Hashdex Filed S-1 For Combined Spot Bitcoin, Ethereum ETF
Hashdex has submitted its S-1 filing with the US SEC, a step in growing its application for a combined spot Bitcoin and Ethereum ETF. The asset management firm Hashdex has submitted the S-1 filing for its combined spot Bitcoin and Ethereum ETF products. This is a significant accomplishment for the firm, as it occurs weeks […]
Judge Drops SEC Claims On Binance’s BNB Sales As Securities
Judge Jackson dismissed the SEC’s claims that the secondary sale of Binance BNB coins qualify as securities. However, she let the SEC pursue charges related to Binance’s BNB staking program, anti-fraud issues, and BNB sale after the ICO. Judge Amy Berman Jackson has dismissed the SEC’s claim that the secondary sales of Binance’s BNB coins qualify […]
Ripple CLO Highlights SEC’s Loss on Proxy Advisory Firms Rule
Ripple CLO Stuart Alderoty recently posted on X on the SEC’s legal loss. Alderoty becoming more dissatisfied with regulators with XRP lawsuit. Ripple CLO Stuart Alderoty recently took to X, where he highlighted the SEC’s defeat in a separate legal dispute. However, the Chief Legal Officer (CLO) of the Securities and Exchange Commission (SEC) has issued a post […]
Conclusion Of SEC’s Ethereum Investigation Favours Ripple
The decision to conclude SEC’s Ethereum investigation strengthens Ripple’s defense in the XRP lawsuit and highlights inconsistencies in the case. The U.S. Securities and Exchange Commission (SEC) has opted to discontinue its investigation into Ethereum, which could substantially bolster Ripple’s position in its ongoing legal dispute. MetaLawMan, a pro-XRP counsel, has emphasized that this development […]
US SEC Rejects Ripple’s Proposal for Civil Penalty
The US SEC has expressed dissatisfaction with Ripple Labs’ most recent argument for a civil penalty, asserting that it is insufficient. Ripple requested a penalty of “no more than $10 million” from Judge Analisa Torres of the United States District Court for the Southern District of New York on June 13, citing the SEC’s settlement […]