May 6th, 2025
SEC Crypto News - Page 87
TON Foundation Establishes Ecosystem Fund Worth $90 Million
By Gladis Monteiro
July 8th, 2022
The TON Foundation had recently been in news for launching Ethereum Name Service-like domain names.
Grayscale Launches Lawsuit Against SEC Following Bitcoin Spot ETF Bid Rejection
By Tolu Ajiboye
June 30th, 2022
The Grayscale lawsuit against the SEC specifies that the company believes the Commission has no real grounds to deny the spot ETF request.
Grayscale Cites Huge Support for Its Spot Bitcoin ETF Ahead of SEC’s Decision
By Bhushan Akolkar
June 28th, 2022
Grayscale CEO has been pressing hard for the SEC to approve its spot Bitcoin ETF application. If the SEC decided otherwise, Grayscale is ready to take up a legal battle with the securities regulator.
Hester Peirce Warns Against Crypto Firms Bailouts, Gives Reasons
By Mayowa Adebajo
June 22nd, 2022
Commissioner Hester Peirce believes that market downturns present the perfect opportunity for all to learn how the market reacts in troubled times.
State Securities Regulators Launch Investigation into Celsius Network Accounts’ Freeze
By Tolu Ajiboye
June 17th, 2022
Celsius Network faces investigation from regulators across five states over its recent decision to suspend customer account withdrawals.
Ripple Confident on Company’s Growth despite Current Market Woes
By Kofi Ansah
June 16th, 2022
Garlinghouse also stated that his company has no “no assholes policy”, a statement which many believe was a subtle jab aimed at Kraken CEO Jesse Powell.
Celsius Hires Citigroup to Provide Assistive Financial Advice after Freezing Customer Withdrawals
By Tolu Ajiboye
June 16th, 2022
Citing “extreme market conditions” for blocking withdrawals, Celsius has appointed Citigroup and a law firm to advise on possible solutions.
BlockFi Ordered to Pay Over $943K in Iowa for Failing to Register Securities
By Steve Muchoki
June 15th, 2022
BlockFi will pay settlements of up to $50 million to the 53 United States following the investigation, as well as another $50 million to the SEC.
SEC Chair Expresses Concerns on New Crypto Regulatory Bill While CFTC Head Commends
By Ibukun Ogundare
June 15th, 2022
As the SEC head believes the senators’ bill could undermine market regulations, the CFTC Chairman is confident in the proposition.
Charles Schwab Agrees to $187M Settlement with SEC
By Godfrey Benjamin
June 14th, 2022
With a milestone settlement lifted off, Charles Schwab said it will focus on regaining its client’s trust.
Electric Carmaker Tesla (TSLA) Plans for Three-for-One Stock Split
By Bhushan Akolkar
June 13th, 2022
Tesla said that the stock split would help its employees and investors with more flexibility in managing their equity and thus maximize stockholder value.
US SEC Uncovers Money Laundering Scheme from Do Kwon
By Godfrey Benjamin
June 10th, 2022
While most of the legal tussle that seems to be facing Kwon and the blockchain startup is still in their infancy, they are, however, proving to be multifaceted and that they are emanating from different regions might make them hard to fight.
Binance Seeks Operational Licenses in Philippines
By Babafemi Adebajo
June 10th, 2022
Binance believes acquiring an appropriate license will help investors repose confidence in its operations and spur adoption.
US SEC Launches Fresh Investigation in Terraform Labs Following UST Stablecoin Crash
By Bhushan Akolkar
June 10th, 2022
The US SEC has asked Terraform Labs to comply with the regulation and found that $80 million from company’s funds were moved to different wallets before the LUNA crash.
Grayscale Hires Top Obama Lawyer Ahead of Spot ETF Verdict
By Godfrey Benjamin
June 8th, 2022
Grayscale is confident more investors will embrace the product if it is presented as a spot Bitcoin ETF.