Tag: Federal Laws
SEC Intensifies Scrutiny on Binance Operations and Key Personnel
The Securities and Exchange Commission (SEC) escalates its examination of Binance's adherence to a Consent Order, probing asset control and employee compensation.
The United...
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Robinhood to Pay $7.5M Fine in Massachusetts over User Engagement Practices
Robinhood will pay a fine of $7.5 million to resolve allegations by
Massachusetts' securities regulators, Reuters reported today (Thursday). This settlement involves claims by the...
SEC Chair Gary Gensler Avoids Opining on Possibility of Ethereum ETF, Says Majority of Tokens Are Securities – The Daily Hodl
Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), says the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) this week doesn’t...
Google Settles Lawsuit Over Tracking ‘Incognito Mode’ Chrome Users
Google is settling a class-action lawsuit over how it tracks data from individuals using browsers in "private" or "incognito" mode.The plaintiffs in Brown et...
Can Crypto Mixers Evolve to Sidestep Prosecution by U.S. Authorities? – CryptoCurrencyWire
Tornado Cash made headlines in August 2022 when the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned it, raising...
Binance SEC Lawsuit Heats Up Despite DOJ Settlement
Binance doubled down on its motion to dismiss an SEC lawsuit on Tuesday in response to an opposing motion filed by the SEC...
Ripple CEO Calls U.S. SEC’s Approach to Crypto Regulation ‘Insane’
During the Ripple Swell 2023 conference in Dubai (Nov 8-9, 2023), Ripple CEO Brad Garlinghouse engaged in a candid conversation with CNBC’s Dan Murphy....
Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement
Ripple CEO Brad Garlinghouse said the U.S. SEC’s actions toward the crypto industry have failed in protecting investors and needs to reassess its regulatory...
Very Curious Revalation in the Ripple (XRP) v. SEC Case
A letter from December 2020 reveals that renowned American legal scholar Joseph Grundfest advised former SEC commissioner Jay Clayton not to sue Ripple,...
Advantages and Disadvantages of Fintech in Real Estate
The convergence
of fintech and real estate has changed the way we buy, sell, invest in, and
manage real estate. Fintech, or financial technology, has provided...
SEC Charges FTX Auditor Prager Metis Over Independence Violations
On September 29, 2023, the Securities and Exchange Commission (SEC) announced legal charges against the international accounting firm Prager Metis CPAs, LLC and its...
Twitter’s Biometric Data Collection Sparks Debate: What’s Next?
New Data Collection Measures for Enhanced Security
According to recent updates from the BBC, Twitter (X) is set to embark on a bold initiative by...
Gamifying Trading: Robinhood Loses against Massachusetts Regulator
Robinhood,
the commission-free brokerage, has suffered a major defeat in its case against the
Massachusetts Secretary of State, Bill Galvin. The Supreme Judicial Court of
Massachusetts (SJC)...