United States Securities and Exchange Commission Archives

FTX Bankruptcy After-Effects Blurs Intricacies of the Proposed Reorganization Plan

The FTX bankruptcy proceedings and the proposed reorganization plan by the Official Committee of Unsecured Creditors stand as a critical juncture in the...

News December 12, 2023

$7.8B lost in cryptocurrency pyramid and ponzi schemes in a year

Cryptocurrency pyramid and Ponzi schemes edged out with a staggering $7.8 billion in 2022, according to TRM Labs Investment fraud involving cryptocurrency rose...

News June 29, 2023

Binance wins court case against US SEC’s demand to shutdown operations

On Friday, June 17, the Binance exchange and the US SEC agreed to avert the SEC demand on the exchange's temporary shutdown within...

News June 20, 2023

Binance Exchange calls out the recent SEC crackdown on crypto

Partick Hillmann, Chief Strategy Officer of Binance Exchange, stated that the US SEC has been confusing in the past six months. In 2021...

News May 15, 2023

Bittrex Crypto exchange files for bankruptcy

Bittrex crypto exchange had to pay $29 million in fines to the US Treasury Department for "violations." The Bittrex crypto exchange supported a...

News May 11, 2023

Crypto regulations holds back Africa’s Web3 potential

According to hedgewithcrypto, the number of legal issues involving crypto decreased by 30% in 2019. According to (SEC) Chair Gary Gensler, the...

News March 1, 2023

Is the third largest crypto exchange, Kraken, facing bankruptcy?

Initially, Kraken acquired $5 million in a Series A round of Funding. Kraken had to release at least 1100 employees from its branches...

News February 22, 2023

Kraken crypto exchange fined US$30 million for violating crypto regulations

On February 9, the US SEC stated that Kraken had failed to register offer and sale of their crypto staking-as-a-service. The Kraken crypto...

News February 21, 2023

SEC warns crypto traders and investors of looming honey trap

The SEC has foreshadowed an inevitable negative turn of events Bitcoin's value has steadily declined. Unfortunately, its price significantly affects the overall crypto...

News December 27, 2022

Tag: United States Securities and Exchange Commission