SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption

A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against … Read more

Ripple CEO Sounds Alarm on SEC Chair Selection Amid Warnings of Oversight Risks

Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential appointment of Caroline Stebbins as the next U.S. Securities and Exchange Commission (SEC) … Read more

Gensler’s Anticipated Exit Raises Questions: Who Will Lead the SEC Next?

SEC Chair Gary Gensler is expected to resign before completing his term, sparking debate over his successor and the potential impact on cryptocurrency oversight and regulation. Speculation Mounts Over Gensler’s Resignation and His SEC Successor Discussion about the next U.S. Securities and Exchange Commission (SEC) chair has intensified on social media, with speculation centered on … Read more

Former SEC Official Calls for Gensler to Resign, End All Crypto Crackdowns

A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken.” Former SEC Enforcement Chief Wants Gary Gensler Step Down and Crypto Cases End Former chief of the U.S. Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed … Read more