Securities and Exchange Commission

Terraform Labs and its co-founder, Do Kwon, have approached a federal court to stand by their defense against the U.S. Securities and Exchange Commission's (SEC) allegations of fraud. They argue that the SEC has failed to provide solid evidence that the crypto entity dealt with securities....

In the sprawling world of cryptocurrency, few names have been as synonymous with success and downfall as Sam Bankman-Fried. The founder of FTX was once a beacon of innovation in the digital asset space. He now finds himself embroiled in a scandal that has sent shockwaves throughout the financial...

The U.S. Court of Appeals for the D.C. Circuit confirmed Grayscale Investments' ruling, mandating the Securities and Exchange Commission (SEC) to reassess the asset management company's application for a spot Bitcoin (CRYPTO: BTC) ETF. This decision aligns with the court's judgment from...

Grayscale Investments has taken another step forward in its journey to transform the Grayscale Bitcoin Trust (OTC: GBTC) into a spot Bitcoin (CRYPTO: BTC) ETF, by lodging a new registration document with the Securities and Exchange Commission (SEC). This action follows the directive of a D.C....

Binance.US has altered its terms of use. The exchange now prohibits the direct withdrawal of U.S. dollars from its platform. According to an update posted by the exchange on Monday, users wishing to pull out their U.S. dollar funds must first convert these into stablecoins or other digital assets...

Bitcoin (CRYPTO: BTC) experienced a price surge from $27,900 to $30,000 Monday due to a misleading announcement about a spot ETF approval on the social platform X, formerly known as Twitter. This misinformation resulted in approximately $100 million in liquidations within an hour. The price move in...

The Securities and Exchange Commission has reportedly chosen not to contest a court decision that ordered the regulatory agency to review its rejection of Grayscale's application to turn its Bitcoin (CRYPTO: BTC) trust into a more accessible exchange-traded fund (ETF). This move could...

Crypto investors are eagerly awaiting an important decision from the Securities and Exchange Commission (SEC) regarding the potential establishment of a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). According to Barron’s, this decision could significantly impact the...

Ripple (CRYPTO: XRP) CEO Brad Garlinghouse revealed the company's legal expenses surged to a staggering $200 million, doubling from the $100 million reported in July 2022. This significant increase underscored the escalating tensions between the cryptocurrency sector and the U.S....

The U.S. Securities and Exchange Commission (SEC) remains vigilant in its pursuit of crypto platforms and decentralized finance (DeFi) entities that it believes are infringing upon securities regulations, akin to the actions against Coinbase Global Inc. (NASDAQ: COIN) and Binance, stated David...

Joseph Lubin, co-founder of Ethereum (CRYPTO: ETH), says he's confident that the ongoing disagreements between crypto companies and the Securities and Exchange Commission (SEC) will be resolved favorably. Lubin said, “clear heads will prevail” in the context of the SEC's...

Ark Invest, in collaboration with 21shares, submitted a proposal to the Securities and Exchange Commission (SEC) for an Ethereum (CRYPTO: ETH)-based ETF, according to a filing on Sept. 6. The proposed ETF, named ARK 21Shares Ethereum ETF, aims to offer investors direct access to Ethereum...

Ford Motor Co (NYSE:F) said on Friday that it will incur an estimated $270 million to service several of its vehicles. The announcement comes on the heels of Ford issuing a recall for over 169,000 of its vehicles, citing issues with its rearview camera. What Happened: About $270 million will be...

After Grayscale's (OTC: GBTC) recent courtroom triumph over the Securities and Exchange Commission (SEC), Bloomberg ETF experts, James Seyffart and Eric Balchunas, have revised their predictions concerning the introduction of a spot Bitcoin (CRYPTO: BTC) ETF. These experts now foresee a...

The U.S. could soon have its first Bitcoin (CRYPTO: BTC) spot exchange-traded fund (ETF). The news is bound to be a major topic of discussion at Benzinga’s Future of Digital Assets event in New York City on Nov. 14, 2023. In addition to staying up-to-date on trends like artificial...