September 16, 2024 at 01:20 PM GST 2 mins read News The SEC’s strict crypto regulation allegedly led to a $15 billion loss for retail investors, according to pro-crypto attorney John Deaton. The SEC recently clarified that cryptocurrencies are not securities, marking a change from its previous regulatory stance. John Deaton, now a Senate candidate,…
Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the…
September 12, 2024 at 09:30 AM GST updated: September 12, 2024 at 09:33 AM 2 mins read News Crypto corporations contributed $119 million to 2024 U.S. elections, representing 48% of all corporate political spending. Ripple donated $1 million to unseat Senator Warren, with executives personally supporting GOP candidate John Deaton. Fairshake PAC, backed by Ripple…