Tag Archives: SEC

The speculation surrounding the approval of an Ethereum (ETH) spot ETF (exchange-traded fund) has created expectations among crypto investors. After the historic approval and launch of Bitcoin spot ETFs in the US in January, all eyes have turned to the May 23rd deadline. In the most recent development, the US …

In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons. The firm argues that the SEC’s objection represents a troubling example of “government overreach” and aims to …

Jake Chervinsky, Chief Legal Officer of cryptocurrency company Variant, has posted on X that he doubts the likelihood of a spot Ethereum (ETH) ETF approval this year. Chervinsky’s comments come amid a bull run in the cryptocurrency markets, and he believes such an ETF could grow the market further. SEC …

In a thought-provoking address at the ETHDenver Web3 hackathon, US Securities and Exchange Commission (SEC) Commissioner Hester Peirce expressed her concerns over the regulatory body’s handling of the cryptocurrency industry.  Known for her pro-crypto stance and support for blockchain technology, Peirce lamented the lack of clear rules and the SEC’s …

According to a Reuters report, the US Securities and Exchange Commission (SEC) has raised concerns regarding Terraform Labs’ hiring of the law firm Dentons and the payment of litigation costs for its employees during the company’s bankruptcy proceedings.  The SEC argues that a $166 million retainer payment made to Terraform …

TL;DR Bitcoin’s price surged from $51,000 to nearly $64,000 in two days, with significant volatility and expert predictions of a major bull run influenced by the upcoming halving event. Ripple is dealing with an SEC legal battle and has partnered with the Axelar Foundation to improve the XRP Ledger’s interoperability …

The cryptocurrency market is abuzz with anticipation as multiple issuers vie for a spot on the Ethereum ETF landscape. Following the successful launch of spot Bitcoin products, the quest for Ether-based investment vehicles has gained momentum. However, the path ahead is fraught with challenges, as the US Securities and Exchange …

In the ongoing XRP lawsuit between the US Securities and Exchange Commission (SEC) and Ripple Labs, Inc., the SEC has formally requested a modification to the current schedule for remedies-related briefing. The request, directed to Judge Analisa Torres of the Southern District of New York, seeks a one-week extension across …

TL;DR Ripple is sued in a class action for allegedly selling its XRP token without required legal registrations, with a trial set for October 2024. The firm is also fighting the SEC in court over claims it conducted an unregistered $1.3 billion securities offering. Fighting on a Second Front According …

According to a local media report, South Korea’s Financial Supervisory Service (FSS) Chairman, Lee Bok-hyun, is scheduled to meet with the United States Securities and Exchange Commission (SEC) Chairman, Gary Gensler, in May to deliberate on the classification of non-fungible tokens (NFTs) and the approval of spot Bitcoin exchange-traded funds …

TL;DR Bitcoin experienced significant price fluctuations in the past few days, soaring to nearly $53,000 before dipping below $51,000, with predictions of future increases based on on-chain metrics and the upcoming halving. Ripple continues to fight the SEC over XRP’s classification as a security, getting partial court victories and expanding …

A Texas-based crypto company, Lejilex, along with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC), alleging ‘regulatory overreach’ and seeking ‘clarity on the classification of digital assets.’ The lawsuit, filed in a federal court in Fort Worth, contends that …