Tag: SEC

04
Jul
2023
Posted in Policy and Regulation

Bittrex’s challenge shocks SEC

Bittrex is one of the largest cryptocurrency exchanges that was founded in 2014 in order to trade Bitcoin (BTC), dogecoin (DGC), etc. It was founded by 3 cybersecurity engineers and…

26
Jun
2023
Posted in BSC Policy and Regulation

Binance Brazil Faces Investigation for Alleged Pyramid Schemes Amidst Mounting International Regulatory Pressure

Binance, the world’s largest cryptocurrency exchange, is currently under investigation in Brazil for its suspected involvement in pyramid schemes. This development adds to the growing international regulatory scrutiny faced by…

22
Jun
2023
Posted in BSC

SEC Files Lawsuit Against Coinbase, Leading to 12% Stock Drop, Over Exchange and Staking Programs

The Securities and Exchange Commission (SEC) has taken legal action against cryptocurrency exchange Coinbase, filing a lawsuit in a New York federal court. The SEC alleges that Coinbase has been…

22
Jun
2023
Posted in Bitcoin

Robert F. Kennedy Jr. Hails Bitcoin as “Perfect Currency” and Criticizes SEC’s Crypto Policy

Robert F. Kennedy Jr., a Democratic US presidential candidate for the 2024 campaign, has expressed his admiration for Bitcoin ($BTC), calling it the “perfect base currency.” Kennedy believes that cryptocurrencies…

22
Jun
2023
Posted in Altcoin Policy and Regulation

Ooki DAO Succumbs to Court Battle with CFTC, Forced to Shutdown

In a landmark court battle, Ooki DAO, a decentralized autonomous organization (DAO), has been ordered by a United States district judge to permanently shut down and pay a substantial civil…

22
Jun
2023
Posted in Policy and Regulation

Coinbase Presses Court to Compel SEC’s Regulation of Cryptocurrency Market

Coinbase, a prominent cryptocurrency exchange, has taken an unprecedented step in its conflict with the U.S. Securities and Exchange Commission (SEC) by filing a writ of mandamus in federal court….

22
Jun
2023
Posted in BSC

Binance Requests Gary Gensler’s Recusal from SEC Lawsuit, Citing Prior Relationship

In a recent development, Binance, the popular cryptocurrency exchange, has called for Gary Gensler, the chair of the United States Securities and Exchange Commission (SEC), to recuse himself from the…

21
Jun
2023
Posted in Altcoin Policy and Regulation

Gemini and Bankrupt Lender Genesis Seek Dismissal of SEC Lawsuit Over Earn Program

Gemini, a cryptocurrency exchange platform, and Genesis Global Capital, a bankrupt crypto lender, have jointly filed a motion to dismiss a lawsuit brought by the U.S. Securities and Exchange Commission…

21
Jun
2023
Posted in BSC

SEC Files Lawsuit Against Binance and CEO CZ, Citing Violations of Securities Rules

In a significant move by the United States Securities and Exchange Commission (SEC), the regulatory agency has initiated legal action against Binance, the world’s leading cryptocurrency exchange, as well as…

20
Jun
2023
Posted in Uncategorized

US Securities and Exchange Commission Moves to Freeze Binance US Assets

The US Securities and Exchange Commission (SEC) has reportedly filed a request with a federal court to freeze all assets belonging to Binance US. This action comes just two days…