Crypto News

Bitnomial Challenges SEC's Authority Over XRP Futures

Bitnomial files a lawsuit against the SEC, challenging its classification of XRP as a security and its jurisdiction over XRP futures contracts. The exchange seeks a court declaration to prevent SEC...

SEC Sues Cumberland DRW for Unregistered Securities Dealings

The SEC has filed a lawsuit against Cumberland DRW, alleging operations as an unregistered securities dealer, emphasizing the need for compliance in the financial industry.

SEC Chair Gary Gensler Critiques Crypto Industry at NYU

At NYU, SEC Chair Gary Gensler delivered a speech criticizing the cryptocurrency sector, labeling it fraught with fraud and emphasizing the importance of traditional currencies. His comments sparke...

SEC Commissioner Acknowledges Regulatory Challenges for Cryptocurrency

On October 10, SEC Commissioner Mark Uyeda recognized the problematic regulatory approach towards cryptocurrencies, shedding light on the ongoing challenges and uncertainties in the sector. This st...

SEC, FBI, DOJ Take Action Against Crypto Firms for Fraud and Manipulation

The SEC, FBI, and DOJ have filed lawsuits against multiple crypto firms, alleging fraud and market manipulation. Investigations target firms like Gotbit Consulting and involve various cryptocurrenc...