Crypto News

SEC Settles With Rimar Over False AI Trading Claims

The SEC has reached a settlement with Rimar for misleading investors about the use of AI in trading. Rimar's false claims raised nearly $4 million, leading to a $310,000 penalty without admission o...

Grayscale Moves to Convert Digital Large Cap Fund into ETF

Grayscale Investments has filed to convert its Digital Large Cap Fund into an ETF, allowing it to trade on the NYSE. This move follows the conversion of its Bitcoin and Ethereum funds this year, de...

SEC Sues Saitama Inu Issuer: Regulatory Actions in Crypto

The SEC has filed a lawsuit against an individual behind the Saitama Inu MEME coin, emphasizing increased scrutiny in the cryptocurrency market. Details of the allegations remain undisclosed, refle...

SEC Sues UBI Blockchain for Failure to File Regular Reports

The SEC has filed a lawsuit against UBI Blockchain for failing to submit required filings since a June 2023 order dismissed a previous case. This raises concerns for investors regarding compliance ...

Bitwise Files XRP ETF Registration with SEC: A Game Changer for Cryptocurrency

Bitwise has submitted an S-1/A registration for an XRP ETF with the SEC. This could boost cryptocurrency accessibility and set a precedent for future ETFs. Investors are keenly watching the SEC's d...