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Showing posts with the label SEC Account

SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry

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SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry The U.S. Securities and Exchange Commission (SEC) has recently reversed its aggressive stance on cryptocurrency enforcement, notably withdrawing its investigation into OpenSea, the leading non-fungible token (NFT) marketplace. This move reflects a broader regulatory shift under the new administration, aiming for clearer guidelines and reduced litigation in the crypto sector. In August 2024, OpenSea disclosed receiving a Wells Notice from the ... SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry Coinatory

SEC Chair Atkins Cites 'Huge Benefits' for Crypto at Third Agency Roundtable

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SEC Chair Atkins Cites 'Huge Benefits' for Crypto at Third Agency Roundtable In one of his first public engagements since assuming leadership of the U.S. Securities and Exchange Commission (SEC), Chair Paul Atkins emphasized the transformative potential of blockchain technology during the agency’s third cryptocurrency roundtable. Sworn in on April 21, Atkins addressed participants at the "Know Your Custodian" event on April 25, signaling a pivotal shift in the SEC’s approach to digital asset regulation. Atkins articul... cryptocurrency news today

Superstate Registers Blockchain Transfer Agent with SEC

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Superstate Registers Blockchain Transfer Agent with SEC The U.S. Securities and Exchange Commission (SEC) has officially registered Superstate Services LLC, a blockchain-powered transfer agent, with Superstate, a prominent on-chain asset management company. The company's attempts to improve the integration of tokenized securities within the conventional financial ecosystem have taken a major stride with this move. The recently registered digital transfer agent supports Superstate's objective of us... Superstate Registers Blockchain Transfer Agent with SEC

Hacker in SEC X Account Breach Faces $50K Fine in Plea Deal

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Hacker in SEC X Account Breach Faces $50K Fine in Plea Deal Eric Council Jr. has entered a guilty plea to the charges against him for allegedly helping to breach the U.S. Securities and Exchange Commission's (SEC) X (previously Twitter) account. According to Bloomberg, Council might forfeit $50,000 as part of his guilty agreement. On February 9, 2025, federal prosecutors filed the requested forfeiture in the U.S. District Court for the District of Columbia. Following the misleading post that falsely s... Coinatory cryptonews

Ripple Lawsuit Still Listed on SEC Website Despite Rumors

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Ripple Lawsuit Still Listed on SEC Website Despite Rumors The dispute may be coming to a close, according to social media speculation that the U.S. Securities and Exchange Commission (SEC) had taken Ripple's civil action off from its website. Experts have verified that the case is still available online, but under altered headings on the SEC's website. When social media users noticed that Ripple's case was no longer included in the SEC's website's "Litigation Releases" section, the debate started. L... Coinatory

SEC Charges Nova Labs Over Crypto Fraud and False Partnership Claims

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SEC Charges Nova Labs Over Crypto Fraud and False Partnership Claims Nova Labs has been charged by the U.S. Securities and Exchange Commission (SEC) with making false statements about business relationships and unregistered securities offerings in an attempt to entice investors. Unregistered Securities Offerings Allegations According to the SEC's complaint, Nova Labs has been using two flagship products to offer unregistered investment contracts since April 2019: Hotspots: Equipment made to mine the HNT, MO... Coinatory news