November 1st, 2025
SEC Crypto News - Page 56
Binance to Refund 1,909 Ether Stolen by XIRTAM to Over 1,750 Victims
By Steve Muchoki
September 7th, 2023
Binance clarified that only participants of the official XIRTAM token sale, public and private are eligible for a refund, thus leaving exchange buyers exposed.
Lucid Explores Entry into China’s Electric Car Market
By Chimamanda U. Martha
September 7th, 2023
In addition to exploring the Chinese market, Lucid is actively expanding its production capacity at its Arizona factory and preparing to launch its new SUV model called the Gravity.
DCG-backed Genesis Global Trading to Shut Down US Crypto Spot Trading by September 18
By Steve Muchoki
September 6th, 2023
The decision by Genesis Global Trading (GGT) to wind down its business was reportedly voluntary and is currently working with regulators to ensure an orderly closure of services.
Bitcoin Price Drops to Lowest in 6 Months as Crypto Market Anticipates ETF Decision
By Tolu Ajiboye
September 6th, 2023
Bitcoin, which rose after Grayscale won its SEC case, has fallen to its lowest point since March as the market awaits an ETF decision.
JPMorgan: SEC Likely to Approve Bitcoin ETFs after Grayscale’s Win
By Godfrey Benjamin
September 4th, 2023
The analysts noted that the SEC may have to approve Grayscale’s ETF proposal and potentially other spot-based Bitcoin ETFs in order to maintain regulatory consistency.
Gala Games Co-founders Engage in Legal Battle over $130M Theft Issue
By Bhushan Akolkar
September 4th, 2023
In the lawsuit, Schiermeyer accused co-founder Thurston of moving GALA tokens from wallet under Gala Games’ control to 43 different wallets.
BTC Price Crashes Under $26,000 with SEC Delaying Decisions on Spot Bitcoin ETF
By Bhushan Akolkar
September 1st, 2023
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again.
Bitwise Pulls Plug on Bitcoin and Ethereum Market Cap ETF Application
By Chimamanda U. Martha
September 1st, 2023
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity.
US SEC Delays BlackRock and Other Spot Bitcoin ETF Applications
By Bhushan Akolkar
September 1st, 2023
The SEC will have an additional 45 days after the publication in the Federal Register to evaluate the suggested rule. The next decision is pending on October 17, next month.
US Judge Dismisses Class Action Suit against Uniswap
By Babafemi Adebajo
August 31st, 2023
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities.
Odds of Spot Bitcoin ETF Approval Improve by 75% after Grayscale’s Victory
By Bhushan Akolkar
August 31st, 2023
The SEC has 45 days to request a rehearing for the Grayscale’s court verdict. It can either approve the conversion of GBTC into and ETF or reject it for any other reason.
Nasdaq Composite Soars Over 1% as Tech Stocks Rebound
By Godfrey Benjamin
August 30th, 2023
At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data.
Bitcoin Price Gains Over 5% after US Court of Appeals Sided with Grayscale against SEC on Spot ETF Application
By Steve Muchoki
August 30th, 2023
The court ruled that the SEC failed to provide sufficient evidence as to why Grayscale’s application to convert its Bitcoin Trust to a spot ETF was denied while the agency approved a futures ETF.
SEC Files Sealed Motion against Binance Causing Fear and Uncertainty in Crypto Market
By Steve Muchoki
August 30th, 2023
Former chief of SEC office of Internet enforcement John Reed Stark argued that the rare move by the agency could spell criminal investigation for Binance and the accused persons.
SEC Charges Popular Podcast Impact Theory for Unregistered Securities Sales in NFT Offering
By Bhushan Akolkar
August 29th, 2023
Impact Theory Will pay a total of $6.1 million and will discontinue the selling of Founders’ Keys, which the SEC calls as unregistered securities in the form of NFTs.