SEC Archives - Page 5 Of 7

BaseBros Fi's $130,000 rug pull shakes the DeFi community after the protocol vanished, deleting its website and social media accounts.

BaseBros Fi Vanishes: DeFi Protocol Deletes Website

September 16, 2024 Paulo

BaseBros Fi vanished after draining $130,000 via an unaudited contract, leaving investors without access to their funds and deleting its online presence.

Blockchain

Kraken Responds to SEC Allegations, Claims Digital Assets Do Not Qualify as Securities

September 13, 2024 Paulo

Kraken denies SEC’s claims that digital assets are securities, arguing that cryptocurrencies like Cardano and Algorand do not meet legal criteria.

Blockchain

SEC’s Regulatory Hammer Falls on Crypto: $7.42 Billion in Fines Since 2013

September 12, 2024 Paulo

The SEC has fined the cryptocurrency industry $7.42 billion since 2013, with a record $4.68 billion in 2024 alone. Major cases include Terraform and Ripple.

Blockchain

Coinbase Shareholder Lawsuit Against Exchange to Proceed Amid Regulatory Scrutiny

September 6, 2024 Paulo

A judge ruled that Coinbase shareholders can proceed with a lawsuit, claiming the exchange misled investors about the risks of an SEC crackdown.

Vivek Ramaswamy Calls Current Crypto Regulation ‘Anti-American at its Core’

September 5, 2024 Paulo

Vivek Ramaswamy criticizes the current approach to crypto regulation as “anti-American at its core,” calling for clearer rules and less enforcement ambiguity.

Abstract illustration of Bitcoin’s mysterious creator surrounded by blockchain code and cryptographic symbols

SEC Warns it May Challenge FTX’s Stablecoin-Denominated Repayments Plan

September 2, 2024 Paulo

The SEC may challenge FTX’s plan to repay creditors with stablecoins, raising potential legal hurdles for the cryptocurrency exchange’s bankruptcy proceedings.

U.S. District Court Judge ruling on SEC lawsuit against Kraken, cryptocurrency exchange.

SEC Lawsuit Against Kraken to Proceed as Judge Denies Dismissal

August 24, 2024 Paulo

A California judge ruled that Kraken must face the SEC lawsuit, supporting the claim that certain cryptocurrency transactions qualify as securities.

Futuristic illustration showing Bitcoin facing quantum computing pressure and a rising focus on privacy technology

Artists Sue SEC to Clarify Regulatory Authority Over NFTs

July 30, 2024 Paulo

Artists Brian Frye and Jonathan Mann sue the SEC to clarify its authority over NFTs, questioning the need for registration and disclosure of risks.

Futuristic illustration of an Ethereum-powered tech conference set in Mumbai’s skyline

Coinbase Seeks Access to Gensler’s SEC Communications

July 24, 2024 Paulo

Coinbase has filed a motion asking the SEC to release documents related to Gary Gensler’s internal discussions, arguing these are crucial for their defense.

Ethereum price chart showing a significant rise.

SEC Commissioner Peirce Suggests Staking for Spot Ether ETFs May Be Reconsidered

July 17, 2024 Paulo

SEC Commissioner Hester Peirce suggests the possibility of reconsidering staking options for spot Ether ETFs, signaling potential regulatory changes.