SEC Internal Investigator Leaves a Month After Raising Staff Retention Issues
The Securities and Exchange Commission has lost its acting inspector general, a month after he raised problems with the agency's staff retention under Chair Gary Gensler.
U.S. SEC Issues New Disclosure Guidelines Regarding Cryptocurrency
About a month after the FTX collapse, the United States Securities and Exchange Commission (SEC) has released new regulatory guidelines requiring firms which issue securities to inform customers of their risks and exposures to the crypto market.
SEC Cautions Companies to Disclose Exposure to Crypto Businesses
On Dec. 8, the SEC’s Division of Corporation Finance released a statement “regarding recent developments in crypto-asset markets.”
Top US Lawyers Believes the SEC Won’t Win Ripple Executives in XRP Lawsuit
Sasha Hodder, the founder of Hodder Law Firm <a href="https://twitter.com/sashahodler/status/1600336414494715905" target="_blank">disclosed</a> the fine both defendants would pay to the SEC if they lose the case. According to her, Christian Larsen and Brad Garlinghouse would have to pay $450 million and $150 million respectively as disgorgement fines.
SEC Wants Firms to Publicly Disclose if They Have Crypto Exposure
The U.S. Securities and Exchange Commission wants companies to publicly disclose if they have exposure to crypto assets, including whether they do business with any crypto-related companies.
Chia Network COO Believes Ripple Will Lose Against SEC
Gene Hoffman, chief operating officer at blockchain company Chia Network, believes <a href="https://zycrypto.com/xrp-lawsuit-attorney-reveals-ripples-biggest-danger-in-sec-case-as-it-edges-towards-gigantic-win/">Ripple</a> will lose against the Securities and Exchange Commission (SEC).
Attorney John Deaton Pinpoints SEC’s Next Action That Could Force Another 50% Market Crash
John Deaton, the renowned crypto proponent and the attorney representing over 75k XRP holders in the ongoing Ripple-SEC lawsuit, believes the SEC would launch a court battle against more crypto projects in the future as the agency continues its regulation of the nascent industry by enforcement.
XRP Lawsuit: SEC Holds No Answers For Ripple’s Argument, Claims Counsel
Stuart Alderoty, General Counsel for Ripple hinted the defendants are approaching the end of the SEC lawsuit. Both parties have urged the US District Judge Analisa Torress to give a ruling in their favor in the motions for summary judgment. However, Ripple’s General Counsel made a big claim against the commission in the XRP lawsuit.
Ripple vs. SEC: Alderoty Says Detractors Should First Understand Ripple Arguments Before Debunking Them
Ripple’s legal counsel Stuart Alderoty has slammed cryptocurrency media outlet Coindesk for its recent op-ed about the Ripple lawsuit. Coindesk columnist Preston Byrne said in the article that he expects Ripple to lose its case against the SEC “sooner or later.”
Congressman Calls for Investigation Into Gensler, SEC’s Role in FTX Collapse
In a strongly worded letter sent Tuesday, Representative Ritchie Torres (D-NY) called upon the Government Accountability Office (GAO) to conduct an independent review of the SEC’s actions—or lack thereof—in the months leading up to FTX’s implosion last month.
