The SEC announced a settlement with the accused who were convicted in the first-ever crypto trading insider case The brothers, who were sentenced to prison, have agreed to pay disgorgement The United States Securities and Exchanges Commission (SEC) announced that it managed to reach a deal with the Wahi brothers. They were convicted in the … Read more
Gemini has turned the fight to Genesis’ parent company, Digital Currency Group (DCG). DCG defaulted on a $630 million loan earlier this month to Gemini. The U.S. Securities and Exchange Commission (SEC) filed a complaint against cryptocurrency exchange Gemini and insolvent lender Genesis on May 26 saying that the earn product constitutes the selling of … Read more
SEC and Ripple submitted a joint letter asking for an extension of one week. Ripple appoints ex-Amazon CFO Warren Jenson as a new Board of Directors. In the “never-ending SEC vs Ripple battle,” Ripple Labs has recently seen some positive winning streaks. On 16th May, Ripple bagged a significant win against the U.S. Securities and … Read more