U.S. SEC Seeks Strict Penalties Against Ripple Labs in Landmark Crypto Case
Ripple claims unclear regulations and inconsistent SEC guidance, while the SEC argues Ripple continued unregistered sales ...
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.
Ripple claims unclear regulations and inconsistent SEC guidance, while the SEC argues Ripple continued unregistered sales ...
The SEC has filed its redacted remedies brief, stating that Ripple has continued its primary business ...
SEC files final reply brief in Ripple case; details remain under seal and redacted versions are ...
The SEC has issued a Wells Notice to Robinhood, suggesting impending enforcement action over crypto assets. ...
The U.S. cryptocurrency market faces stricter regulations, starting with major exchanges, while Ethereum's classification remains uncertain. ...
Terraform Labs announces restrictions for U.S. users in anticipation of a court order amid ongoing legal ...
Magistrate Judge Netburn's scheduling order addresses Ripple's motion in ongoing SEC dispute. Charting Guy identifies potential ...
Consensys has initiated a lawsuit against the SEC, challenging its authority to regulate Ether (ETH) as ...
The SEC is likely to reject applications for spot ether ETFs, causing concern among U.S. crypto ...
BlackRock iShares Bitcoin Trust (IBIT) saw its first day of $0 inflows since Bitcoin ETFs were ...
Ripple contests the SEC's demand for $2 billion in penalties, suggesting a significantly lower fine of ...
Ripple's opposition brief response to SEC lawsuit could be decisive for XRP's legal status & market ...
© Cryptotale. Blockchain News Media. All Rights Reserved.