Former SEC Attorney Believes Market Manipulation Is the Reason for Rising Bitcoin Price
On Saturday (14 January 2022), John Reed Stark, an expert on digital regulatory compliance with 15 years of experience as an SEC enforcement attorney, said that he believes Market Manipulation is the reason that over the past few days the Bitcoin price has been rising.
US Lawmaker Tom Emmer Says SEC Is ‘Protecting’ No One
U.S. lawmaker Tom Emmer said SEC chairman Gary Gensler is “protecting” no one with his “regulation through enforcement” strategy.
XRP Lawsuit: Lawyer Predicts What Can Eliminate Jury Trial
The Ripple Defendants and U.S. Securities and Exchange Commission (SEC) recently filed their Partial Opposition to each other’s Motion to restrain several documents. With this move, both parties are now over with cross motions for Summary Judgment. However, XRP holders’ lawyer in the Ripple Lawsuit has dropped multiple predictions around the case ahead.
Tyler Winklevoss Calls SEC Lawsuit Against Gemini Politically Motivated
In a series of tweets, Gemini co-founder, Tyler Winklevoss, slammed SEC for filing a lawsuit against his crypto exchange. Earlier, the US SEC announced that it was suing Gemini and Genesis for allegedly offering unregistered securities.
SEC Files Complaint Against Gemini and Genesis for Allegedly Selling Unregistered Securities
The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. The SEC is seeking permanent injunctive relief, disgorgement of ill-gotten gains, plus front-end interest and civil penalties.
'Most Cryptocurrencies Will Fail', Warns SEC's Gary Gensler
Gary Gensler, chair of the U.S. Securities and Exchange Commission, has warned investors against dabbling with cryptocurrencies
Grayscale Says Recent Events Will Not Affect GBTC Conversion Case Against SEC
Grayscale’s chief legal officer Craig Salm said on Jan. 12 that he does not expect the recent spate of events in the crypto space to impact its case against the SEC.
Gary Gensler Finds New Audience for His Crypto Skepticism: The US Army
United States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the United States Army.
Crypto Is the ‘Wild West,’ Gensler Tells US Army
The latest audience to Gary Gensler’s long-running crypto scepticism? The US Army. When it comes to speculative assets — which include digital ones, in the newest iteration of the SEC chair’s crypto critiques — Gensler remains sceptical as ever, he said during a Twitter spaces hosted by the Army on Wednesday. In a session branded as financial advice for US service members, Gensler said most cryptocurrencies lack proper regulatory compliance and use cases. The crypto industry is the “Wild West,” per Gensler, adding, once again, that it’s easy to get caught up in “FOMO” swirling around the sector. Or at least the fear of missing out that was prevalent before the bear market. (Blockworks)
Thai SEC to Investigate Zipmex About Violating Certain Crypto Rules
According to a Bloomberg coverage, the top financial regulator of Thailand will probe the bankrupt Zipmex for violating local laws and running a “digital-asset fund manager without permission.”
