred U.S. regulator. Industry insiders have suggested its ha [...]
U.S. SEC’s Knock From GAO Unlikely to Budge Agency’s View on Crypto Accounting
SAB 121 has been chasing large banks and brokers away from the crypto sector, said Paul McCaffery, who works as a managing director focusing on digita [...]
SEC Charges SafeMoon Team With Fraud, Offering Unregistered Crypto Securities
"Unregistered offerings lack the disclosures and accountability that the law demands, and they attract scammers like Kyle Nagy, who use these vulnerab [...]
U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin 121: GAO
"Today, the GAO recognized SAB 121 for what it is: regulation under the guise of staff guidance," said Nathan McCauley, CEO and co-founder of Anchorag [...]
Do Kwon’s Terraform Labs (UST) Seeks Early Court Rejection of U.S. SEC Case
"After two years of investigation, the completion of a discovery period that resulted in the taking of more than 20 depositions, and the exchange of o [...]
Coinbase Poised to Make Final Court Pitch in Bid to Kill SEC Accusations Quickly
In Coinbase's last word on its motion to get the accusations tossed before trial, a person familiar with the plan said the company will double down on [...]