Category: SEC
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Grayscale Ethereum Trust Files To Become An SEC Reporting Company
Grayscale Ethereum Trust files to become an SEC reporting company amidst the Ethereum bull run.
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Litecoin & Stellar to Add $7.5+ Billion in Market Value to the Monarch Ecosystem
Litecoin & Stellar to Add $7.5+ Billion in Market Value to the Monarch Ecosystem Monarch Wallet combines single login and KYC, credit card purchase of cryptocurrency and earning interest on crypto through Celsius Network RENO, Nev — AUGUST 7, 2019 — Monarch (https://monarchwallet.com/), one of the most feature-packed decentralized wallets and suite of crypto services,…
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Trader Survey Respondents Predict Bitcoin Price Will Surpass $22K in 2020
San Francisco-based exchange Kraken conducted a poll that stems from the responses of 400 “VIP” cryptocurrency traders. Despite the current economic climate, surveyed participants indicate they still believe the cryptoconomy is in a “bull market.” Moreover, Kraken’s survey respondents think BTC prices will touch a new all-time high at $22,866 per coin. Also read: 2x…
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Judge Grants Injunction Halting Telegram’s TON Release Again, Notice of Appeal Reportedly Filed
The embattled Telegram Open Network (TON) blockchain and its native gram cryptocurrency have seen plans for launch stifled once again, with a preliminary injunction granted by Southern District of New York Judge P. Kevin Castel. The March 24 injunction sides with the U.S. Securities and Exchange Commission (SEC), concluding that the messaging giant’s plans “amount…
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US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker said. Also read: Bitcoin Legal in India — Exchanges Resume INR Banking Service After Supreme…
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Bitcoin Mining Rig Manufacturer Canaan Sued – Accused of Misleading IPO Investors
Bitcoin mining rig manufacturer Canaan Inc. is being sued for allegedly breaking U.S. securities laws before its initial public offering (IPO). Phillippe Lemieux, a Canaan investor, filed a class-action lawsuit that claims the company violated the Securities Act of 1933. Lemieux believes Canaan misled investors and the Securities and Exchange Commission (SEC) in regards to…
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SEC Karate-Chops Steven Seagal Over Promoting Cryptocurrency Touted as the Next Gen Bitcoin
The U.S. Securities and Exchange Commission (SEC) has charged actor Steven Seagal for unlawfully promoting a cryptocurrency investment scheme claiming to be “the next generation of bitcoin.” Seagal failed to disclose that he was being compensated in cash and crypto by Bitcoiin2gen, or B2G, for marketing its token offering, such as on Twitter and Facebook.…