Man pleads guilty in hack of SEC's X account that claimed approval of bitcoin ETFs – CNBC
Omar Marquez | Lightrocket | Getty Images The Alabama man pleaded guilty Monday in federal court in connection with the January 2024 hack. Securities and Trade CommissionXX account used to incorrectly claim that the SEC has approved exchange trading funds Bitcoin. According to the Justice Department, 25-year-old Eric Council Junior has admitted to conspire with […]
Musk agrees to testify in SEC's Twitter probe
Elon Musk has agreed to testify before the Securities and Exchange Commission (SEC) in its investigation into his 2022 acquisition of Twitter, now known as X, after a months-long legal battle. According to reports on Thursday, the billionaire tech mogul is scheduled to sit for a deposition for up to five hours in one of […]
U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat – CoinDesk
The U.S. Senate on Thursday joined the House in calling for the removal of the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, but President Joe Biden vetoed the resolution. He declared that he would exercise the right. Although the Senate voted 60-38 to overturn the policy, commonly […]
SEC's spot Ether ETF concerns unfounded, Consensys asserts – Cointelegraph
ConsenSys has responded to a U.S. Securities and Exchange Commission (SEC) investigation into potential fraud and manipulation risks regarding Ethereum’s proof-of-stake system, specifically the Spot Ether Exchange Traded Fund (ETF). by comment letter It has been submitted ConsenSys, the blockchain and Web3 software developer responsible for the popular MetaMask wallet, told regulators that concerns about […]
SEC's Hester Peirce Says Regulator's Approach to Crypto Has Been ’Strange’ – Decrypt
U.S. Securities and Exchange Commission Commissioner Hester Peirce uses the opportunity to take the stage at ETH Denver to maintain her criticism of the agency, express dissatisfaction with “regulation by enforcement” and approve Spot Bitcoin ETF He blamed the SEC for dragging its feet. “The Grayscale lawsuit essentially gave us the option to approve Bitcoin […]
SEC's Gensler calls for shorter settlement times in currency markets – Financial Times
Unlock Editor's Digest for free FT editor Roula Khalaf has chosen her favorite stories in this weekly newsletter. The top U.S. securities regulator said Thursday that regulators should work to include foreign exchange in a global effort to reduce trade settlement times in financial markets. Securities and Exchange Commission Chairman Gary Gensler said regulators and […]