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According to a Securities and Exchange Commission (SEC) judgment, Jimmy Gale Watson, a former associate of the now deceased John McAfee, has been fined for being paid to promote pump and dump-fashioned initial coin offerings (ICOs). The SEC has ruled that Watson must pay roughly $375K in penalties and he’s not allowed to participate in … Read more
On October 5, 2020, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. Go to Source Powered by WPeMatico
Liquidators don’t know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale’s legal officer says the asset manager’s lawsuit against the SEC could take a while to play out. Go to Source Powered by WPeMatico
The U.S. Senate has already confirmed the nomination of Allison Lee’s replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. Go to Source Powered by WPeMatico
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.” Go to Source Powered by WPeMatico
The editorial board has drawn attention to a two-pronged approach employed by SEC’s Gensler which makes it practically impossible to get a spot Bitcoin product approved. Go to Source Powered by WPeMatico
The Markets in Crypto-Assets passed the Tripartite negotiations, while the European Union anticipates a new body for AML regulation. Go to Source Powered by WPeMatico
This year, the majority of the crypto community had hoped for the Securities and Exchange Commission to have a more lenient approach as far as Bitcoin ETFs are concerned. That came after several companies applied for the same at the beginning of the year. Among them included Valkyrie, VanEck, Grayscale, Teucrium, and Global X, among … Read more
After selling billions of xrp tokens since 2014, the former Ripple Labs executive Jed McCaleb only has 81.53 million xrp left to sell. In mid-February 2021, it was expected that McCaleb’s stash would run dry that year in May. However, the selling took much longer, but today’s data shows there’s only $26 million worth left. … Read more
VanEck believes nothing should prevent the SEC from approving a pure Bitcoin ETF after the regulator greenlighted Bitcoin futures ETFs in 2021. Go to Source Powered by WPeMatico
