Do Kwon withdrew $100M worth of BTC via Swiss bank, SEC says
Do Kwon reportedly held 10,000 BTC in a cold wallet. The now fugitive Terraform Labs founder reportedly cashed out a massive $100 million worth of Bitcoin through a bank in…
Terra LUNA price plunges: SEC charges Terraform Labs for fraud
The SEC has charged Terraform and its founder with fraud. The SEC accuses Terraform Labs of embezzling billions of dollars from investors. The news has sent the price of Terra…
How to play BTC miners after the recent SEC crackdown?
Bitcoin miners are having a rather challenging February. SEC has recently taken an aggressive stance against crypto. H.C. Wainwright analyst still rates four BTC miners at “buy”. Bitcoin miners had…
SEC could scrap crypto staking, Coinbase CEO reveals
Coinbase CEO Brian Armstrong tweeted saying The SEC could ban crypto staking Armstrong however said that crypto staking is an essential innovation in crypto. The revelation was met with criticism…
SEC rejects Ark 21Shares’ spot Bitcoin ETF again
SEC has denied the Ark Investment and 21 Shares joint spot Bitcoin ETF application. The agency says proposal failed to meet requirements as per securities laws, citing fraud and manipulative…
Nexo to pay $45 million to settle SEC charges
Nexo reached a $45 million settlement with US regulators, including the SEC. The crypto lender allegedly offered unregistered securities via its Earn Interest Product. Nexo will pay $22.5 to state…
US SEC has filed charges against Gemini and Genesis
The US SEC is accusing Gemini and Genesis of selling unregistered securities. Genesis and Gemini did not register their partnership as a lending partnership. Genesis has been having liquidity issues…
Thailand SEC goes after cryptocurrency exchange Zipmex amid buyout
Zimpex is in the process of being acquired by V Ventures. The Thailand SEC is probing the exchange for breaching local rules. These are allegations that Zimpex has been operating…
SEC vs Ripple verdict will have implications for Ethereum too
The SEC vs Ripple verdict is expected to come in 2023. The implications will be significant for Ethereum too. The SEC vs Ripple verdict will likely be the biggest crypto…
Crypto pundit thinks Ripple will lose against the SEC. Here is how XRP is behaving
XRP has been trading at or slightly below the $0.4 resistance Gene Hoffman expects SEC to win the case against Ripple XRP awaits further triggers for a breakout or drop…