SEC | ForkLog - Part 41

ForkLog 12 02.03.2023

Silvergate shares plunge 49% after delay in SEC filing

On March 2, Silvergate Capital Corporation's market capitalization fell by 48.82% amid news of a delay in publishing its annual report for the SEC. The company said additional time was needed to complete the audit.

AI translated

ForkLog 26 01.03.2023

SEC accuses former FTX top executive of deceiving investors

The former FTX chief technology officer Nishad Singh was 'an active participant' in a plan to defraud the platform's customers, according to a statement settling the SEC's claims.

AI translated

ForkLog 9 28.02.2023

Robinhood received an SEC subpoena following the FTX collapse

In December 2022, the SEC sent Robinhood a subpoena regarding the platform's cryptocurrency services, according to the annual report.

AI translated

ForkLog 17 27.02.2023

Lawyers Criticize Gary Gensler for Hints About Crypto Status

Legal experts in the crypto-law field criticized SEC Chair Gary Gensler for hints that all digital assets aside from Bitcoin may be securities.

AI translated

ForkLog 21 24.02.2023

Gary Gensler hints that cryptocurrencies should be treated as securities

With the exception of Bitcoin, cryptocurrencies can be classified as securities. That conclusion follows from an interview with SEC Chair Gary Gensler for New York Magazine.

AI translated

ForkLog 20 23.02.2023

SEC and NYDFS oppose sale of Voyager Digital assets to Binance.US

SEC and NYDFS oppose sale of Voyager Digital assets to Binance.US.

AI translated

ForkLog 24 22.02.2023

Paxos reports ‘constructive dialogue’ with the SEC

Infrastructure company and stablecoin issuer Paxos expects to continue constructive discussions with the SEC and, if necessary, is prepared to defend its position in court. This was stated by its CEO Charles Cascarilla.

AI translated

ForkLog 10 20.02.2023

NBA star Paul Pierce to pay $1.4 million for EthereumMax promotion

Former Boston Celtics star Paul Pierce settled charges by the U.S. Securities and Exchange Commission (SEC), pleading guilty to illegal promotion of the EthereumMax altcoin (EMAX).

AI translated

ForkLog 17 17.02.2023

SEC charges Terraform Labs and Do Kwon

The U.S. Securities and Exchange Commission has charged Terraform Labs (TFL) and its CEO Do Kwon with securities fraud.

AI translated

ForkLog 20 13.02.2023

Coinbase CEO says staking program will be defended in court

The Coinbase bitcoin exchange's chief executive, Brian Armstrong, said that the platform's staking services cannot be regarded as securities offerings. He said the company is prepared to defend this claim in court.

AI translated

ForkLog 13 13.02.2023

SEC Warns Paxos of Enforcement Action, Reports Say

The U.S. Securities and Exchange Commission (SEC) plans to sue Paxos over its role in issuing the Binance USD (BUSD) stablecoin, The Wall Street Journal reports, citing sources familiar with the matter.

AI translated

ForkLog 12 10.02.2023

SEC chair urges crypto industry to take note of Kraken case

Cryptocurrency platforms should take note of Kraken's decision to shut down its staking program for U.S. customers, SEC Chairman Gary Gensler said on CNBC.

AI translated

#SEC