US SEC Designate Crypto As Examination Priority in 2025
The US SEC has prioritized cryptocurrencies in its examination agenda for the upcoming year, despite the possibility of a change in its leadership and government control. The SEC’s Division of Examinations disclosed its objectives for 2025 in a notice issued on October 21, encompassing crypto assets and their “associated products and services.” The regulator intended […]
FBI Arrests Hacker Behind Fake SEC Bitcoin ETF Approval
FBI arrested Eric Council Jr. for hacking the US SEC’s X account and creating a Bitcoin price surge with a fake ETF approval tweet. The Federal Bureau of Investigation (FBI) has arrested Eric Council Jr., 25, from Athens, Alabama, in connection with the unauthorized access of the United States Securities and Exchange Commission’s (SEC) X […]
US SEC Spokesperson Confirms Ripple Lawsuit Appeals
Despite community speculation, a US SEC spokesperson has confirmed its plan to proceed with Ripple’s appeals. The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. continues to see new developments. Despite widespread speculation that the SEC missed the deadline to file Form C for its appeal, a spokesperson for the […]
US SEC Sues Cumberland DRW of $2B Unregistered Crypto Sales
US SEC has charged Cumberland DRW with violating securities laws by transacting over $2 billion in crypto assets as an unregistered dealer. The U.S. Securities and Exchange Commission (SEC) has charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in the crypto asset market. The SEC alleges that Cumberland carried out over $2 billion in […]
Ripple Files Cross-Appeal In SEC Lawsuit
Ripple has filed a cross-appeal in its lawsuit against the US SEC, adding a fresh twist to the long-running legal battle. Ripple’s Chief Legal Officer has announced that the company has filed a cross-appeal in its legal case against the US Securities and Exchange Commission (SEC), marking a significant development in the ongoing dispute since […]