(Bloomberg) US Securities and Exchange Commission has sued BitConnect founder Satish Kumbhani for raising more than $2 billion from investors without the regulator’s approval. Kumbhani is sued alongside BitConnect’s promoter…
(Barrons) The Securities and Exchange Commission chief Gary Gensler has said the regulator is considering a full ban on controversial “payment for order flow.” Gensler says the SEC staff are…
(Cryptopotato) Ripple is threatening to expose XRP holdings by SEC employees, in what could escalate tensions with the regulator, who has alleged the token is an unregistered security. Ripple’s attorney…
(Reuters) SEC official Allison Lee has said Chinese firms listed on U.S. exchanges now have a disclosure obligation on government interference risks. The Democratic Commissioner made the comments in the…
(pstontine.com) The board of directors of Pershing Square Tontine Holdings has agreed to end a deal with Universal Music Group. The decision by Pershing Square Tontine reflects issues raised by…
(SEC Filing) Cathie Wood’s Ark Invest is partnering with ETF provider 21Shares to establish a Bitcoin exchange-traded fund. The Bitcoin ETF, ARK 21Shares, will track the S&P Bitcoin index and…
The SEC informed Tesla that CEO Elon Musk’s tweets breached a court decree policy on two occasions in 2020, according to the Wall Street Journal. The decree mandated Musk’s tweets…
U.S District Court has declined SEC’s request for a legal advice submitted by embattled crypto network Ripple, according to Cointelegraph. The legal advice memo discusses XRP sales with the company…
The Securities and Exchange Commission has revealed an Ethereum exchange traded fund filed by WisdomTree. The approval of WisdomTree’s Ethereum ETF would allow retail traders in the U.S to buy…
Securities and Exchange Commission chair Gary Gensler has hinted in his speech at a move to deal with bad players in the crypto industry. Gensler said the commission is prepared…
The U.S Securities and Exchange Commission has 45 days to deliver an initial decision on the VanEck Bitcoin exchange-traded fund filing, according to Cointelegraph. The SEC can also extend the…
The U.S Securities and Exchange Commission is seeking personal financial information of two Ripple Labs Inc. executives, according to Bloomberg. SEC claims the company misled investors in the cryptocurrency XRP…