May 7th, 2025
SEC Crypto News - Page 84
Web3 Developer Platform Alchemy Is Raising $12M for New Venture Capital Fund
By John K. Kumi
September 14th, 2022
Paul Almasi, Alchemy’s head of ecosystem development, stated that the company identifies itself as an ecosystem builder and seeks to get people to experience the new technology.
SEC’s Gary Gensler Supports CFTC Assuming Authority over Bitcoin
By Tolu Ajiboye
September 9th, 2022
Following August’s proposed senatorial crypto bill, Gensler signals a willingness to aid the CFTC in overseeing Bitcoin.
SEC to Establish New Office Dedicated to Crypto-Related Filings
By Darya Rudz
September 9th, 2022
The new crypto-office will be within the Division of Corporation Finance that takes care of disclosures for publicly traded firms. It will have legal and accounting branches for crypto firms willing to file public disclosures. Who will run it is not yet clear.
US Congressman Says Crypto Ban Unlikely in Country for Now
By Tolu Ajiboye
September 5th, 2022
Sherman wants a crypto ban in the US but thinks it is not easy to take such a decision now because crypto has become a lot more powerful.
SEC and CFTC Wants Public Opinion on New Reporting Regimen for Hedge Funds
By Godfrey Benjamin
September 2nd, 2022
Since digital currencies become an asset of national interest, there has been a broad debate on which of these two government agencies should be in charge of regulating the industry.
Banking Platform LevelField Acquires Netshares, Plans to Raise $50M
By Bhushan Akolkar
September 2nd, 2022
With the acquisition of Netshares, LevelField will be able to offer services like project finance, capital raising, accessing private investments, and advisory services. The company plans to integrate traditional banking and digital asset products into a single platform.
Ripple General Counsel Responds to SEC’s Take on Crypto Regulations
By Bhushan Akolkar
August 30th, 2022
The Ripple counsel accuses the SEC of themselves taking the role of the top cop while ignoring fellow regulators.
Ripple CEO Comments on CryptoLeaks Allegations
By Kofi Ansah
August 29th, 2022
CryptoLeaks revealed that Roche, who is accused of executing Ava Lab’s dirty work, also allegedly represented Ripple in a lawsuit that claimed that XRP was an unregistered security.
Analytics Firm Elliptic Issues 2022 NFT Report: Over $100M Lost to NFT Thefts within One Year
By Mayowa Adebajo
August 25th, 2022
Scammers have continued to employ new tricks of swindling crypto users out of their prized NFTs.
BitConnect Founder Satish Kumbhani Wanted in India as Local Lawyer Files Complaint Over Missing Bitcoin
By Ibukun Ogundare
August 17th, 2022
The SEC said in a February 28th filing that Kumbhani had possibly disappeared from India as his whereabouts were unknown.
Coinbase Faces New Class Action Lawsuit over Unauthorized Asset Transfers amid Other Infractions
By Tolu Ajiboye
August 17th, 2022
Leading American exchange Coinbase has been served a fresh class action lawsuit for causing substantial loss in crypto assets to users.
Digital Currency Group Picks Top Exec as Lobbyist
By Mayowa Adebajo
August 17th, 2022
Considering its latest move of filing an LDA, Digital Currency Group could be doing more lobbying in the coming times.
SEC Files Lawsuit on Dragonchain for Its $16.5M ICO
By Bhushan Akolkar
August 17th, 2022
The SEC said that Dragonchain continued with the sale of the DRGN tokens even after their warning about security tokens.
‘I’m buying Manchester United’, Elon Musk Jokes in Tweet that Sparks Reactions
By Ibukun Ogundare
August 17th, 2022
The tweet about Musk buying Manchester United has gained more than a million likes and thousands of retweets.
SEC and CFTC Propose Amending Hedge Fund Reporting Rules to Include ‘Crypto Exposure’
By Mercy Tukiya Mutanya
August 11th, 2022
According to the PwC Global Crypto Hedge Fund Report for 2022, 38% of traditional hedge funds surveyed revealed that they have invested in digital assets, an increase from 21% a year ago.