SEC | ForkLog - Part 38

ForkLog 19 17.05.2023

XRP climbs about 7% after court rejects SEC motion in Ripple case

XRP rose by 6.8% in the last 24 hours. The token reacted to the court's rejection of the SEC's motion to seal documents related to Hinman's 2018 testimony.

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ForkLog 49 16.05.2023

WSJ: Jump Trading Earned $1 Billion From UST Trades

The market maker Jump Trading struck an agreement with Terraform Labs (TFL) to support the TerraUSD (UST) peg, earning about $1 billion. This is according to SEC materials filed with the court, journalists from The Wall Street Journal found.

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ForkLog 14 16.05.2023

SEC says Coinbase lawsuit is baseless

The U.S. Securities and Exchange Commission responded to Coinbase's lawsuit, saying it is not obliged to issue new rules, and that the company has no right to sue the regulator.

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ForkLog 20 15.05.2023

SEC lowers LBRY’s civil penalty from $22 million to $111,614

The U.S. Securities and Exchange Commission (SEC) asked the court to reduce LBRY's civil penalty from $22 million to $111,614 in the case it had previously won.

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ForkLog 18 11.05.2023

Marathon Digital receives renewed subpoena from the SEC.

Marathon Digital, the miner, announced a subpoena from the U.S. Securities and Exchange Commission (SEC) in connection with an investigation at one of the company's facilities.

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ForkLog 7 10.05.2023

Hester Peirce sees MiCA as a model for U.S. crypto regulation

The European Parliament-approved Markets in Crypto Assets Regulation (MiCA) and the UK's approach to developing norms for digital assets could form the starting point for the regulatory framework in the United States, according to SEC Commissioner Hester Peirce.

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ForkLog 20 10.05.2023

Coinbase chief says the SEC has launched a crusade against the crypto industry

The U.S. Congress and other federal bodies such as the CFTC have reached a consensus on the need for clear rules for the crypto industry, while the SEC adheres to a different approach. Coinbase CEO Brian Armstrong said this in an interview with CNBC.

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ForkLog 16 08.05.2023

Ripple’s legal battle with the SEC costs $200m

According to Ripple CEO Brad Garlinghouse, the company spent $200m on legal fees in the case against the U.S. Securities and Exchange Commission (SEC).

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ForkLog 9 04.05.2023

SEC drops its formal definition of ‘digital assets’ from hedge-fund rulebook

The U.S. Securities and Exchange Commission (SEC) has dropped its first formal definition of 'digital assets' from the hedge-fund rulebook.

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ForkLog 12 03.05.2023

Robert F. Kennedy Jr., John F. Kennedy’s nephew, criticised the SEC for a ‘war on crypto’

Robert F. Kennedy Jr., nephew of the 35th US president John F. Kennedy, criticised the SEC and the FDIC for a 'war on crypto' that has sparked a banking crisis in the country.

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ForkLog 9 01.05.2023

SEC fines Coinme, the bitcoin ATM provider, nearly $4 million

The U.S. Securities and Exchange Commission (SEC) settled the dispute with cryptocurrency ATM provider Coinme, its subsidiary Up Global SEZC, and the CEO of both firms, Neil Bergkvist.

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ForkLog 19 28.04.2023

Coinbase responds to SEC allegations, warns of reputational risk

The American bitcoin exchange Coinbase responded to the SEC notice, saying it was prepared to vigorously defend itself.

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