SEC - Crypto News And Market Updates

Portrait-style illustration symbolizing Michael Saylor’s philosophy and the 21 Rules of Bitcoin for long-term digital asset strategy.

MicroStrategy Increases Convertible Note Offering by 25% to Acquire More Bitcoin

September 18, 2024 Gonzalo

MicroStrategy raised its convertible note offering by 25% to $875m, with plans to redeem debt and acquire more Bitcoin for its expanding crypto portfolio.

Illustration visualizing DeFi growth alongside AI-driven analytics and blockchain data.

BaseBros Fi Vanishes: DeFi Protocol Deletes Website

September 16, 2024 Gonzalo

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

Illustration showing Binance exchange visuals with market data overlays, representing projected crypto listings and market analysis for 2025.

FBI Confirms Binance Founder CZ to Be Released Next Week

September 16, 2024 Gonzalo

Binance founder Changpeng Zhao (CZ) will be released on September 29, 2024, signaling a critical moment for Binance and the global cryptocurrency market.

Illustration depicting Bitcoin OG whale sending 200 BTC to a Kraken exchange

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

September 13, 2024 Gonzalo

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

Digital custody illustration with a secure lock, representing SEC-focused discussions around crypto custody and asset protection.

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

September 12, 2024 Gonzalo

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.

Coinbase Shareholder Lawsuit Against Exchange to Proceed Amid Regulatory Scrutiny

September 6, 2024 Gonzalo

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

Illustration visualizing rumors of Ethereum market manipulation and growing trader uncertainty.

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

September 5, 2024 Gonzalo

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

Illustration exploring theories about the identity of Bitcoin creator Satoshi Nakamoto.

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

September 2, 2024 Gonzalo

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

SEC Lawsuit Against Kraken to Proceed as Judge Denies Dismissal

August 24, 2024 Gonzalo

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

Illustration representing the potential quantum computing threat to Bitcoin’s cryptographic security.

Artists Sue SEC to Clarify Regulatory Authority Over NFTs

July 30, 2024 Gonzalo

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