May 2nd, 2025
SEC Crypto News - Page 80
CLSK Shares Slides 8.77% in After Hours, CleanSpark Reports $42.3M Net Loss in Q4 2022
By Steve Muchoki
December 15th, 2022
CleanSpark revenues for Q4 2022 grew to $26.2 million, which is an increase of $3.3 million from $22.9 million the prior year.
FTX Founder Sam Bankman-Fried Indicted on Eight Charges
By Bhushan Akolkar
December 14th, 2022
Sam Bankman-Fried has been facing eight different charges and his punishment could total up to 115 years in prison.
CFTC Issues Verdict on BTC, ETH, USDT, Calls Them Commodities
By Mayowa Adebajo
December 14th, 2022
CFTC’s new filing may have established that claims of staked coins being securities are incorrect.
Former FTX CEO Sam Bankman-Fried Arrested in Bahamas, May Face US Trial
By Mayowa Adebajo
December 13th, 2022
Sam Bankman-Fried is expected to be extradited to the United States to face trial.
Ark Invest Acquires 78,982 Coinbase Shares, Increasing Total Holdings
By Ibukun Ogundare
December 12th, 2022
Ark Invest resumed its Coinbase shares acquisition in October when it added 10,880 shares, pushing the valuation of its then-total holdings to $60.5 million.
BAYC Creator Yuga Labs and Moonpay Face Lawsuit over Celebrity NFT Promotions
By Bhushan Akolkar
December 12th, 2022
The class action lawsuit alleges that Yuga Labs leveraged a vast network of A-list athletes, musicians, and celebrity clients to push the sales of their NFT collection.
Court Dismisses EthereumMax (EMAX) Lawsuit against Kim Kardashian and Other High-Profile Celebrities
By Mayowa Adebajo
December 9th, 2022
The court admits that there are legitimate concerns over the kind of influence that celebrities have.
EV Maker VinFast Files for US IPO, Looks to Build Production Plant in North Carolina
By Tolu Ajiboye
December 7th, 2022
VinFast has expressed its intent to expand aggressively into the US via an IPO and production plant.
Crypto Lender Nexo Decides to Exit US Market Citing Regulatory ‘Dead End’
By Bhushan Akolkar
December 6th, 2022
Nexo announced the plans to discontinue its Earn Interest Product citing an investigation from the federal Consumer Financial Protection Bureau.
Coinspeaker Advent Calendar: XRP Price Forecast 2023
By Godfrey Benjamin
December 3rd, 2022
XRP has the right fundamentals to chart a bullish path in 2023, and traders will be better off managing their expectations right.
Bitcoin Depot to Push Forward with SPAC Deal Following Strong Revenue Growth
By Tolu Ajiboye
December 2nd, 2022
North America’s largest Bitcoin operator Bitcoin Depot revealed plans to complete its SPAC deal amid a bearish crypto market.
Trading Platform INX Digital Enters Race to Acquire Voyager Assets
By Mayowa Adebajo
December 1st, 2022
INX joins Binance, CrossTower, and others looking to acquire Voyager’s assets.
BlockFi Files Chapter 11 Bankruptcy as FTX Crumble Affects Many
By Ibukun Ogundare
November 29th, 2022
BlockFi’s current situation is the latest example of a rocky season in the crypto space as many companies conduct major layoffs.
Texas to Investigate FTX Promotion by Tom Brady, Stephen Curry
By Sanaa Sharma
November 22nd, 2022
Several surveys have agreed with the fact that people hop on to the digital asset trend once a celebrity endorses or promotes cryptocurrency on their social media accounts.
US SEC Seeks to Stop American CryptoFed from Registering Algorithmic Stablecoin and Stabilizing Asset
By Steve Muchoki
November 21st, 2022
The American CryptoFed DAO is said to have failed to thoroughly inform the SEC about its business, management, and financial condition.