
June 16th, 2025
Mango Markets has introduced a proposal to pay $223,228 in penalties to the SEC and shut down operations involving its MNGO token.
The Tron ecosystem just scored a major win against the US SEC in a securities lawsuit that seeks to classify TRX as an investment contract.
According to Alderoty, the SEC has just a measly 10% chance of winning the appeal. That is, if the regulator truly goes through with it.
For Binance.US, the revival of this lawsuit adds to the growing list of regulatory and legal challenges the company faces in the United States.
By April, Uniswap Labs increased the fee from 0.15% to 0.25%, which contributed to the surge seen today. Noteworthy, users can avoid paying the front-end fee by leveraging the services of DEX aggregators like 1inch, Cowswap, and Paraswap.
Grewal noted that it is an ‘irrational’ attempt by the SEC to assume that the same rules can apply to decentralized exchanges (DEXs) and the more traditional ones.
This latest development underscores the engagement and adoption of the XRPL in the last few months.
The surge in XRP options activity is undoubtedly a bullish signal for the cryptocurrency.
Recent developments in the SEC vs. Ripple case could also influence XRP’s price.
The SEC noted that the court has recognized Ripple’s “willingness to push the boundaries” of the summary judgment order, indicating a likelihood of future violations.
In yesterday’s meeting, the crypto industry executives lashed out at the White House officials over the regulatory assault from the Federal Reserve and the US SEC.
It is now a possibility that there is a postponement of the final deadline for a SEC decision.
While five of the eleven approved Bitcoin ETFs saw positive inflows running into the millions, the remaining products experienced mixed results.
With the $125 million penalty, legal experts Attorney Bill Morgan and James Murphy also known as MetaLawMan, speculate that both sides will appeal.
NYSE American’s request follows Nasdaq’s proposal to the SEC, seeking approval for options trading on the BlackRock iShares Ethereum Trust (ETHA).