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Enforcement – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 10 Jan 2025 10:48:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Enforcement – DIGIT INFO https://www.digit.info 32 32 Russia seizes $10M in Bitcoin from ex-official in bribery case https://www.digit.info/russia-seizes-10m-in-bitcoin-from-ex-official-in-bribery-case/ Fri, 10 Jan 2025 10:48:28 +0000 https://www.digit.info/russia-seizes-10m-in-bitcoin-from-ex-official-in-bribery-case/

The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet.

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End of Crypto Crackdowns? Lawmaker Says ‘Regulation by Enforcement Is Over’ https://www.digit.info/end-of-crypto-crackdowns-lawmaker-says-regulation-by-enforcement-is-over/ Sat, 07 Dec 2024 02:30:16 +0000 https://www.digit.info/end-of-crypto-crackdowns-lawmaker-says-regulation-by-enforcement-is-over/ Read more]]> End of Crypto Crackdowns? Lawmaker Says 'Regulation by Enforcement Is Over'A top lawmaker says the U.S. is shifting from “regulation by enforcement” to clear oversight, with new leadership poised to boost cryptocurrency and AI innovation. A New Era for Crypto and AI Regulation U.S. House Financial Services Committee Chairman Patrick McHenry has highlighted progress in crypto regulation, focusing on new leadership roles and the evolving […]

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SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024 https://www.digit.info/sec-reports-record-8-2b-in-remedies-with-583-enforcement-actions-in-2024/ Sun, 24 Nov 2024 06:30:55 +0000 https://www.digit.info/sec-reports-record-8-2b-in-remedies-with-583-enforcement-actions-in-2024/ Read more]]> SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024The SEC’s record-breaking enforcement year revealed unprecedented financial penalties and bold action against high-risk sectors, including crypto and private funds, marking a pivotal moment for market regulation. SEC Achieves Historic $8.2B in Remedies From 583 Enforcement Actions in 2024 The U.S. Securities and Exchange Commission (SEC) announced on Friday a record-breaking year for enforcement in […]

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Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules https://www.digit.info/crypto-titans-back-clothing-firms-suit-against-secs-unwritten-rules/ Thu, 31 Oct 2024 05:43:59 +0000 https://www.digit.info/crypto-titans-back-clothing-firms-suit-against-secs-unwritten-rules/

Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC.

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SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge? https://www.digit.info/secs-crypto-crackdown-questioned-will-clear-guidance-finally-emerge/ Tue, 22 Oct 2024 23:30:22 +0000 https://www.digit.info/secs-crypto-crackdown-questioned-will-clear-guidance-finally-emerge/ Read more]]> SEC's Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays the creation of a consistent regulatory framework, depriving investors and innovators of necessary guidance. He […]

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Crypto.com Files Suit Against SEC Over Expanded Jurisdiction Claims https://www.digit.info/crypto-com-files-suit-against-sec-over-expanded-jurisdiction-claims/ Tue, 08 Oct 2024 13:59:19 +0000 https://www.digit.info/crypto-com-files-suit-against-sec-over-expanded-jurisdiction-claims/ Read more]]> Crypto.com Files Suit Against SEC Over Expanded Jurisdiction ClaimsCrypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens […]

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Senator Warren Slams Citibank’s Ongoing Failures — Suggests Breaking up Citi https://www.digit.info/senator-warren-slams-citibanks-ongoing-failures-suggests-breaking-up-citi/ Sat, 05 Oct 2024 03:30:01 +0000 https://www.digit.info/senator-warren-slams-citibanks-ongoing-failures-suggests-breaking-up-citi/ Read more]]> Senator Warren Slams Citibank's Ongoing Failures — Says 'It May Be Time to Break up Citi'Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures. Warren stated that Citibank may be “too-big-to-manage,” citing years of regulatory missteps and mishandled reforms, despite ongoing penalties. The letter suggests that breaking up the […]

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Mark Cuban: Kamala Harris Opposes ‘Regulation Through Litigation’ https://www.digit.info/mark-cuban-kamala-harris-opposes-regulation-through-litigation/ Fri, 27 Sep 2024 00:30:10 +0000 https://www.digit.info/mark-cuban-kamala-harris-opposes-regulation-through-litigation/ Read more]]> Kamala Harris Opposes Regulation Through Litigation, Says Mark CubanBillionaire Mark Cuban says that Vice President Kamala Harris’ team has told him “in no uncertain terms that they are against ‘regulation through litigation.’” He criticized U.S. Securities and Exchange Commission (SEC) Gary Gensler’s regulation by enforcement approach, asserting: “Gary Gensler is a blight on the technology community.” Mark Cuban Slams SEC Chair Over Crypto […]

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US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops https://www.digit.info/us-lawmakers-call-for-clear-sec-rules-on-digital-asset-airdrops/ Thu, 19 Sep 2024 01:46:14 +0000 https://www.digit.info/us-lawmakers-call-for-clear-sec-rules-on-digital-asset-airdrops/ Read more]]> US Lawmakers Call for Clear SEC Rules on Digital Asset AirdropsCongressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under […]

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SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive Investors https://www.digit.info/sec-takes-action-against-fake-crypto-platforms-using-social-media-to-deceive-investors/ Tue, 17 Sep 2024 23:40:42 +0000 https://www.digit.info/sec-takes-action-against-fake-crypto-platforms-using-social-media-to-deceive-investors/ Read more]]> SEC Takes Action Against Fake Crypto Platforms Using Social Media to Deceive InvestorsThe U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action […]

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