#SEC

Terraform Labs has declared its opposition to paying the $5.3 billion fine levied by the American regulatory authority, pointing out that most investors in the TerraUSD (UST) stablecoin are based outside the U.S. It should be noted that the project saw a total of $40 billion in assets obliterated.

Newly revealed documents from a Consensys lawsuit indicate that the SEC's committee approved an investigation named "Ethereum 2.0" in April 2023. According to Fox Business, these documents provide insights into the SEC's evolving views on Ethereum's classification as a security.

The Securities and Exchange Commission (SEC) of the United States secretly investigated Dapper Labs, known for its NFT initiatives, concluding its probe on September 29, 2023. Fortune, an American business publication, disclosed this based on an internal agency document.

The Texas-based clothing company Beba and the DeFi Education Fund (DEF) have filed a lawsuit to challenge the SEC's classification of airdropped BEBA tokens as investment contracts (securities).

In a recent publication, SEC Chairman Gary Gensler recognized the potential benefits of artificial intelligence (AI) in the financial sector but cautioned that not every company claiming to use AI is doing so, despite their assertive statements.

A US court has declared that trading certain cryptocurrencies on the secondary market amounts to dealing in securities, thereby falling under the purview of the Securities and Exchange Commission (SEC). Judge Tana Lin delivered this verdict while presiding over an insider trading case involving acquaintances of employees at the crypto exchange Coinbase.

The U.S. Securities and Exchange Commission (SEC) contends that bankrupt Terraform Labs should not be permitted to cover the costs of expensive legal representation for its employees.

Chairman Patrick McHenry of the U.S. House Financial Services Committee has accused SEC Chairman Gary Gensler of misleading Congress.

The U.S. Securities and Exchange Commission (SEC) has charged the Texas-based mining company Geosyn and its founders, Caleb Ward and Jeremy McNutt, for engaging in fraudulent activities.

The U.S. Securities and Exchange Commission (SEC) has charged an additional 17 managers connected to the cryptocurrency platform CryptoFX, accusing them of orchestrating a $300 million Ponzi scheme. This action comes 18 months after the SEC banned CryptoFX's operations and accused its founders of fraud.

SEC Commissioner Hester Peirce has advocated for a shift towards a more decentralized American financial system and called for lighter regulations, including those affecting cryptocurrencies. She has been a vocal supporter of digital assets since her appointment in 2018.

Ulrich Bindseil, Director General of Market Infrastructure and Payments at the European Central Bank, along with his advisor Jürgen Schaaf, have openly expressed their disappointment with Bitcoin ETFs and the influx of capital into the crypto sector after the SEC's landmark decision.