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A federal magistrate judge has denied the SEC’s request to gain immediate access to Binance.US’s software, asking the regulator to provide more specific requests for discovery. Go to Source
Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. Go to Source
Merkle Science CEO Mriganka Pattnaik has offered a “contrarian” take, explaining that crypto firms won’t be vanishing from the United States anytime soon. Go to Source Powered by WPeMatico
The billionaire investor got stuck into a heated debate with former SEC official John Reed Stark over crypto regulation. Go to Source Powered by WPeMatico
U.S. District Judge Amy Berman Jackson has ordered the two entities to work towards a compromise. Go to Source Powered by WPeMatico
Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful. Go to Source Powered by WPeMatico
New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually all, if not all, crypto tokens are securities,” urging the regulator to “make crypto asset-related enforcement a top priority.” SEC Urged to ‘Aggressively’ Assert Authority Over … Read more
The U.S. Securities and Exchange Commission (SEC) has filed charges against crypto trading platform Beaxy and its executives. Additionally, the regulator alleged that the cryptocurrency exchange’s founder raised $8 million in an unregistered crypto token offering and “misappropriated at least $900,000 for personal use, including gambling.” SEC Charges Crypto Exchange Platform Beaxy The U.S. Securities … Read more
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, and resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative … Read more
