October 20th, 2025
SEC Crypto News - Page 117
Crypto and Blockchain Firm Diginex Set to List on Nasdaq via Reverse Merger after Acquiring 8i
By Steve Muchoki
July 30th, 2020
Crypto and blockchain solutions firm Diginex is set to list on Nasdaq via a reverse merger deal. Diginex is also said to have partnered with institutional investors, corporations, and governments to ensure further digital adoption.
Grayscale Investments’ Crypto Assets under Management Increase by $1 Billion in Less Than 2 Weeks
By Chuks Chukwuka
July 29th, 2020
According to a statement on the firm’s Twitter account on July 28, Grayscale currently has $5.1 billion in crypto funds under management.
Chinese Electric Vehicle Manufacturer Li Auto Set to Raise Up to $950 Million in IPO
By Godfrey Benjamin
July 26th, 2020
Li Auto, a Chinese electric car manufacturing company, is going to raise up to $950 million in an IPO. The funds will be allocated for the company’s research.
Hester Peirce Declares Displeasure with SEC Actions against Telegram
By Tolu Ajiboye
July 22nd, 2020
Peirce revealed her disapproval of the earlier SEC actions against the 2018 Telegram ICO. The action caused Telegram to abandon its TON blockchain project.
Ripple CEO Brad Garlinghouse Believes China Is Ahead of U.S. in Digital Asset Industry
By Chuks Chukwuka
July 20th, 2020
Brad Garlinghouse, Ripple CEO, at the Parallel Summit on July 17 expressed his opinion about the digital currency industry. He stated that China is a leader of it and admitted that he is awed by China’s approach.
GoHealth Sets IPO Price as Company Expects to Raise $750 Million
By Tolu Ajiboye
July 14th, 2020
GoHealth has announced its IPO for Wednesday and has set a price range of $18 to $20 per share. The company wants to list its Class A common stock on the Nasdaq with the ticker symbol “GOCO”.
BigCommerce Files for IPO with U.S. SEC
By Bhushan Akolkar
July 14th, 2020
With accelerated growth during Q1 2020, BigCommerce is looking to tap into the opportunity to raise public funds. The company’s improving operational health suggests that the timing is good for its IPO.
Cloud Services Company Rackspace Files for IPO after $4.3 Billion Buyout in 2016
By Darya Rudz
July 13th, 2020
This is not the first time Rackspace goes public. Back in August 2008, the company had its public debut. With an upcoming IPO, Rackspace hopes to grow and cover its debts.
Palantir Confidently Submits Application to Go on IPO
By Godfrey Benjamin
July 7th, 2020
The Palantir IPO is expected to take place after the SEC completes its review process which can take up to 16 weeks.
Arca Labs Gets Approval from SEC to Operate Ethereum-Based Fund
By Godfrey Benjamin
July 7th, 2020
Arca Labs received approval from the Securities and Exchange Commission for its U.S. Treasury Fund, an Exchange Traded Fund initiative that will run with Ethereum-backed ArCoin.
Elon Musk Digs at Tesla Short Sellers Offering Limited Edition Short Shorts at $69.420
By Steve Muchoki
July 6th, 2020
Elon Musk decided to dig at TSLA short sellers who didn’t believe in the stock by offering Tesla short shorts that are available at the Tesla shop at $69.420. Notably, Musk is a fanatic of these digits as previously on his Twitter timeline he posted that he was born 69 days after 4/20.
Tesla (TSLA) Stock Rose 5.17% Yesterday, It Is 5,900% Up Since Debut Decade Ago
By Steve Muchoki
June 30th, 2020
Tesla stock closed yesterday at $1,009.35. 10 years ago, the price at the debut was $17. If we take this price, the growth is 5,900%, if we take the price at the end of the first trading day – $23.89, the growth is 4,200%.
SEC Charges Disgraced Lobbyist Jack Abramoff with Fraud for Promotion of 2018 ICO
By Teuta Franjkovic
June 26th, 2020
The SEC has filed civil charges against Abramoff and Andrade in addition to the criminal charges. Andrade hired Abramoff in 2017 to “work on a public relations and marketing campaign” for the cryptocurrency, called AML Bitcoin.
Telegram to Pay $18.5M Civil Penalty in SEC Settlement after TON Project Abandonment
By Bhushan Akolkar
June 26th, 2020
The SEC has submitted a new filing to the court which asks Telegram to pay back $1.2 billion disgorgements to investors. Besides, it also states that Telegram will have to inform the SEC if it plans to pursue any such project in the future.
Crowdfunding Platform Republic to Offer Profit Sharing Asset Republic Note in July
By Chuks Chukwuka
June 25th, 2020
The Republic Note which goes on sale next month has a funding cap of $8 million. The asset is expected to be issued on the Algorand blockchain.