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Ethereum has risen by over 4% today, reclaiming the $3,500 mark, following significant news from the SEC. According to on-chain reports, after @Consensys announced on X (formerly Twitter) that the SEC had closed its investigation into Ethereum 2.0, a whale purchased an additional 5,603 $ETH, valued at $19.6 million. This whale has been actively accumulating … Read more
Ether’s failure to respond to good news could be rooted in investors’ perception that macroeconomic conditions are worsening. Go to Source
Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The announcement follows a request from Consensys to the SEC to affirm that the approval of ETH exchange-traded funds … Read more
The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet. Go to Source
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges Binance and Coinbase. SEC’s Crypto Enforcement Unit Leader Departs … Read more
Terraform Labs plans to sell key projects within the Terra ecosystem and give the community control of the Terra blockchain. Go to Source
Rumors have been circulating that the recently retired SEC veteran was taking on a private role in the digital asset sector. Go to Source
David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022. Go to Source
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs. Go to Source
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized that, unlike the Terraform Labs case, there are no victims to compensate in Ripple’s case. … Read more