SEC pushes deadline on VanEck spot Ether ETF application
The commission's delay on VanEck’s application to May 23 opened the proposal to public comment.
The commission's delay on VanEck’s application to May 23 opened the proposal to public comment.
The Riksbank designed a system using payment cards and shadow wallets, but security and accounting problems remain.
Several U.S.-based companies reportedly received subpoenas from the SEC related to attempts to label Ether as a security.
Both the United States and South Korea have filed competing requests for extraditing the Terraform Labs co-founder since his arrest in Montenegro in March 2023.
The National Agency for Prospective Projects anticipates the revenue generated from the sector to double once the new structure is in place.
Steve Wozniak filed a lawsuit against YouTube and parent company Google over doctored videos that were used to promote a Bitcoin scam.
In the motion, the lawyer representing the anti-graft agency contended that Binance’s activities in Nigeria contain elements of criminality.
“Crushing Sam in this way is unnecessary,” said lawyers for the former FTX CEO.
Three Arrows Capital co-founder Kyle Davies appeared on a podcast and showed little remorse for his firm’s creditors and said he plans to avoid spending any time in a Singaporean prison.
According to CoinDesk: Genesis Global Capital, the bankrupt crypto lender, has agreed to a final judgement to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC). This settlement emerges in response to Genesis and affiliates allegedly violating securities laws through their involvement with the discontinued Gemini Earn program. The agreement comes after a New York judge denied motions from Genesis and crypto exchange Gemini to halt the SEC case, leveled against them in January 2023. Genesis and its affiliates filed for bankruptcy shortly following the initiation of SEC charges. Genesis disclosed in court documents in February 2024 that it reached an agreement with the SEC to settle the charges for the sum of $21 million, a move which now appears to be finalized. Notably, the settlement stipulates that the SEC will not receive any portion of the penalty until all other claims approved by the bankruptcy court are paid. The SEC Chair, Gary Gensler, emphasized that the settlement underlines the necessity for crypto lending platforms and other intermediaries to comply with securities laws.