US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate

US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to RegulateU.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.” She stressed the need for stronger rules, urging the Securities and Exchange Commission (SEC) and Congress to take action on crypto regulation. U.S. Senator Says […]

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Jed McCaleb’s ‘Tacostand’ XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the Years

Jed McCaleb's 'Tacostand' XRP Wallet Is Near Empty, After the Ripple Co-Founder Transferred 9 Billion XRP Over the YearsLast month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored […]

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Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation

Gary Gensler Outlines What to Expect From SEC on US Crypto RegulationThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. Chair Gensler Highlights SEC’s Work on Crypto Regulation SEC Chairman […]

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SEC Fines John McAfee’s Associate $375K in Penalties for ICO Promotions

SEC Fines John McAfee's Associate $375K in Penalties for ICO PromotionsAccording 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 […]

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