CyberKongz Faces SEC Wells Notice Over Alleged Securities Violations
TL;DR CyberKongz receives a Wells Notice from the SEC, suggesting possible violations of securities laws, which could lead to legal actions against the project. The...
Tag : SEC
Gary Gensler and His Leadership at the SEC: A Failure for Cryptocurrency Regulation
TL;DR The potential resignation of Gary Gensler as SEC Chair increases following his statements at an event, where he expressed being “proud to have served”...
Consensys Cuts Workforce by 20% Amid SEC Challenges and Legal Costs
TL;DR Consensys, creator of the MetaMask wallet, will cut 20% of its workforce, affecting over 160 employees due to economic factors and legal costs. Joe...
Mango DAO Rejects $700,000 SEC Settlement Proposal
by jose
TL;DR Proposal Rejected: Mango DAO voted against paying the U.S. SEC $700,000 to settle charges related to unregistered MNGO token sales. Voting Dynamics: Despite initial support,...
XRP: Can History Repeat Itself in a New Rally?
by Fernando
TL;DR The SEC’s decision to appeal the ruling has created distress in the XRP community. Historical data shows that XRP bottomed out just eight days...
Uniswap Generates $52.75M in Fee Revenue
TL;DR Uniswap generated $52.75 million in fee revenue between April and September 2024 after raising its fees. The fee hike increased the rate from 0.1%...
SEC Settles Charges Against TrueUSD Issuers Over Fraudulent Marketing Claims
TL;DR The SEC settled fraud charges with TrueCoin and TrustToken regarding TrueUSD. The stablecoin was not fully backed by U.S. dollars as advertised. Companies agreed...
Texas Court Dismisses ConsenSys Lawsuit Against SEC, Company to Continue Legal Battle
TL;DR A Texas court dismissed ConsenSys’ lawsuit against the SEC, as it did not constitute a final action by the agency. The court deemed the...
Messari Takes Stand Against SEC, Declares Regulatory Independence
TL;DR Messari, a blockchain analysis and security firm, has officially announced its decision to completely sever ties with the United States Securities and Exchange Commission...
Ethereum ETF Approval Nears as SEC Decision Looms for July 4
TL;DR The SEC could approve Ethereum spot price-linked ETFs by July 4, following the initial success of Bitcoin ETFs that attracted $8 billion in assets...
