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SEC

SEC Doubles Down On Crypto Tokens Comprising Securities In Cumberland Complaint

SEC Doubles Down On Crypto Tokens Comprising Securities In Cumberland Complaint

The SEC claims Cumberland facilitated the sale of $2 billion worth of crypto asset securities since March 2018.
Crypto.com Sues the SEC in Response to “Unlawful” Wells Notice

Crypto.com Sues the SEC in Response to “Unlawful” Wells Notice

The centralized exchange hit back with a lawsuit that argues the SEC has unilaterally expanded its jurisdiction.
Ripple Vows to Fight Back after SEC Challenges XRP Ruling

Ripple Vows to Fight Back after SEC Challenges XRP Ruling

Ripple CEO Brad Garlinghouse has pledged to continue fighting the case.
Rari Capital Settles With SEC Over Unregistered Offerings 

Rari Capital Settles With SEC Over Unregistered Offerings 

The SEC alleges that Rari Capital operated as an unregistered broker and sold securities through its Fuse platform.
Restaurant Settles Controversial SEC Action Over NFT Membership Program

Restaurant Settles Controversial SEC Action Over NFT Membership Program

SEC commissioners Hester Peirce and Mark Uyeda dissented against the enforcement action.
New Bill Seeks To Reconcile Regulatory Division Between SEC and CFTC

New Bill Seeks To Reconcile Regulatory Division Between SEC and CFTC

The bill would establish a 20-person committee of independent stakeholders tasked with advising both the SEC and CFTC.
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Galois Capital Settles With the SEC Over Alleged Custody Failures

The crypto-focused fund that shut down after losing substantial assets on FTX quickly announced its intent to settle with the SEC and is “glad to put this matter behind us.”
SEC Charges Abra, Prepares To Battle Kraken In Court

SEC Charges Abra, Prepares To Battle Kraken In Court

The SEC has increased its scrutiny of the cryptocurrency industry over the years. 
Court Fines Ripple Labs $125M For Securities Law Violations

Court Fines Ripple Labs $125M For Securities Law Violations

Judge Torres found that Ripple’s institutional sales of XRP comprised unlicensed securities sales.
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SEC Amends Binance Lawsuit, Drops Security Claims for Solana and Other Cryptocurrencies

The SEC’s lawsuit against Binance had classified SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities.