XRP price soars above $1 as SEC faces legal challenges and favorable regulatory changes loomBy RedWave MediaNovember 16, 20240 In December 2020, the SEC filed a lawsuit against Ripple Labs, alleging that the company engaged in an unregistered offering…
Former SEC lawyers agree: Cryptocurrency enforcement shackles may take time to resolveBy RedWave MediaNovember 14, 20240 The incoming chairman, appointed by Trump, who recently converted to cryptocurrencies, could effectively wipe out preparations for future enforcement actions,…
Kraken lawyer slams SEC legal strategy, points out similarities to Ripple blunderBy RedWave MediaNovember 7, 20240 Kraken's legal team, led by attorney Michael O'Connor, criticized recent attempts by the U.S. Securities and Exchange Commission (SEC) to…
Immutable becomes latest company to receive Wells notice from SEC regarding securities law allegationsBy RedWave MediaNovember 1, 20240 Immutable claims the notice “targets IMX's listing and private sale in 2021.” Immutable joins Coinbase Crypto.com, OpenSea, and others who…
NYSE Arca seeks SEC approval for Grayscale’s crypto index ETFBy RedWave MediaOctober 30, 20240 NYSE Arca has filed an application with the SEC to list its Grayscale exchange-traded fund (ETF) featuring a variety of…
SEC Chairman Gensler defends enforcement approach to cryptocurrencies amid criticismBy RedWave MediaOctober 22, 20240 SEC Chairman Gary Gensler pushed back against criticism of the SEC’s enforcement-driven regulatory approach to cryptocurrencies in an October 22…
FBI arrests Alabama man in connection with fake SEC Bitcoin ETF postsBy RedWave MediaOctober 17, 20240 eric council jr. He is charged with conspiracy to commit aggravated identity theft and access device fraud. In January, the…
Coinbase escalates SEC fight over internal SEC chatter about ETHBy RedWave MediaOctober 15, 20240 Coinbase hired History Associates Inc. to pursue communications with the SEC under the Freedom of Information Act, a process initially…
Ripple Labs files notice of cross-appeal in ongoing battle with SECBy RedWave MediaOctober 10, 20240 Ripple Labs has filed a cross-appeal with the U.S. Court of Appeals for the Second Circuit The company seeks to…
SEC sues crypto market maker Cumberland DRWBy RedWave MediaOctober 10, 20240 The SEC sued market maker Cumberland over the offering and sale of unregistered securities. Regulators say Cumberland violated U.S. securities…
