Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator.
Category: Enforcement
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What happened in crypto this weekend?
Ethereum’s Holesky testnet launch fails, CoinEx writes open letter to hackers, Sam Bankman-Fried’s court drama, and more.
Weekend Wrap: SBF’s internet sucks, BlackRock denies Voyager buy and more
Need to get caught up with what happened in crypto over the weekend? Here’s the latest on crypto regulation, Bitcoin, blockchain, DeFi and Web3.
SEC’s Gary Gensler believes AI can strengthen its enforcement regime
Gensler highlighted market surveillance and three other use cases in which the securities regulator staff could benefit from making greater use of AI.
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SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’
SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
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Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with […]Powered by WPeMatico
Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
Brian Armstrong made the interesting analogy when asked to explain the firm’s recent “Wells Notice” in “NFL terms.”
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Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases
Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case […]Powered by WPeMatico
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million. SEC Chair Gary Gensler Wants to Remind Celebrities of Disclosure Laws […]Powered by WPeMatico
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain.Iris Energy Leverages $67 Million in Bitmain Prepayments for Latest Mining Expansion
Bitcoin mining company, Iris Energy, announced plans […]
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