SEC

CoinFlash

SEC Seeking ‘Smart Contract’ Tracing Tool That Can Spot Security Vulnerabilities

The federal securities watchdog has taken an interest in DeFi's most basic building block.

News  ·  4 August 2020
IPOs

INX Scales Down US IPO Target to $117M – Still Set to Be Crypto’s Largest

The cryptocurrency and security token exchange has filed an updated IPO prospectus with the SEC, lowering the maximum expected raise and proposing a new launch date.

Business  ·  4 August 2020
CoinFlash

SEC Wants to Start Scrutinizing Binance Chain Transactions

Company executives anticipated regulators might one day take an interest in Binance Chain

News  ·  30 July 2020
SEC

605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasurys Fund

A look inside Arca and TokenSoft’s 605-day crusade to register the first Ethereum blockchain-native ‘40 Act Fund.

News  ·  29 July 2020
Regulation

SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps

The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

Policy & regulation  ·  13 July 2020
Cannabis

Cannabis and Lending Firm Seeks SEC Permission to Raise $50M in Crypto Sale

Ceres, started by graduates of the U.S. Military Academy, recently filed paperwork with the SEC seeking permission to sell its digital token and Ceres coin.

Business  ·  9 July 2020
Regulation

Mapping the Future of the SEC (There’s a Nonzero Chance Hester Peirce Takes Over)

The future of the U.S.’s federal securities regulator, and perhaps the direction of cryptocurrency policy, is up in the air. We game out the scenarios.

Policy & regulation  ·  26 June 2020
Money Laundering

AML Bitcoin Founder Claims DC Lobbyist Jack Abramoff, US Government Are ‘Extorting’ Him

AML Bitcoin's Marcus Andrade claims he is being extorted by the U.S. government in a response to Thursday's charges by the Department of Justice and the Securities and Exchange Commission.

News  ·  26 June 2020
SEC

Sovrin Foundation Sheds All Paid Staff in Tale of a Token Issuance Gone Wrong

The Sovrin Foundation, a digital ID non-profit, laid off all paid employees after failing to secure funding for an SEC-compliant token issuance.

Business  ·  25 June 2020
Lawsuits

Telegram Agrees to Pay $18.5M Penalty in SEC Settlement Over Failed TON Offering

Telegram has settled its six-month court case with the SEC, agreeing to pay $18.5 million in penalties and to notify the agency if it plans to issue another digital asset in the next three years.

Policy & regulation  ·  25 June 2020
Regulation

New York US Attorney Geoffrey Berman Steps Down, President Trump Nominates SEC Chair Jay Clayton to Post [Updated]

SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing U.S. Attorney Geoffrey Berman, who said he had not resigned.

News  ·  20 June 2020
SEC

SEC Claims Brothers Lied About Digital Asset Fund Performance, Used Profits for Personal Use

The U.S. Securities and Exchange Commission moved Friday to halt an allegedly fraudulent digital asset investment fund run by two Pennsylvania brothers.

News  ·  19 June 2020
Bitcoin

Three Arrows Capital Now Holds More Than 6% of Grayscale’s $3.6B Bitcoin Trust

Three Arrows Capital now holds about 6.26% of the shares in the Grayscale Bitcoin Trust, or more than 20,000 bitcoins' worth.

News  ·  11 June 2020
SEC

SEC Moves to Freeze Assets of Alleged $12M Crypto Investment Scam

The SEC is trying to freeze the assets of a cryptocurrency mining and multilevel marketing scheme that it claimed bilked investors of $12 million.

News  ·  5 June 2020
SEC

SEC ‘Crypto Mom’ Hester Peirce Tapped for Second Term at US Regulator

SEC Commissioner Hester Peirce has reportedly been nominated to another five-year term at the agency.

News  ·  3 June 2020