SEC | ForkLog - Part 42

ForkLog 16 28.01.2023

SEC chief outlines three ways to identify fraudulent crypto projects

The chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, during Twitter Spaces outlined three ways to identify a fraudulent cryptocurrency project.

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ForkLog 14 27.01.2023

Media: SEC launches probe into crypto custody by investment advisers

The SEC is examining registered investment advisers for compliance with rules and subsidiary acts relating to the custody of digital assets, Reuters reports citing informed sources.

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ForkLog 10 26.01.2023

Circle says the SEC was not at fault over SPAC deal collapse

The SEC was not the reason Circle's termination of the agreement with Concord Acquisition within the SPAC merger; any such claims to the contrary are inaccurate. This was stated by representatives of the issuer of the stablecoin USDC to Decrypt.

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ForkLog 14 25.01.2023

Hester Peirce urges crypto industry to learn lessons from an ‘awful 2022’

Participants in the cryptocurrency community and regulators should draw lessons from the problems the industry faced in 2022. SEC Commissioner Hester Peirce said this at the Digital Assets at Duke conference.

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ForkLog 11 23.01.2023

Ex-SEC official backs agency’s approach to regulating the crypto industry

The proposition that the SEC 'regulates the crypto industry through enforcement' is mistaken, since that is how securities regulation works. This was stated by John Reed Stark, the former head of the agency’s Office of Internet Enforcement.

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ForkLog 11 20.01.2023

Nexo to pay $45 million in fines to U.S. regulators

The crypto lending platform Nexo has reached an agreement with U.S. regulators over allegations of unregistered sale of securities. The company will pay $45 million in fines as part of the settlement.

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ForkLog 18 18.01.2023

In 2022 the SEC increased its crypto-enforcement caseload by 50%

Over 2022 the U.S. Securities and Exchange Commission (SEC) brought 30 cryptocurrency-related cases, 50% more than the year before, according to Cornerstone Research's report.

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ForkLog 18 13.01.2023

SEC accuses Gemini of selling unregistered securities

The bitcoin exchange Gemini and the crypto-lending platform Genesis Global Capital sold unregistered securities in the Earn program, according to a lawsuit by the U.S. Securities and Exchange Commission (SEC).

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ForkLog 17 26.12.2022

SEC files suit against Thor Technologies ICO organisers

The U.S. Securities and Exchange Commission (SEC) charged the Thor Technologies project, CEO David Chin, and former CTO Matthew Moravek with an unregistered securities offering of $2.6 million. The suit was filed in the Northern District of California.

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ForkLog 8 26.12.2022

SEC seeks to seal documents in Ripple case

The U.S. Securities and Exchange Commission (SEC) has filed a petition to seal certain documents in the Ripple case, according to attorney James Filan.

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ForkLog 7 23.12.2022

DeFi critic Dan Berkovitz to step down as SEC general counsel

SEC General Counsel Dan Berkovitz will step down on January 31, 2023, according to the agency's website.

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ForkLog 6 23.12.2022

SEC urges investors not to trust Bitcoin-exchange audits

Investors should "be very careful" about audits of cryptocurrency exchange reserves. This view was expressed by acting SEC Chief Accountant Paul Munter in an interview with The Wall Street Journal.

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