SEC Asks Court to Order Telegram to Pay $1.2B Back for $1.7B ICO
Despite the original TON project being officially terminated, the U.S. SEC asks Telegram to return $1.2 billion. Go to Source Powered by WPeMatico
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SEC Suit Over $30m Crypto Scam Halted Due to Criminal Proceedings
An SEC suit against the operators of a $30 million allegedly fraudulent ICO has been stayed pending the conclusion of parallel criminal proceedings. Go to Source Powered by WPeMatico
Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week
On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang IPO prospectus was also updated on June 17, raising the … Read more
Supreme Court Limits SEC’s Power to Seek Punitive Fines on Crypto Firms
The US Supreme Court made a ruling on June 23 which will limit the amount of fines the SEC can impose on crypto and blockchain firms. Go to Source Powered by WPeMatico
WisdomTree Tests SEC’s Bitcoin Acceptance Threshold With Latest ETF Filing
The SEC has rejected an ETF with only a 25% BTC component before, but how about just 5%? WisdomTree may be testing the agency’s limits. Go to Source Powered by WPeMatico
U.S. SEC Chair Clayton Nominated to Oversee Crypto Regulatory-Heavy NY
Latest news shows an intended bid for Securities and Exchange Commission, or SEC, chairman Jay Clayton as New York’s Southern District attorney. Go to Source Powered by WPeMatico
Law Decoded: As Crisis Mode Fades, Regulators Look Kindly on Crypto, June 12-19
Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Go to Source Powered by WPeMatico
The SEC Shuts Down Another Multi-Million Crypto Scam
Some of the investors’ money has been converted to fiat currency through the Gemini exchange. Other exchanges outside the US have also been mentioned. Go to Source Powered by WPeMatico
Redactions Granted in Telegram Case To Protect ICO Participants
Sensitive documents outlining the proprietary investment strategies of Telegram ICO participants have been redacted from the case with the SEC. Go to Source Powered by WPeMatico
Wisdomtree Files ETF With 5% Bitcoin Exposure Amid SEC Resistance
Wisdomtree has filed for a commodity fund with 5% exposure to bitcoin, in a fresh attempt to bring an exchange-traded fund (ETF) backed by the benchmark cryptocurrency to the market. According to a filing with the U.S. Securities and Exchange Commission (SEC), the fund is targeting to invest mainly in energy, industrial metals, precious metals, … Read more
