Tag: SEC
Identifying Memecoins Not Under SEC’s Jurisdiction
In a recent interview with Bloomberg, SEC Commissioner Hester Peirce made a groundbreaking statement regarding the jurisdiction of the U.S. Securities and Exchange Commission (SEC) over memecoins in the crypto market. Peirce, who is...
SEC Investigates Immutable X for Potential Violations – What You Need to Know
Immutable X, a web3 gaming firm, recently made a statement regarding a notice it received from the U.S. Securities and Exchange Commission (SEC) related to the sale of its IMX tokens in 2021. The...
SEC Investigates Immutable for Possible Violations of Securities Laws
The Securities and Exchange Commission (SEC) has recently issued a Wells notice to Immutable, a blockchain gaming platform, as part of its ongoing crackdown on crypto companies leading up to the US election. Immutable...
Blockchain Association Criticizes SEC Actions Under Gensler for Stifling Growth
The Blockchain Association, a prominent crypto advocacy group, has strongly criticized the enforcement actions taken by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. The association stated that...
Consensys Workforce Reduction Due to SEC’s ‘Abuse Of Power’
Consensys, a key supporter of the Ethereum network, has announced that it will be reducing its workforce by 20%. The company attributes this decision to broader macroeconomic conditions and regulatory uncertainty, particularly pointing fingers...
Coinbase CEO Urges SEC Chief to Apologize for Crypto Crackdown
Coinbase CEO Brian Armstrong has recently spoken out against the SEC's crackdown on crypto firms, urging the agency's next leader to apologize for their actions. In a post on X, Armstrong pointed out the...
Defending Crypto Enforcement Approach: SEC Chair Gensler’s Response
SEC Chair Gary Gensler recently defended the agency's enforcement approach to crypto during an interview, addressing criticism of the SEC's regulatory methods. Despite concerns that the SEC's reliance on enforcement may hinder innovation and...
Crypto.com Challenges SEC in High-Stakes Legal Battle
Last week, there was news about Crypto.com suing the SEC. This might not have seemed like a big deal at first, as cryptocurrency projects are often involved in legal battles with the SEC. However,...
Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO
Cryptocurrency custody firm Copper has appointed Amar Kuchinad as its new global CEO, replacing Dmitry Tokarev who will remain as the board's founder director. Kuchinad, who previously worked at Credit Suisse, Goldman Sachs, and...
SEC Sues Cumberland DRW: Legal Action Against Crypto Market Maker
The U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Cumberland DRW, accusing the crypto market maker of being an unregistered securities dealer. The SEC claimed that Cumberland was involved in buying...
