SEC Cracks Down on Crypto 'Pig Butchering' Scams in Historic Action
The SEC has taken its first-ever action against crypto 'pig butchering' scams, charging two allegedly fake crypto exchanges with defrauding investors of millions.
The SEC has taken its first-ever action against crypto 'pig butchering' scams, charging two allegedly fake crypto exchanges with defrauding investors of millions.
SEC Commissioner Mark Uyeda proposes updating S-1 disclosure rules to better accommodate crypto firms, a crucial step towards constructive regulation.
US lawmakers criticize SEC's approach to crypto regulation, highlighting the industry's influence on politics and the need for a balanced regulatory framework.
Richard Schueler, aka Richard Heart, the founder of HEX and PulseChain, is suspected of tax evasion and assault in Finland, where he is a resident. The SEC is also suing him in the US for unregistered securities offerings.
The SEC fined Flyfish Club $750,000 for the unauthorized sale of NFTs deemed to be securities. Flyfish Club is a private dining club that sells memberships as NFTs.
US Representatives Tom Emmer and Patrick McHenry push SEC chair Gary Gensler to clarify the regulator's stance on crypto airdrops, raising concerns over decentralization.
Kraken denies SEC's securities claims, Brazil unfreezes Starlink accounts, UK introduces bill to clarify crypto's legal status.
John Deaton, a lawyer known for his legal advocacy in the crypto sector, has won the Massachusetts Republican nomination for Senate and shares his strategy to defeat the incumbent Senator Elizabeth Warren.
The SEC files amended complaint against Binance, focusing more on the exchange's token listing process and its role in the crypto asset markets.
The SEC's recent claim regarding crypto asset securities has sparked confusion, while the crypto market responds to external pressures and events.
SEC fines against crypto firms rise 3018% in 2024, reaching $4.68 billion. Major offenders include Terraform Labs and founder Do Kwon, as regulatory landscape tightens.
Grayscale Investments debuts Grayscale XRP Trust, enabling investors to gain exposure to XRP. This could potentially lead to an XRP exchange-traded fund.