XRP Attorney Gives Clarification on Secondary Sales
US SEC classifies each transfer of XRP as a security, regardless of the seller or the circumstances surrounding the transaction. The issue of XRP secondary transactions in the long-running U.S. Securities and Exchange Commission (SEC) vs. Ripple lawsuit remains crucial for the significant crypto assets. However, the XRP proprietors’ attorney suggests a ruling on XRP […]
Ripple Chief Legal Officer Gets Honored
The Burton Award 2023 in the ‘Legends in Law’ category was recently presented to Stuart Alderoty, Chief Legal Officer of Ripple. While the crypto market environment continues to expand despite enforcement actions by the United States Securities and Exchanges Commission (SEC), the Bitcoin price has recently increased due to spot Bitcoin ETF filings by financial […]
U.S. House Committee Chairs Increase Pressure on SEC Chief
U.S. House Committee sent a letter regarding recordkeeping, FOIA. And an industry advocacy group advised Wells notice recipients to request his recusal. Three committee chairs in the United States House of Representatives have sent a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler demanding a more satisfactory response to their letter dated […]
US SEC Moves To Seize Do Kwon’s Cryptocurrency Assets
The US SEC urged Swiss prosecutors to freeze Terra founder Do Kwon’s crypto assets in the digital asset bank Sygnum. The New York Federal Prosecutors Office and the United States Securities and Exchange Commission (SEC) requested Swiss prosecutors to hold crypto assets and fiat currency associated with Terraform Labs and co-founder Do Kwon’s in digital […]
US SEC Approves First-Ever Bitcoin Leveraged ETF
The Securities and Exchange Commission (SEC) of the United States has approved Volatility Shares’s 2x Bitcoin Strategy ETF. The approval of 2x Bitcoin Strategy ETF, also known as BITX, by the U.S. Securities and Exchange Commission (SEC) paves the way for the launch of the Volatility Shares ETF on Tuesday, June 27, 2023. This will […]