US Securities and Exchange Commission

In a shocking turn of events, QXO Inc. (NASDAQ:QXO) a company associated with former President Donald Trump‘s son-in-law Jared Kushner, experienced a drastic 80% drop in pre-market trading. The company’s shares fell sharply to $12.00 from Monday’s closing price of $60.50,...

Amid the evolving landscape of cryptocurrency investment vehicles, issuers of Bitcoin (CRYPTO: BTC) ETFs have cast doubt on the U.S. Securities and Exchange Commission’s (SEC) readiness to greenlight an Ethereum-based ETF (CRYPTO: ETH). What Happened: Issuers of Bitcoin ETFs expressed doubts...

The Securities and Exchange Commission (SEC) has rejected a bid by Binance to dismiss a lawsuit against it. The SEC alleges that Binance has misused and misinterpreted legal principles in its defense. What Happened: The SEC has contested Binance’s attempt to dismiss the regulator’s...

Galaxy Digital Holdings Ltd. (OTC: BRPHF) CEO Michael Novogratz on Wednesday exuded confidence in the approval of spot Bitcoin-exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) this year. Reflecting on the recent legal stride by Grayscale Investments LLC,...

Several months before Genesis Global Holdco LLC halted deposits and eventually declared bankruptcy, cryptocurrency exchange Gemini Trust Co. reportedly withdrew a significant sum from the lender. This move was part of an initiative by Gemini, owned by the Winklevoss twins, Tyler and Cameron, to...

Coinbase Global, Inc. (NASDAQ:COIN) initiated one of the largest lobbying efforts by the crypto industry on Wednesday, aimed at rallying support among lawmakers for the introduction of new legislative rules for the industry, Barron’s reported. This event, named “Stand With Crypto Day,...

The Securities and Exchange Commission (SEC) has charged podcaster Matthew Motil with orchestrating an $11 million real estate Ponzi scheme, Business Insider reported.  The SEC filed a complaint against the host of “The Cash Flow King” podcast in the Northern District of...

The Securities and Exchange Commission has once more postponed its verdict on the approval of all the nation's inaugural Bitcoin (CRYPTO: BTC) focused exchange-traded fund until October. The move leaves industry proponents perplexed, especially in light of a recent court judgment that...

Several venture capital firms — including Menlo Park, California-based Sequoia Capital, Singapore's Temasek Holdings, Japan's SoftBank Group of Japan, and Hong Kong's Sino Global Capital — face a class action lawsuit due to their alleged involvement in the downfall of FTX....

The U.S. Securities and Exchange Commission (SEC) is set to initiate the approval process for Spot Bitcoin ETFs, with eight different applicants listed on the federal register. The SEC has also invited public feedback through a document released last week. Leading asset management firms, BlackRock...

In a significant development for the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) recognized the spot Bitcoin (CRYPTO: BTC) ETF applications from several major firms, including Fidelity, VanEck, WisdomTree, Invesco and BlackRock Inc (NYSE: BLK). This...

24 Exchange, a trading platform that secured $14 million in funding in late 2021, which included support from Point72 Ventures led by Steve Cohen, has decided to discontinue its spot cryptocurrency product. This comes as global regulators intensify their scrutiny of cryptocurrencies. The Bermuda-...

EDX Markets, a crypto exchange exclusively for institutional investors, has launched with the backing of big financial players like Citadel Securities, Fidelity Digital Assets, and Charles Schwab Corp (NYSE: SCHW). This development has the potential to transform the cryptocurrency sector,...

Avraham Eisenberg, a trader involved in a staggering $110 million cryptocurrency theft, will stand trial in a New York court on Dec. 4. U.S. District Judge Richard Berman in Manhattan announced the trial date for Eisenberg, who faces charges including commodities fraud, commodities...

Binance CEO Changpeng "CZ" Zhao said on Wednesday he is not required to attend court in person, responding to news about his summons linked to a lawsuit lodged by the U.S. Securities and Exchange Commission (SEC). CZ clarified this development was standard...