Securities and Exchange Commission

Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design

Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards inherent in Ethereum’s design which exceed the “security and resilience safeguards underlying bitcoin-based exchange-traded products.” The […]

Go to Source

Fidelity seeks green light for Ethereum ETF, following BlackRock’s filing

Just days after BlackRock filed for the iShares Ethereum Trust, asset management firm Fidelity has submitted an application for its own Ethereum exchange-traded fund (ETF).

Go to Source

Do Kwon dismisses Slack chat records as irrelevant evidence

Slack conversations between Terraform Labs’ co-founders Do Kwon and Daniel Shin have exposed their contemplation of orchestrating fraudulent transactions on the Terra blockchain.

Go to Source

10 years later, still no Bitcoin ETF — but who cares?

The Securities and Exchange Commission will inevitably approve a spot Bitcoin ETF, but we should retain some healthy skepticism about the risks it will create.

Go to Source

5 key highlights of the SEC’s lawsuit against Binance

The SEC’s allegations against Binance include charges of misleading conduct, manipulative trading, diversion of customer assets and more.

Go to Source

Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers

Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph.

Go to Source

Could Ben.eth’s PSYOP tokens face legal scrutiny? It depends, say lawyers

Michael Kanovitz, a lawyer threatening to file a class action against Ben.eth, says the PSYOP scheme bear similarities to cases that have seen SEC enforcement.

Go to Source

Bitcoin miner Marathon Digital hit with another SEC subpoena

The first subpoena was given to Marathon in the third quarter of 2021, concerning whether it may have violated federal securities laws relating to its data center in Hardin.

Go to Source

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.”

Go to Source

Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders

The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and […]

Go to Source