Kraken’s Appeal Denied, SEC Case Against Exchange Proceeds
The US District Court for the Northern District of California Judge William Orrick denied Kraken’s interlocutory appeal, asserting that it
The Securities and Exchange Commission (SEC) is the Federal Government’s regulatory agency, responsible for overseeing the crypto industry’s compliance with its regulations. The agency was created by Congress in 1934 to regulate the securities market.
The SEC is destined to secure investors’ protection from frauds and scams, through convenient rules. The regulators also handle the registration of crypto companies, ensuring regulatory adherence. The SEC has been involved in lawsuits against industry leads such as Ripple, Binance, Coinbase, and Kraken. The crypto industry faced the severe crypto winter in 2022 following the SEC’s lawsuit against the once-prominent FTX, which later collapsed.
The Crypto regulatory landscape is constantly evolving with new rules and many major players are facing allegations for not compiling with those. It is the SEC acting as a guard to protect investors by applying the right laws. To know the latest movements of SEC that holds a significant impact, read from CryptoTale.
The US District Court for the Northern District of California Judge William Orrick denied Kraken’s interlocutory appeal, asserting that it
Gary Gensler, the US Securities and Exchange Commission (SEC) chairman, could resign early before the end of his term in
The U.S. Securities and Exchange Commission (SEC) faces another lawsuit for its iron fist approach to cryptocurrency. On Thursday, over
The US Securities and Exchange Commission (SEC) has sought to strike out three defenses that the cryptocurrency exchange Kraken advanced.
Binance and its former CEO Changpeng Zhao have filed a motion to dismiss an amended complaint from the United States
Grayscale Investments has filed a request with the U.S. Securities and Exchange Commission (SEC) to convert its multi-crypto Digital Large
Ripple Labs continues to face legal pressure from the U.S. Securities and Exchange Commission (SEC). This ongoing battle has affected
Bitnomial, a Chicago-based cryptocurrency exchange, has filed a lawsuit against the United States Securities and Exchange Commission (SEC). According to
Ripple has filed a cross-appeal to the ongoing case against the U.S Securities and Exchange Commission (SEC). The company intends
Thailand Securities and Exchange Commission (SEC) has proposed new regulations for mutual and private funds to invest in cryptocurrency. The
The Ripple lawsuit, one of the most protracted high-profile cases in the crypto industry, has sparked intense discussion about its
The ongoing lawsuit between Ripple and the SEC has generated risks and opportunities and created a lot of turbulence in
© Cryptotale. Blockchain News Media. All Rights Reserved.