Wisconsin Increases Holdings in BlackRocK Bitcoin ETF
According to a recent SEC filing, the State of Wisconsin Investment Board has raised its holdings in BlackRock’s iShares Bitcoin Trust. The State of Wisconsin now owns about 2.9 million shares of BlackRock’s iShares Bitcoin, according to a U.S. SEC filing dated August 14—a trust with a $99.1 million approximate value. With the addition of […]
XRP Futures Listings Eyes Major Exchanges, ETF To Launch?
The launch of XRP futures contracts has sparked speculation about the potential launch of an ETF as XRP eyes future listings on major exchanges. A significant development for Ripple’s native coin, XRP, is again in the spotlight as a major exchange announces plans to introduce the XRP futures contracts. The exchange recently informed the Commodity […]
SEC Targets Ideanomics for Fraud Over Misleading Crypto Disclosures
SEC charges Ideanomics and executives with fraud for misleading financial disclosures from 2017 to 2019. Ideanomics Inc. and three of its senior executives have been accused with fraud by the U.S. Securities and Exchange Commission (SEC) for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu , current CEO Alfred […]
SEC and Ideanomics Settle Over $40M Crypto Revenue Fraud Case
The Ideanomics case underscores the significance of adhering to federal securities laws and the potential consequences of misleading financial practices. The United States Securities and Exchange Commission (SEC) has resolved fraud charges against Ideanomics related to financial reporting and “misleading the public about the company’s performance.” According to the SEC’s official site , an investigation […]
Crypto Execs Advocate For Gary Gensler’s Dismissal
The White House hosts a meeting with crypto leaders to address concerns regarding U.S. crypto regulations, emphasizing Gary Gensler’s actions at the SEC. The future of cryptocurrency regulation in the United States was the subject of a discussion between the White House and senior representatives of the crypto industry on Thursday. The event, sponsored by […]