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In a significant move, the United States Supreme Court has issued a ruling that limits the authority of federal agencies, including the Securities and Exchange Commission (SEC) to interpret laws deemed “ambiguous” through the rulemaking process.
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In a recent development, Coinbase, the largest cryptocurrency exchange in the United States, has initiated a legal offensive against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC).
The lawsuits, filed in a Washington, D.C.
In a landmark case brought by the US Department of Justice (DOJ), two individuals have been convicted of manipulating the price of a crypto asset deemed a “security” and allegedly conspiring to defraud investors by purchasing Hydrogen Technology’s HYDRO cryptocurrency.
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The Commodity Futures Trading Commission (CFTC) has launched an investigation into the Chicago-based trading firm Jump’s participation in the crypto market, focusing on its trading and investment activities, according to an undisclosed source familiar with the matter, as reported by Fortune Magazine
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As the US elections approach, crypto billionaires have reportedly amassed a staggering $160 million war chest to support candidates supporting favorable digital asset industry regulations.
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In a significant legal development, Roger Ver, an early investor in Bitcoin, who has been indicted by the US Department of Justice (DOJ) on multiple charges, including mail fraud and tax evasion, has been released on bail by a Spanish court amid extradition requests from US authorities.
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As a result of its ongoing crackdown on the nascent crypto industry and mounting unfavorable results in its cases against digital asset platforms, the US Securities and Exchange Commission (SEC) has announced the impending closure of its regional office in Salt Lake City, citing “significant attriti
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