May 2nd, 2025
SEC Crypto News - Page 77
Binance CEO Finally Comments on Paxos BUSD Case with SEC, Confirms All Funds Are Safe
By Tolu Ajiboye
February 13th, 2023
The CEO of Binance Changpeng Zhao has broken his silence on the Paxos-SEC BUSD development in a Twitter thread.
ARK Invest CEO Snaps Up $9.2M Worth of Coinbase (COIN) Shares
By Mayowa Adebajo
February 13th, 2023
ARK has now snapped up another 162,325 COIN shares for roughly $9.2 million.
Paxos Faces Lawsuit from SEC over BUSD Investor Protection Violations
By Tolu Ajiboye
February 13th, 2023
Stablecoin issuer Paxos recently received a lawsuit notice from the SEC regarding indiscretions linked to the BUSD stablecoin.
Stock of Crypto Bank Silvergate Capital Is Second-Most Shorted in US
By Bhushan Akolkar
February 13th, 2023
After the investigative scrutiny by the US DoJ, Silvergate Capital has 72.57% of the stocks shorted in the US market representing extreme bearish sentiment.
Coinbase Prepares to Battle US SEC in Court amid Staking-As-Security Claims
By Mayowa Adebajo
February 13th, 2023
The move to restrict crypto staking has been seen by many, including Coinbase CEO, as a “terrible path” for the United States.
Coinbase Shares Plunge Following SEC Enforcement Action against Kraken
By Tolu Ajiboye
February 10th, 2023
Leading exchange Coinbase suffered a marked decline in the value of its shares due to an SEC staking action against a rival exchange.
Kraken to Settle with US SEC after Staking Crackdown
By Godfrey Benjamin
February 10th, 2023
Kraken comes off as the next high-profile crypto entity that will be placed on the SEC’s crosshairs in recent times.
Coinbase CEO: SEC May Ban Crypto Staking
By Babafemi Adebajo
February 9th, 2023
Previously, SEC Chairman Gary Gensler noted that assets that can be staked fall under securities based on the Howey test.
SEC Issues Warning to Crypto Brokers and Advisors
By Mayowa Adebajo
February 8th, 2023
SEC says it will keep the activities of all crypto-based brokers and advisors under close watch.
BitFuFu Postpones Public Listing to May
By Ibukun Ogundare
February 8th, 2023
BitFuFu postponed its public listing, following stablecoin issuer Circle which terminated its intention to go public in December.
Former Product Manager at Coinbase Pleads Guilty to Criminal Charges
By Bhushan Akolkar
February 8th, 2023
As per the penalty structure for insider trading and wire fraud, Nikhil Wahi could face up to 40 years in prison.
Starship Attempt Launch Expected in March, Says Elon Musk
By Steve Muchoki
February 6th, 2023
The Starship team is working hard to deliver on NASA’s bid to explore the lunar ecosystem.
Dismissal of Coinbase Class Action Suit Puts Allegations of ’79 Unregistered Securities’ to Bed
By Tolu Ajiboye
February 2nd, 2023
Coinbase recently saw a dismissal of a class action suit brought against it by three aggrieved customers early last year.
United States to Prioritize Stablecoin Regulation, Says Chairman of Subcommittee
By Mayowa Adebajo
January 27th, 2023
It remains unclear which regulator will have jurisdiction and control over different types of assets.
US SEC Rejects Cboe BZX’s Bid to List ARK 21Shares Bitcoin ETF for Second Time
By Steve Muchoki
January 27th, 2023
SEC concluded that Cboe BZX has not established that it has a comprehensive surveillance-sharing agreement with a regulated market of significant size related to listing Ark 21Shares Bitcoin ETF.