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3232SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler
https://www.digit.info/sec-will-use-all-available-tools-to-crack-down-on-crypto-firms-that-arent-in-compliance-with-its-rules-says-chair-gensler/
Sat, 24 Dec 2022 00:30:32 +0000https://www.digit.info/2022/12/24/sec-will-use-all-available-tools-to-crack-down-on-crypto-firms-that-arent-in-compliance-with-its-rules-says-chair-gensler/Read more]]>The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the SEC chief said: “Proof of reserves is neither a full accounting of the assets and liability of a company, nor does […]
]]>US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance
https://www.digit.info/us-lawmaker-ftx-collapse-isnt-a-crypto-failure-its-a-failure-of-sec-bankman-fried-centralized-finance/
Wed, 23 Nov 2022 23:00:11 +0000https://www.digit.info/2022/11/23/us-lawmaker-ftx-collapse-isnt-a-crypto-failure-its-a-failure-of-sec-bankman-fried-centralized-finance/Read more]]>U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker […]
]]>Conflicting Reports Emerge About SEC Helping Bankrupt Crypto Exchange FTX With Legal Loopholes
https://www.digit.info/conflicting-reports-emerge-about-sec-helping-bankrupt-crypto-exchange-ftx-with-legal-loopholes/
Mon, 14 Nov 2022 03:00:52 +0000https://www.digit.info/2022/11/14/conflicting-reports-emerge-about-sec-helping-bankrupt-crypto-exchange-ftx-with-legal-loopholes/Read more]]>The U.S. Securities and Exchange Commission (SEC) reportedly met with crypto exchange FTX and former CEO Sam Bankman-Fried several times before the crypto firm filed for bankruptcy. SEC Chairman Gary Gensler was rumored to be helping FTX with legal loopholes. However, a new report indicates a contradicting viewpoint. Gensler’s Meeting With Sam Bankman-Fried and FTX […]
]]>SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds
https://www.digit.info/sec-doj-investigate-ftx-regulators-suspect-crypto-exchange-mishandles-customer-funds/
Thu, 10 Nov 2022 23:00:41 +0000https://www.digit.info/2022/11/10/sec-doj-investigate-ftx-regulators-suspect-crypto-exchange-mishandles-customer-funds/Read more]]>The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance walked away from the acquisition of FTX. U.S. Regulators and DOJ Investigate Crypto Exchange […]