SEC goes after Robinhood; KangaMoon steady as market reacts
SEC issued a Wells Notice againast Robinhood, alleging securities violations. Crypto prices reacted lower, with Bitcoin (BTC) retreating to under $64,000. KangaMoon (KANG), a new crypto project for play-to-earn and…
SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF
SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024. The ETF plans to invest 80% in Bitcoin and 20% in Carbon Credit Futures-linked…
Nigerian BICCoN calls for crypto exchanges round table with SEC chief amid crackdown
Recently, crypto exchanges like Binance have found themselves under serious scrutiny in Nigeria The BICCoN-led initiative for a meeting between the SEC chief and crypto exchanges reflects a commitment to…
Thai SEC cracks down on misleading crypto ads
Thai SEC warns against deceptive crypto ads, urging compliance with regulations. Global regulators, the UK and Spain, have also been cracking down on misleading crypto promotions. Recent phishing incidents underscore…
SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M
SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors. Bitbot revolutionizes crypto trading with a non-custodial Telegram bot. The $BITBOT presale nears $3M presale with the token…
Consensys sues SEC for clarification on Ethereum (ETH) classification as a security
Consensys recently received a Wells notice from the SEC for its MetaMask product. Consensys aims to defend Ethereum’s status as a commodity. The company also challenges SEC’s authority over cryptocurrencies.…
SEC seeks $5.3 billion from Terraform Labs and Do Kwon
The US Securities and Exchange Commission (SEC) seeks a $5.3 billion judgement against Terraform Labs and co-founder & CEO Do Kwon. Terraform Labs filed a motion for settlement at $3.5…
TRON investors considering TON and Bitbot amid SEC lawsuit against Justin Sun
SEC lawsuit against Justin Sun casts doubt on TRON’s future. TON Network’s integration of USDT boosts Toncoin price by 12%. Bitbot’s AI-powered trading platform and $BITBOT token offer innovative solutions.…
U.S. SEC calls for public input on spot Ethereum ETF applications
SEC opens a comment period for Ethereum ETFs from Grayscale, Fidelity, and Bitwise. Analysts less optimistic about approval following SEC’s bitcoin ETF greenlight. May 23 deadline for SEC’s final decisions…
TRON Foundation and Justin Sun claim SEC lack jurisdiction over foreign defendants
TRON Foundation and Justin Sun lead other co-accused to challenge SEC’s jurisdiction in lawsuit. The defendants argue SEC lacks authority over foreign conduct and they seek dismissal. The defendants have…