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State attorneys general argue that the SEC is trying to claim jurisdiction that rightfully belonged to states.
A group of state attorneys general are arguing that the U.S. Securities and Exchange Commission exceeded its authority in suing the crypto exchange Kraken. State law enforcement offici...
6 months ago
Coinbase had trouble dealing with high volume of traffic on its platform, after Bitcoin’s price briefly reached nearly $64,000.
Major cryptocurrency exchange Coinbase said that the platform was beginning to function normally after experiencing a technical glitch, causing users to see zero balances on their acco...
7 months ago
Additionally, the SEC has said that Terraform should not be allowed to hire law firm Dentons or pay litigation costs for employees, the report said.
The U.S. SEC has objected to Terraform’s $166 million retainer of Law Firm Dentons. The SEC alleges that the money was “siphoned” off into...
7 months ago
Ark Invest and 21Shares Integrate Chainlink to Enhance Transparency and Security for ARKB Investors
Asset managers Ark Invest and 21Shares have announced a collaboration to enhance transparency for their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink’s Proof of Reserve platform...
7 months ago
Crypto exchange Kraken announced the launch of Kraken Institutional on Feb. 27, a new division aimed at delivering specialized services to institutional clients.
This move is part of Kraken’s strategy to secure a significant position in the Bitcoin exchange-traded fund (ETF) market. Kraken Institutional consolidates the exchange’s e...
7 months ago
Kwon’s US SEC fraud case is scheduled for March 25. However, his lawyer doubts he will be extradited before the end of that month.
Do Kwon, the co-founder of Terraform Labs, might miss the commencement of a significant civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. According to Reuters...
7 months ago
Warren reiterated her disdain for the industry in an interview.
Warren said that crypto would need to fall in line with the rest of the U.S. financial sector. The senator’s anti-money-laundering bill, which would b...
7 months ago
FTX’s Bankman-Fried seeks mercy, apologizes for $8 billion fraud, and implores the judge to reject the recommended 100-year jail term.
Sam Bankman-Fried, the disgraced founder of the FTX crypto exchange, is trying to get a shorter prison sentence after he was convicted of fraud and is now facing more than 100 years in...
7 months ago
Kraken Shares ‘Real Story’ of SEC’s Lawsuit
Cryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explaine...
7 months ago
A group of five United States senators has taken significant action against the proposal of a digital dollar by introducing a bill aimed at prohibiting the issuance of central bank digital currencies (CBDCs).
Senators Ted Cruz (R-TX), Bill Hagerty (R-TN), Rick Scott (R-FL), Ted Budd (R-NC), and Mike Braun (R-IN) collectively introduced the Central Bank Digital Currency (CBDC) Anti-Surveilla...
7 months ago
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