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SEC

SEC Opposes Celsius Network’s Plan to Involve Coinbase in Bankruptcy and Reorganization

On Monday, the United States Securities and Exchange Commission (SEC) voiced its objection to Celsius Network’s proposal involving Coinbase as part of its bankruptcy and reorganization plan. The move came...
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Crypto Industry Expert Criticizes SEC’s Regulatory Approach at TechCrunch Disrupt 2023

At TechCrunch Disrupt 2023, Chris Lehane, Chief Strategy Officer of Haun Ventures, a prominent web3-focused venture capital firm, expressed concerns over the regulatory landscape surrounding the crypto industry. Lehane argued...
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SEC’s Bid to Access Binance US Software Denied by Federal Judge

In a recent court hearing, the Securities and Exchange Commission (SEC) faced a setback as a federal magistrate judge denied their request to access the software underlying Binance US, the...
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Mahone and Soulja Boy Lose Lawsuit Against SEC Over crypto Promotion

In a recent development reported by Protos, pop sensation Mahone and renowned rapper Soulja Boy, legally known as DeAndre Cortez Way, have suffered a legal setback in a lawsuit filed...
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Man from Hawaii Charged by SEC for Pump-and-Dump Scheme Involving Fake Press Releases

Jeremy Koski, a resident of Hawaii, has been charged by the Securities and Exchange Commission (SEC) for his alleged involvement in a pump-and-dump scheme that targeted unsecured loans. According to...
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SEC Sues NFT Project in First Enforcement Action

The U.S. Securities and Exchange Commission (SEC) has sued a non-fungible token (NFT) project, marking the first time the authority has taken enforcement action against a company for selling unregistered...
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Federal Court Battle Continues as SEC Pursues Appeal in Ripple Labs Case

In a recent development that has left the cryptocurrency world buzzing, the battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to unfold. The dispute revolves...
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Cryptocurrency Exchange Bittrex Settles $24 Million Case with SEC

(Image credits: Forbes) In a significant development, Bittrex, a cryptocurrency exchange headquartered in Seattle, has reached a settlement agreement with the United States Securities and Exchange Commission (SEC), putting an...
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Nigerian SEC Cracks Down on Binance: Warns Investors Against Unlicensed Crypto Operations

(Image credits:Vanguardnews) In a recent development, the Nigerian Securities and Exchange Commission (SEC) has cautioned local investors against using Binance, one of the world’s largest crypto exchanges. The SEC’s warning,...
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U.S. Judge Denies Terraform Labs’ Motion, Allowing SEC’s Crypto Fraud Case to Move Forward

In a significant development for the cryptocurrency industry, U.S. District Judge Jed Rakoff ruled against Terraform Labs’ motion to dismiss a securities fraud lawsuit brought forth by the Securities and...
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