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sec

Breaking Down the SEC and CFTC’s Autumn Wave of Enforcement Actions

Critics claim the regulators’ enforcement-first approach sets dangerous precedents in the absence of clear guidance for projects.

By Daniel Kuhn

Sep 29, 2022 at 5:20 p.m. UTC

Sep 29, 2022

The NodeNewslettersOpinionSECRegulation

CDCROP: Bangkok, Thailand (Waranout Joe/Unsplash)

Crypto Exchange Bitkub, 4 Others Sued by Thai SEC Over Fake Volume Claims

The move comes after the regulator fined crypto exchange Bitkub's CTO $250,000 for insider trading.

By Oliver Knight

Sep 27, 2022 at 10:55 a.m. UTC

Sep 27, 2022

ThailandSECWash TradingCrypto ExchangeRegulation

CDCROP: Friedman LLP lied about some of its accounting practices, the SEC said Monday. (CoinDesk)

Tether's Former Auditor Fined $1M by SEC for Sloppy Accounting

Friedman LLP, a New York-based accounting firm that provided auditing services for the stablecoin issuer in 2017 is accused of “serial violations of the federal securities laws” and “improper professional conduct.”

By Cheyenne Ligon

Sep 26, 2022 at 5:22 p.m. UTC

Sep 26, 2022

regulationsTetherNYAGSECStablecoins

Policy

Coinbase

Crypto Is Capitol Hill’s Last ‘Bipartisan Issue,’ Coinbase Exec Says

Faryar Shirzad, chief policy officer at Coinbase, joined CoinDesk TV’s “First Mover” to discuss the state of crypto in the U.S. and a need for clear regulation.

By Fran Velasquez

Sep 23, 2022 at 8:57 p.m. UTC

Sep 23, 2022

CoinbaseCFTCSECRegulationCoinDesk TV

CDCROP: Stuart Alderoty, general counsel at Ripple, joined CoinDesk TV’s “First Mover” (CoinDesk TV)

Policy

Ripple labs

SEC Wants to ‘Remake the Law,’ Rather Than ‘Apply it,’ Says Ripple General Counsel

After two years of litigation, Stuart Alderoty, general counsel at Ripple, told CoinDesk TV’s “First Mover” he sees “the beginning of the end” because the SEC’s case has fallen short.

By Fran Velasquez

Sep 21, 2022 at 9:57 p.m. UTC

Sep 21, 2022

Ripple LabsSECSecurities LawRegulationCoinDesk TV

CDCROP: SEC Chair Gensler Testifies Before Senate Banking Committee (Evelyn Hockstein-Pool/Getty Images)

Layer 2

Opinion

A Call to the SEC: Treat Crypto Assets as if Clients Matter

Asset managers may be breaching their fiduciary duty by following the SEC's "custody rule" that requires an overcautious approach to crypto.

By Neel Maitra Scott Walker

Sep 21, 2022 at 5:00 p.m. UTC

Sep 21, 2022

OpinionSECA16zCustodyStakingRegulation

U.S. Securities and Exchange Commission in Washington, D.C.

Policy

Ico

Sparkster Settles With SEC, Agrees to Pay Back $35M to ‘Harmed Investors’ of 2018 ICO

Crypto influencer Ian Balina, who was paid to promote the SPRK, is facing his own charges in connection to the ICO.

By Cheyenne Ligon

Sep 19, 2022 at 7:59 p.m. UTC

Sep 19, 2022

ICOSECLawsuit

CDCROP: Scales of Justice (Shutterstock)

Business

Ico

ICO Promoter Ian Balina Charged With Violating Federal Securities Laws

The SEC says Balina failed to disclose his compensation for his promotion of SPRK tokens in 2018.

By Cheyenne Ligon

Sep 19, 2022 at 4:20 p.m. UTC

Sep 19, 2022

ICOSECCrimeLawsuit

CDCROP: justice scale and gavel (Shutterstock)

Business

Sec

SEC, Ripple Call for Immediate Ruling in Suit Over Whether XRP Sales Violated Securities Laws

The U.S. Securities and Exchange Commission and Ripple Labs both filed motions for summary judgment, arguing that a judge overseeing the case has enough information to make a ruling without moving the case forward to a trial.

By Nikhilesh De

Sep 18, 2022 at 12:14 p.m. UTC

Sep 18, 2022

SECRippleXRPLawsuit