According to Ripple, consumers suffer from SEC’s scams
The statement comes amid claims by Ripple Labs and other detractors that the SEC overstepped its bounds in policing the cryptocurrency sector. In response to a recent opinion post by SEC chairman Gary Gensler, Ripple Lab’s general counsel Stu Alderoty argues that the agency’s crackdowns on the cryptocurrency sector aren’t safeguarding consumers. Alderoty said that […]
FBI warns about cybercriminals using DeFi as a target
The enforcement agency (FBI) highlighted smart contracts managing DeFi systems as a specific source of worry. In light of the $1.6 billion in exploits planned for 2022 against decentralized finance (DeFi) networks, the US Federal Bureau of Investigation (FBI) has issued a new warning to investors in these platforms. In a public service notice posted […]