Ripple Labs files notice of cross-appeal in ongoing battle against the SEC
Ripple Labs filed its cross-appeal in the US Court of Appeals for the Second Circuit The company is attempting to contest an August 7 judgement made by Judge Analisa Torres…
SEC sues crypto market maker Cumberland DRW
SEC has sued market maker Cumberland over offering and sale of unregistered securities. The regulator says Cumberland violated the US securities laws by operating as an unregistered dealer. The US…
Crypto.com sues the US SEC after Wells notice
com has sued the SEC for overreaching its regulatory authority over crypto. The lawsuit challenges SEC rules categorizing most crypto transactions as securities. com seeks clarity on crypto derivatives through…
Bitwise files Form S-1 for XRP ETF with SEC
The first XRP ETF filing is now with the US Securities and Exchange Commission Bitwise submitted a Form S-1 filing for approval to launch an XRP ETF on October 2,…
SEC settles with Mango Markets over MNGO token sales
SEC announced it settled with Mango Markets over sale of unregistered tokens in $70 million coin offering Mango DAO, Blockworks Foundation have agreed to pay $700,000 in civil penalties. The…
Mark Cuban voices interest in becoming the next SEC chair
Mark Cuban claims that Gensler is “awful” for crypto and all businesses Cuban highlighted Harris’s promise to advance technologies such as AI and blockchain Lawyer John Deaton said Cuban would…
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under SEC rules
US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase,…
Curve Finance considers dropping TUSD from crvUSD backing amid SEC charges
Curve Finance is considering dropping TUSD from crvUSD backing amid SEC charges. The SEC alleges TUSD was mostly backed by a risky offshore fund, not U.S. dollars. Proposed changes include…
eToro settles with SEC, to cease most crypto trading activity
eToro has agreed to cease most of its crypto trading activities after settling with the SEC. the company will pay a fine of $1.5 million and delist all coins except…
SEC charges two brothers in $60 million Ponzi scam
The Securities and Exchange Commission filed charges against Jonathan Adam and Tanner Adam over a $60 million Ponzi scheme. SEC says it received emergecy relief to freeze the brothers’ assets…