October 29th, 2025
SEC Crypto News - Page 85
MicroStrategy Buys 301 Additional Bitcoins amid Price Drop
By Bhushan Akolkar
September 21st, 2022
The recent purchase from Microstrategy comes when BTC is under major selling pressure. Currently, the company holds 130,000 Bitcoins in its reserves with an unrealized loss of over $1 billion.
SEC Filing Claims to Have Jurisdiction Over Ethereum Nodes
By Bhushan Akolkar
September 20th, 2022
With the US controlling 45% of the total Ethereum nodes, the SEC is claiming complete jurisdictional rights over the entire Ethereum network.
Sparkster to Pay ‘Harmed Investors’ of 2018 ICO $35M in SEC Settlement
By Kofi Ansah
September 20th, 2022
Crypto influencer Ian Balina, who was paid by Sparkster to advertise its ICO, has also been charged.
ICO Promoter Ian Balina Faces SEC Charges Over Securities Laws Violation
By Ibukun Ogundare
September 20th, 2022
During the 2017 and 2018 boom, Balina promoted ICOs on different social media platforms, including his YouTube channel.
SEC, Ripple Each File Motion for Summary Judgment in Long-Running Legal War
By Ibukun Ogundare
September 19th, 2022
After the back and forth between Ripple and the SEC, both parties have filed motions for summary judgment.
Bitcoin Price Falls Below $20,000 as Ethereum Slips after the Merge
By Tolu Ajiboye
September 19th, 2022
The crypto market continues unimpressive performance as Bitcoin consolidates below $20k and Ether dips further following post Merge sell-off.
SEC Chair Says Ethereum Could Face Scrutiny Following the Merge
By Ibukun Ogundare
September 16th, 2022
Over time, the SEC has warned that firms offering crypto-lending products must register with the Commission.
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.