Crypto News

SEC Settles Case with Rimar Over False AI Trading Claims

The SEC has settled with Rimar for misleading investors about using AI for trading. Rimar will pay $310,000 in civil penalties. Learn more about the case and AI-washing allegations.

Bitnomial Challenges SEC Authority: The XRP Futures Legal Battle

Explore Bitnomial's lawsuit against the SEC questioning its authority on XRP futures. This legal dispute amplifies the conflict between the SEC and CFTC regarding cryptocurrency regulation.

SEC's Stance on XRP: Security Status and Delayed ETF Approval

On October 11, Nate Geraci confirmed via social media that the SEC still classifies XRP as a security, delaying potential ETF approval—details are shared from Fox Business 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.