SEC sues Nova Labs over alleged unregistered crypto securities offerings – Cointelegraph
Days before SEC Chairman Gary Gensler, a well-known cryptocurrency critic, resigned as chairman on January 20, the US Securities and Exchange Commission (SEC) announced that Nova Labs, which operates the open source Helium Network, filed a lawsuit against. The SEC alleges that the company sold unregistered investment products, including products that mine cryptocurrencies and programs […]
SEC charges against Elon Musk rocked Wall Street — but is the tech CEO a victim of lawfare?
As the CEO of a publicly traded company, there are a few things you should know from day one. Brushing your teeth before a board meeting or other meeting is one of them. It's okay to wear a suit, but it's not an insult to help. Another prerequisite: If you are interested in acquiring another […]
Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors – CNBC
Barry Silbert, founder and CEO of Digital Currency Group Inc., speaks at the Skybridge Alternatives (SALT) conference on Thursday, May 9, 2019 in Las Vegas, Nevada, USA. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the cryptocurrency company founded by Barry Silbert, and former executives from its defunct division are paying $38.5 million to […]
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds – CNBC
The Vanguard Group logo appears on communications from Zelinople, Pennsylvania. Keith Slakočić | AP Wealth management giant Vanguard has been fined more than $100 million. Pay the fee The Securities and Exchange Commission made an announcement Friday regarding disclosures regarding target date investment funds. The violations stem from a 2020 change in which Vanguard lowered […]
Crypto bros won’t throw off yoke of SEC regulations despite backing Trump
Cryptocurrency businesses, from top executives to individual holders, like to credit Donald Trump's surprise victory in November's presidential election with a margin of victory. Mr. Trump, of course, has used cryptocurrencies for votes and money, and has promised lighter regulatory measures than those imposed by Securities and Exchange Commission Commissioner Gary Gensler. Whether it's true […]
Trump Treasury Sec Nominee Fires Back At Dem Sen Who Tries Gotcha Question On ‘Clean Energy’ Race With China
Treasury Secretary nominee Scott Bessent told Democratic Oregon Sen. Ron Wyden during his confirmation hearing Thursday that the United States is not in a clean energy “arms race” with China. President-elect Donald Trump intends to direct unused funds from President Joe Biden's climate change law, the Inflation Control Act (IRA), to infrastructure spending, the Daily […]
SEC Delays Decision on Bitwise’s Proposed Crypto Index ETF Until March – The Daily Hodl
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on asset management company Bitwise's proposed cryptocurrency index exchange-traded fund (ETF) until March of this year. Bloomberg ETF analyst James Seifert said in a post on social media platform say Regulators are delaying a decision on whether to allow Bitwise to convert its 10 […]
SEC Won't Postpone Ripple Lawsuit Appeal Until After Gensler's Departure – Decrypt
The leadership of the U.S. Securities and Exchange Commission (SEC) is scheduled to change on January 20, but that will not change the regulator's plans to proceed with enforcement cases. Ripple Chief Legal Officer Stuart Alderotti tweeted On January 14, the SEC announced that it had refused to postpone the hearing on appeal of the […]
Trump’s Energy Sec Pick To Unveil Three-Pronged ‘Energy Dominance’ Plan In First Senate Hearing
President-elect Donald Trump's nominee for energy secretary, Chris Wright, is expected to unveil three immediate goals during a hearing Wednesday morning that will begin the confirmation process. Wright — Founder and CEO of liberty energy In his first hearing before the Senate Energy and Natural Resources Committee, he spoke of restoring America's energy dominance in […]
Dem senator who bashed Hegseth’s qualifications stands by DOD sec who oversaw botched Afghan withdrawal
First appearance on Fox: Democratic senators said Tuesday that if Defense Secretary Lloyd Austin took a number of controversial actions and repeatedly criticized him earlier in the day over the qualifications of President Trump's defense secretary nominee Pete Hegseth, He acknowledged that he would again support the defense secretary's confirmation if a vote were held […]