🚀 Stay Ahead with AltcoinDaily.co! 🌐 BIT Mining, formerly 500.com, has agreed to pay a $10 million penalty to resolve its alleged involvement in a bribery scheme. According to an investigation launched by the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (SEC), the company bribed Japanese government officials. Legal Repercussions and…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The future of cryptocurrency regulation in the United States may be on the brink of a significant shift. Former U.S. Securities and Exchange Commission (SEC) Chair John Reed Stark has sounded the alarm on a surge in crypto crime. He attributed this potential surge to an upcoming leadership change…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 After Donald Trump’s surprising victory in the recent presidential election, there is talk about possible changes in important regulatory positions, especially the US Securities and Exchange Commission (SEC) chair. Dan Gallagher, the Chief Legal Officer at Robinhood, is seen as one of the choices for this key role. As…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The regulator has intensified its legal pressure in the ongoing legal clash between Kraken and the U.S. Securities and Exchange Commission (SEC). In a recent filing, the SEC had requested that the Northern District Court of California dismiss several key defenses raised by Kraken. The SEC’s filing challenges Kraken’s…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 A transformative shift could soon ripple through the U.S. Securities and Exchange Commission (SEC). As Donald Trump secures a second term in office, analysts have predicted that this development could potentially lead to the resignation of SEC Chairman Gary Gensler. Patterns of Presidential Transitions Markus Thielen, the CEO of…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 A former high-ranking U.S. Securities and Exchange Commission (SEC) official has spoken out about a recent Wells Notice directed at Ethereum-based Web3 gaming platform Immutable. This development highlights the increasing scrutiny facing crypto projects and raises questions about the regulatory landscape for decentralized platforms. As the crypto industry grows,…
The US SEC has requested public comment about the XRP ETF-linked application from Grayscale. The prospects of XRP ETF remain debatable amid the sustained Ripple versus SEC legal battle. According to Nate Geraci, the US Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s XRP filing to launch an ETF. Specifically, the firm seeks to…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Ripple vs. United States Securities and Exchange Commission (SEC) lawsuit has dragged on for four years. Following the court ruling, stakeholders thought the matter had been settled. However, the SEC appealed the judgment, opening another chapter in the long-drawn legal battle. Fred Rispoli, a renowned crypto attorney, has…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 U.S. prosecutors prepared a plea offer in January for an Alabama man accused of hacking the social media account of the US. Securities and Exchange Commission (SEC). The hack led to a fake announcement about the approval of Bitcoin Exchange Traded Funds (ETFs). It sparked a brief but significant…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The United States Securities and Exchange Commission (SEC) has held back from taking a major decision. The U.S. SEC shifted its ruling on allowing exchanges to list options linked to spot Ethereum exchange-traded fund (ETF). According to a filing entered on October 11, the regulatory body remains undecided. The…
Crypto.com exchange is fighting back against the US SEC over a recently received Wells Notice. Crypto.com filed a lawsuit, one in many from crypto stakeholders, against the SEC. Popular crypto exchange Crypto.com filed a lawsuit against the US Securities and Exchange Commission following a recent Wells Notice from the regulator. The lawsuit names the SEC…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 In a significant move, cryptocurrency exchange Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC). The exchange has targeted its Chairman, Gary Gensler, and the agency’s four commissioners. This legal action comes in response to a Wells Notice, a preliminary warning indicating potential charges from…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 With Donald Trump stepping back into the spotlight as the Republican Presidential candidate, there is a growing clamor for changes in the crypto industry. Trump’s focus has turned to the Securities and Exchange Commission (SEC). He intends to oust the current SEC Chair, Gary Gensler. This decision stems from…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Billionaire entrepreneur Mark Cuban has voiced strong criticism at the U.S. Securities and Exchange Commission (SEC) in light of the FTX collapse. He argued that the SEC’s regulatory failures allowed the implosion of the once-prominent crypto exchange. In contrast, he praised Japan’s proactive regulatory framework, positioning it as a…
SEC Enforcement Director resigned hours before the Ripple lawsuit appeal. There is now a huge uncertainty regarding the direction of the Ripple versus SEC case. The US Securities and Exchange Commission (SEC) has filed to appeal a ruling that states XRP is not a security when traded on exchanges. Just before the appeal, the SEC…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitwise Asset Management has taken a bold step in seeking approval for a spot XRP exchange-traded fund (ETF). According to its S-1 filing with the United States Securities and Exchange Commission (SEC), the proposed ETF would track the value of XRP, one of the largest cryptocurrencies by market capitalization….
Coinbase and the SEC are engaged in a federal court fight on the formulation of new regulations for the digital asset sector. Coinbase asserts that the SEC has failed to furnish explicit rules for enterprises within the Bitcoin sector, notwithstanding its persistent counsel to “come in and register.” Paul Grewal, Coinbase’s chief legal officer, articulated…
Este artículo también está disponible en español. At the TOKEN2049 conference, SkyBridge Capital founder Anthony Scaramucci revealed that US Vice President and Democratic nominee Kamala Harris is working alongside industry advocates on her crypto policies before the November elections. Related Reading Kamala Harris “Distancing” From Warren And Gensler On Thursday, Anthony Scaramucci claimed to be…
In 2024, the US Securities and Exchange Commission (SEC) has imposed $4.68 billion in fines on the crypto sector, representing a 3,018% rise from the prior year. This signifies a transition towards impactful enforcement measures in the cryptocurrency sector, focusing on cases that establish important precedents for the industry. The SEC asserts that these penalties…
August 29, 2024 at 01:15 AM GST updated: August 28, 2024 at 11:12 PM 2 mins read News OpenSea receives a Wells Notice from the SEC, indicating a potential lawsuit over NFTs as securities. OpenSea sets up $5M legal defense fund for creators amid SEC securities classification dispute. SEC’s past actions include hefty fines on…
Brandon Biggs, known for accurately predicting Trump’s shooting, has speculated a dramatic price surge for XRP. As XRP’s on-chain activity surges, the cryptocurrency remains a focal point in discussions, especially amidst ongoing regulatory challenges with the U.S. SEC. Popular crypto handle Amelie on the X platform recently stirred major discussion by sharing the video of…
Analysts, including Bloomberg’s Eric Balchunas, suggest that the approval of spot Solana ETF has a “snowball’s chance in hell” due to ongoing SEC concerns. In contrast to the U.S., Brazil’s Securities and Exchange Commission (CVM) has approved its second Solana ETF within a month. The chances of spot Solana ETF approval in the United States…