Is $XRP Entirely Clear of SEC? Gary Gensler Remains Defiant on Crypto
WEB1 day ago · On August 7, 2024, a US District Court ordered Ripple Labs to pay the U.S. SEC a fine of over $125 million as part of the final judgment. Fans of XRP saw this as a win — the project can move on and continue with its goals without interference. But even if the battle is won, Gensler still has issues with crypto. Table of Contents.
Crypto Assets - SEC.gov
WEBSep 3, 2024 · From at least October 2018 through September 2022, BKCoin raised approximately $100 million from at least 55 investors to invest in crypto assets, but BKCoin and Kang instead used some of the money to make …
Audit Firm Prager Metis Settles SEC Charges for Negligence in FTX ...
WEB2 days ago · The Securities and Exchange Commission today announced that Prager Metis CPAs, LLC (Prager) and its California professional services firm, Prager Metis CPAs LLP, (collectively, the Prager Entities) agreed to pay $1.95 million to resolve two actions alleging misconduct in its audits of the now-defunct crypto asset trading platform, FTX, and auditor independence violations.
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP
WEB1 day ago · Daniel Gallagher, a former SEC commissioner, recounted Robinhood's difficulty in trying to comply with the agency's views on crypto and argued the regulator has ignored its own authority to do ...
It's time to update the SEC's disclosure process for crypto
WEB1 day ago · Equally important is the need to provide for ongoing disclosures for new and existing securities. SEC Commissioner Mark Uyed called for an update to the S-1 form to better handle crypto. Source: X ...
SEC asks court for four months to produce documents for Coinbase
WEB15 hours ago · In a Sept. 18 filing in the US District Court for the Southern District of New York, the SEC asked a federal judge to grant the commission a four-month extension to complete discovery with ...
SEC.gov | What’s Past is Prologue: Enforcing the Federal Securities ...
WEBJul 2, 2024 · And just this week, the SEC alleged that a noncompliant crypto intermediary simultaneously acted as exchange, broker, and clearing agency without registering with the SEC—thereby putting investors at risk from conflicts of interest and inadequate oversight.
SEC Charges 3 Individuals, 5 Companies With Operating Pig
WEB2 days ago · The SEC’s lawsuit against purported crypto trading platform NanoBit alleges that participants in the scheme – including three U.S. residents named in the suit, 28-year-old Jiajie Liu of Los ...
WEBSEC-regulated securities exchanges in buying and selling digital assets. But these platforms are not subject to the same level of regulation, suggesting that they may be less transparent and more susceptible to manipulation and fraud.
Lawmakers to Question SEC’s Crypto Enforcement in Key Hearing
WEB2 days ago · US lawmakers will hold a hearing on the SEC’s approach to crypto regulation. Key witnesses, including former SEC commissioners, will testify at the hearing. Critics argue that the SEC’s aggressive enforcement actions stifle innovation. The US House Subcommittee on Digital Assets, Financial Technology, and …