Alabama man charged with hacking SEC’s X account, causing bitcoin to soar with fake post
A 25-year-old Alabama man was arrested Thursday for hacking the Securities and Exchange Commission's X account as part of a conspiracy to manipulate Bitcoin prices earlier this year, prosecutors said. In January, hackers posted false news to the SEC's @SECGov X account announcing that the SEC had approved a Bitcoin exchange-traded fund, causing the cryptocurrency's […]
The crypto exec in the running to replace SEC’s Gensler under Trump: report
A Robinhood executive has reportedly emerged as a potential candidate to lead the Securities and Exchange Commission if Donald Trump is elected president and ousts SEC Chairman Gary Gensler. Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, is seen as the front-runner for the Republican nomination. According to more than a dozen former […]
Kamala Harris’ donors push her to oust FTC’s Khan, SEC’s Gensler: report
Wall Street allies of Kamala Harris are reportedly stepping up pressure on the Democratic presidential candidate to fire top regulators if she wins the White House. Deep-pocketed donors have repeatedly targeted progressive FTC Chair Lina Khan for allegedly disrupting deals in technology and other sectors of the economy on calls with Harris' staff and at […]
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SCOTUS strips SEC’s use of in-house judges in major blow to Wall Street regulator
The Supreme Court on Thursday stripped the Securities and Exchange Commission of a key tool in fighting securities fraud, in a decision that could have far-reaching implications for other regulators. The judges handed down their ruling In a 6-3 vote, the court ruled that people accused of fraud by the Securities and Exchange Commission, which […]
Supreme Court claws back SEC’s enforcement powers
The Supreme Court on Thursday struck down an internal system the Securities and Exchange Commission (SEC) used to seek civil fraud penalties, stripping the SEC of its authority. The ideologically-aligned 6-3 ruling finds unconstitutional the SEC’s internal administrative tribunal, a key tool it has used to enforce securities laws, and the Biden administration has warned […]
‘Privacy nightmare’: 19 states fight SEC’s investor tracker
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Whales Move 28M XRP Before Ripple vs SEC’s May 6th Deadline – Coinpedia Fintech News
The Ripple vs. SEC legal battle is heating up as investors wait for clarity. XRP has stood firm and maintained its footing at the important $0.54 level, providing a key defense against further market declines. Massive transfer of 28 million XRP to Bitstamp by a mysterious whale has sparked speculation. Some see the decline as […]
Terraform founder Do Kwon found liable in SEC’s crypto fraud trial
A Manhattan jury on Friday found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges, as stablecoins’ 2022 collapse shocks crypto markets. agreed with the Securities and Exchange Commission’s opinion that the company misled investors before giving the deal. The jury returned its verdict in federal court after a two-week trial […]
Green graft? SEC’s new rules rain cash on Democratic donors
The EPA has recently made headlines with the following report: expensive and impractical emission requirements car and truck.But that’s not enough for extremists climate change activist In the Biden administration. So the Securities and Exchange Commission issued a new one. climate rulesThey overstep legal authority and impose high regulatory costs on stakeholders and consumers while […]