SEC Settles with Mango Markets Over Unregistered Crypto Sale
The SEC claims that Mango markets raised over $70M through unregistered sales, violating federal securities laws. The United States Securities and Exchange Commission (SEC) announced today that it has reached a settlement with Mango DAO, Blockworks Foundation, and Mango Labs LLC regarding their involvement in the unregistered sale of cryptocurrency assets on the Mango Markets […]
SEC Delays Ethereum ETF Options Decision to November
The US Securities and Exchange Commission has postponed determining whether to allow options for trading for Ethereum ETFs on the spot. The SEC stated in two different filings that it needs “enough time to consider the proposed rule change” before allowing NYSE American LLC and Nasdaq ISE LLC to provide options trading for Ethereum ETFs […]
Ex-SEC Lawyer Disclose Agency’s Appeal In XRP Lawsuit
Marc Fagel, an ex-SEC lawyer, disclosed the agency’s potential appeal strategy in the XRP lawsuit as the deadline for the US SEC to file an appeal. The XRP lawsuit has been a topic of interest to investors in recent months, as the lengthy dispute was resolved in August. Nevertheless, the most recent developments suggest that […]
Terraform Labs May Stop Products, Services Amid Bankruptcy
On September 25, Terraform Labs warned X that it would terminate several products and services on October 30 if no third parties took over. On September 25, Terraform Labs warned X that it would terminate several products and services on October 30 if no third parties took over. The selloff is a component of Terraform’s […]
US SEC Wins as Judge Rules Crypto ‘Boxes’ as Securities
US SEC has accused Green United of running a fraudulent operation by raising $18 million from investors through the sale of these devices. The Securities and Exchange Commission (SEC) has been successful in having a federal court in the United States of America rule that cryptocurrency mining machines are securities. The Securities and Exchange Commission […]