WisdomTree launches 9 new ‘blockchain-enabled’ funds
Nine more blockchain-enabled funds from asset management WisdomTree, worth $82 billion, have received approval from the U.S. Securities and Exchange Commission (SEC). None of these funds actually monitor cryptocurrency assets, but the company does use the Ethereum and Stellar blockchains to maintain a secondary record of share ownership, making them blockchain-enabled or, as WidsomTree calls […]
Bahamian Securities Regulator Slams New FTX CEO
Bahamian securities regulator has slammed FTX’s new CEO for his statements regarding the ongoing investigation into the bankrupt crypto exchange. Bahamian regulators say that they were the first to take action against SBF, and that recent actions of the current CEO hindered their investigation. The new CEO of FTX has come under fire from the […]
SEC intends to file separate accusations against FTX’s SBF
SBF will be extradited to the United States after receiving formal criminal charges, where he will face separate charges from the SEC. The worst is still to come for Sam Bankman-Fried (SBF), the disgraced founder of the crypto exchange FTX. The United States Securities and Exchange Commission (SEC) announced on December 12 that it is […]
Ripple files final submission in its case against SEC
After a two-year legal struggle, the prominent crypto case between Ripple and the US Securities and Exchange Commission (SEC) is coming to an end as Ripple filed its final submission against the US regulator on Dec. 2. The SEC and Ripple each submitted a redacted reply to the other’s objection to a move for summary […]
Bahamas regulator directs FTX to transfer crypto to govt wallets
The Securities Commission of the Bahamas said it ordered FTX to transfer all digital assets to a government-controlled wallet for safekeeping. In the exercise of its powers as regulator acting under the authority of an Order made by the Supreme Court of The Bahamas, the Securities Commission of The Bahamas (‘the Commission’) directed the transfer […]