Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach
A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role. Go to Source Powered by WPeMatico
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Chia Network Files for IPO With the SEC, Eyes Public Listing
On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the IPO after the U.S. securities regulator approves the filing. Bittorrent Creator’s … Read more
Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case
Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an … Read more
SEC targets DeFi in vote to revisit proposal concerning the definition of ‘exchange’
“It seems perverse to me that we would be encouraging centralization,” said SEC commissioner Hester Peirce prior to a vote on the proposal. Go to Source Powered by WPeMatico
Financial Services chair McHenry send SEC second request for records related to SBF arrest
Sam Bankman-Fried was arrested just before his committee appearance was scheduled. Go to Source Powered by WPeMatico
US court issues summons to Tron’s Justin Sun, threatens default judgment if no response
The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto asset securities. Go to Source Powered by WPeMatico
‘Nothing is a coincidence with the government,’ claims US lawmaker on Operation Choke Point 2.0
Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives. Go to Source Powered by WPeMatico
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) … Read more
US SEC seeks to expand its Crypto Assets and Cyber Unit
A new job posting reveals an open position for general attorneys in New York, San Francisco, and Washington D.C. in the SEC crypto assets and cyber unit division. Go to Source Powered by WPeMatico
XRP price rally stalls as SEC vs. Ripple ruling drags on — 25% drop ahead?
XRP nears key breakout but lackluster volumes may spoil its 30% rally setup. Go to Source Powered by WPeMatico