SEC

Highlights: The Texas court dismissed Consensys’ lawsuit against the SEC on procedural grounds. Consensys aimed to clarify Ethereum’s status and protect MetaMask services.  ConsenSys plans to continue fighting for blockchain developers’ rights. The United States District Court for the Northern […]

Highlights: The SEC seeks an additional four months to review over 133,000 documents in the Coinbase lawsuit. The new deadline for discovery in the SEC vs. Coinbase case could extend until February 2025, beyond the elections. Coinbase has agreed to […]

Highlights: SEC charged Rari Capital and its co-founders with misleading investors and operating as unregistered brokers. Rari Capital misrepresented investment profitability and imposed hidden fees, resulting in investor losses. SEC increases scrutiny on crypto projects, with significant penalties imposed. On […]

Highlights: SEC charges NanoBit and CoinW6 for using social media to defraud crypto investors. NanoBit misappropriated over $2 million, transferring funds to Hong Kong for cryptocurrency theft. Romance scams fuel crypto fraud surge, with losses exceeding $3.5 billion in 2023. […]

Highlights: SEC fines Prager Metis $1.95 million for negligent audits of FTX. Prager Metis lacked auditing competence and violated independence rules with FTX. Sam Bankman-Fried appeals conviction, claiming FTX collapse was mismanagement, not intentional fraud. The U.S. Securities and Exchange […]

Highlights: Top Republican lawmakers expressed concerns about the SEC’s handling of airdrops.  They argue that the SEC’s approach could stifle blockchain technology and hinder decentralization.  The lawmakers seek answers on how airdrops are treated under securities law and their broader […]

Highlights: World Liberty Financial, endorsed by the Trump family, will launch WLFI. WLFI will be SEC-regulated, non-transferable, and limited to accredited investors. The project aims to boost stablecoin adoption and the use of Aave-based credit systems. Donald Trump’s entry into […]

Highlights: The SEC retracted its “crypto asset securities” term, aiming for clarity. The agency maintains that Binance and Kraken still face securities charges. Industry leaders criticize the SEC’s inconsistent approach and call for transparency. In a footnote from a Sept. 12 […]

Highlights: Kraken challenges the SEC’s authority, arguing digital assets are not securities under the Securities Act and Exchange Act. Kraken seeks a jury trial, maintaining its stance that it did not violate federal securities laws. SEC lawsuit against Kraken proceeds […]

Highlights: The new bill aims to create a Joint Advisory Committee between the SEC and CFTC for crypto regulations. The committee will also include 20 non-governmental members, offering guidance on digital asset policies. It will also explore blockchain technology’s potential […]

Highlights: eToro agrees to a $1.5M settlement with the SEC and restricts U.S. crypto trading to Bitcoin, Ethereum, and Bitcoin Cash. SEC charges eToro with operating as an unregistered broker and clearing agency for trading crypto assets classified as securities. […]

Highlights: CFTC partners with federal and private agencies to fight pig butchering scams. The new infographic highlights scam tactics and offers protection tips for consumers. The rise in crypto scams costing billions prompts increased multi-agency fraud prevention efforts. According to […]