sec investigation – DIGIT INFO

GameStop rally sends Roaring Kitty’s shares to $1B

DIGIT — Fri, 07 Jun 2024 07:47:57 +0000

If GameStop opens at its current after-hours price, Roaring Kitty’s holdings would be worth around $1 billion.

Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations

DIGIT — Mon, 17 Apr 2023 14:00:33 +0000

According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations in the United States. ‘Lack of Regulatory Clarity’ in the U.S. […]

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Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

DIGIT — Fri, 23 Dec 2022 20:30:39 +0000

According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter explained to the Wall Street Journal (WSJ) on Dec. 22. SEC […]

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US SEC Investigating Do Kwon’s Terraform Labs and UST Collapse: Report

DIGIT — Fri, 10 Jun 2022 04:00:39 +0000

The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Terraform Labs and the collapse of algorithmic stablecoin terrausd (UST). “SEC enforcement attorneys are investigating whether Terraform Labs broke securities and investment product rules.” SEC Launches Investigation of Terraform Labs and UST The U.S. SEC is investigating Terraform Labs and its algorithmic stablecoin terrausd (UST), […]

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Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn

DIGIT — Sat, 13 Feb 2021 23:35:41 +0000

The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into the matter. Elon Musk Could […]

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