October 20th, 2025
SEC Crypto News - Page 112
SEC Chairman Jay Clayton Sends His Resignation Letter
By Godfrey Benjamin
December 24th, 2020
The protection of the American investors was one of the top priority for Jay Clayton while he served as the Chairman of the SEC.
MoneyGram Takes Wait-and-See Approach on Ripple-SEC Lawsuit
By Steve Muchoki
December 23rd, 2020
The partnership between Ripple and MoneyGram has been described as symbiotic by most analysts. The latter has been experiencing difficulties in making profits and the XRP incentives have significantly helped it close the debt gap.
US SEC Sues Ripple for Selling XRP as Unregistered Securities, XRP Tanks Over 25%
By Bhushan Akolkar
December 23rd, 2020
The US SEC has accused Ripple of selling $1.3 billion worth of XRP as unregistered securities during its 2013 ICO. The Ripple lawyers say that the allegations are completely baseless and XRP is not an “investment contract”.
Robinhood CEO: SEC Charges ‘Don’t Reflect Robinhood Today’
By James Lovett
December 22nd, 2020
Last week, the SEC accused Robinhood of providing misleading information to its customers, which failed to disclose the revenue source of the trading app.
Coinbase Pre-IPO Tokens Listed on FTX Exchange More Than Double on Their Debut
By Steve Muchoki
December 22nd, 2020
Coinbase IPO success will be a huge success to the entire crypto industry, as other crypto firms are expected to follow suit.
MGI Stock Slightly Down, MoneyGram May Have Tepid Future Based on Its Market Performance
By Steve Muchoki
December 22nd, 2020
Menwhile, MoneyGram is facing several lawsuits in the United States that may damage its future growth prospects.
SEC to Sue Ripple, Brad Garlinghouse Reveals
By John K. Kumi
December 22nd, 2020
The US Securities and Exchange Commission (SEC) has been revealed to be on the verge of suing Ripple Labs for illegal sales of securities. This put them in the same bracket as companies that suffered a similar fate like Kik Interactive Inc.
Goldman Sachs to Lead Coinbase IPO
By Mercy Tukiya Mutanya
December 19th, 2020
Interestingly, Coinbase co-founder and board member Fred Ehrsam is a former trader at Goldman Sachs.
Bitcoin Mining Stocks Surge as BTC Price Moves Past $23,500
By Bhushan Akolkar
December 17th, 2020
Bitcoin mining stocks shined bright soon after the BTC price crossed $20,000 levels on Wednesday. Bitcoin has surged over 20% in the last 24 hours and has moved past $23,500 levels hitting a new all-time high.
Ethereum Co-Founder Vitalik Buterin Discourages Followers against Getting Loans to Buy Crypto
By Bhushan Akolkar
December 15th, 2020
Buterin has asked users to maintain caution with the volatile asset class and revealed that he had sold half of his Bitcoin holdings in 2013 to avoid going broke.
Custody Business around Bitcoin Is ‘Incredibly Successful’, Says Fidelity CEO
By James Lovett
December 14th, 2020
From the time it began Bitcoin mining operation in 2016, Fidelity has been working to bring the future of cryptocurrencies into the legacy world.
US Gaming Platform Roblox Delays Its IPO Launch for Next Year 2021
By Bhushan Akolkar
December 14th, 2020
Roblox has delayed its public listing for early next year explaining the massive IPO rush has made it difficult to determine the right price for its shares.
Robinhood Choses Goldman Sachs to Lead 2021 IPO
By Ibukun Ogundare
December 9th, 2020
Despite that Robinhood had not officially announced the IPO, the sources stated that the trading company would go public before the end of 2021 Q1.
Tesla Plans to Raise $5B via Stock Offering as TSLA Shares Jump to $650
By Bhushan Akolkar
December 9th, 2020
Tesla is all set to raise $5 billion by the fresh stock offering as it plans new gigafactories and production expansion in the next two years. The fundraise plan comes at a time when the TSLA has skyrocketed nearly 700% so far in 2020.
MobileCoin Mainnet Goes Live with MOB Token Listed on FTX Exchange
By Steve Muchoki
December 8th, 2020
MobileCoin token (MOB) is viewed as one of the most secure crypto assets with high transaction speed and it is also fully environmentally-friendly.