Tag: SEC

Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages

Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages

The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start of the year due to several outages suffered in their systems. Crypto Exchange Suffered Three Massive Outages Since the Beginning of 2021 According to Bangkok […]

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Acting chair of SEC named as Gary Gensler awaits confirmation

Acting chair of SEC named as Gary Gensler awaits confirmation

SEC commissioner Allison Herren Lee has been named acting chairwoman of the U.S. securities regulator, according to a statement from the agency released Thursday. Lee, who became an SEC commissioner in mid-2019, will serve in an acting capacity as newly-inaugurated president Joe Biden’s pick, Gary Gensler, awaits confirmation in the U.S. Senate. “It’s an honor […]

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eToro Halts XRP Trading For US Citizens Following The SEC Charges

eToro Halts XRP Trading For US Citizens Following The SEC Charges

The US Securities and Exchange Commission charges on Ripple have pushed another platform, namely eToro, to suspend trading for the company’s native cryptocurrency. The Israeli exchange will prohibit the purchase and trading of XRP for US citizens starting from January 24th. eToro Joins The List Of XRP Suspending Exchanges Founded in 2006 in Israel, eToro […]

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UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as an unregistered security should allow them to get funds […]

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Largest Asset Manager BlackRock May Start Trading Bitcoin Futures

The world’s largest asset manager, BlackRock, may start trading cash-settled Bitcoin futures. This is according to new filings with the US Securities and Exchange Commission (SEC). BlackRock is the world’s largest asset manager, with almost $8 trillion worth of assets under management last year. To put it in perspective – that’s almost 8 times the […]

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Ripple won’t go to Supreme Court seeking settlement – lawyers weigh in

According to Anderson Kill’s partner Stephen Pally, the SEC vs. Ripple case is unlikely to go to the Supreme Court. The lawsuit against Ripple’s founders shows the “level of egregiousness of the case.” On the latest episode of the “Unchained” podcast, Laura Shin spoke with attorneys Stephen Pally, partner at Anderson Kill, and Gabriel Shapiro, […]

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Biden officially names Gary Gensler for SEC chairman post

Biden officially names Gary Gensler for SEC chairman post

President-elect Joe Biden has officially named Gary Gensler as his pick for chairman of the U.S. Securities and Exchange Commission (SEC), confirming previous media reports. Gensler was chairman of the U.S. Commodity Futures Trading Commission (CFTC) from 2009 to 2014, and since November, he has led Biden’s transition planning for financial industry oversight. As the […]

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Former SEC official questions ‘true motive’ of lawsuit against Ripple

Joseph Grundfest reportedly warned Jay Clayton and the SEC about filing the lawsuit against Ripple Labs for “potentially billions in losses” to investors. The former SEC Commissioner questions “the true motive of Clayton and the SEC.” John E. Deaton, an attorney who focuses on the cryptocurrency sector among others, yesterday posted a thread on Twitter […]

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YouTubers bet on XRP – Is a 2000% price increase possible after SEC lawsuit?

According to the “XRP Researcher”, the XRP price could increase by more than 2000% after the SEC lawsuit World famous YouTuber Daniel Keem bought 1 million XRP worth $276,600 to profit from a Ripple-favoring outcome of the SEC lawsuit. The US Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs has massively hurt XRP investors. […]

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