SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows

SEC Launched Formal Investigation Into Ethereum's Security Status Over a Year Ago, New Court Filing ShowsA new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal investigative order in March last year to scrutinize potential securities transactions involving […]

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US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP

US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRPU.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major exchanges did many, many tens of thousands of transactions […]

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