SEC opposes Terraform’s $166M Dentons retainer amid legal battle
SEC legal battle with Terraform Labs over TerraUSD collapse continues to unfold. Funds allegedly diverted from investors and creditors to an “opaque slush fund” for lawyers. Terraform Labs faces intensified…
SEC sues HyperFund founders for $1.7B crypto ‘Ponzi’ scheme
HyperFund founders Lee and Chunga sued for $1.7B crypto scam. Chunga has agreed to a settlement, pending court approval, while Lee faces legal action. Additional charges have been filed by…
SEC confirms X account hack happened after a “SIM swap”
SEC says hacker that compromised its X account used a “SIM swap” attack. The unauthorised access had seen the hacker publish a fake spot Bitcoin ETFs approval announcement. Investigations into…
Bitcoin trades above $46k ahead of SEC ETF decision: Will it rally higher?
Key takeaways Bitcoin is trading above $46k as market experts expect the US SEC to approve a spot Bitcoin ETF soon. Bitbot’s presale is launching in a week and the…
Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation
Goldman Sachs eyes a pivotal role in collaboration with BlackRock and Grayscale. The regulatory landscape faces challenges, but SEC discussions with major exchanges signal a potential shift. The inclusion of…
Crypto highlights this week: Shiba Memu presale, SEC deadline for Bitcoin ETF amendments
Shiba Memu on the cusp of market debut as SEC sets deadline for ETF amendments. The SHMU presale ends on December 30, 2023, with debut on crypto exchanges to follow.…
BarnBridge DAO agrees to settle $1.7M with the SEC for charges against it
BarnBridge DAO, founders to settle SEC charges for $1.7M over unregistered SMART Yield bonds. SEC alleges failure to register crypto asset securities, cites violation of securities laws. Gurbir Grewal emphasizes…
SEC denies rulemaking petition filed by Coinbase
The Securities and Exchange Commission (SEC) has denied the rulemaking petition filed by Coinbase. SEC Chair Gary Gensler says current laws enough for investor proections. Commissioners Hester Peirce and Mark…
First Trust seeks SEC approval for Bitcoin ‘Buffer ETF’ to safeguard investors
First Trust files for Bitcoin Buffer ETF with SEC, aiming to mitigate risk via options. Buffer ETFs gaining momentum, 139 trading on US markets, $32.54B AUM. Buffer ETFs don’t guarantee…
Ethereum monopoly talk sparks SEC concern; whales monitoring Borroe Finance presale
In the dynamic and often unpredictable world of cryptocurrencies, Ethereum has recently found itself at the centre of a complex monopoly debate, closely watched by the SEC. Simultaneously, in the…