SEC | ForkLog - Part 67

ForkLog 9 24.12.2020

SEC accuses founder of two cryptocurrency hedge funds of fraud

The Securities and Exchange Commission (SEC) has accused Stefan Qin of cryptocurrency arbitrage fraud and of failing to return investors' funds. Qin is the founder of Virgil Sigma funds in New York and VQR Multistrategy in the Cayman Islands.

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ForkLog 21 24.12.2020

Lawyer sees likely outcome in SEC-Ripple lawsuit

The fintech company Ripple is likely to lose the US SEC case, according to GMT Legal managing partner Andrey Tugarin.

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ForkLog 6 24.12.2020

Expert: Ripple’s prospects worse than in EOS or Kin cases

The SEC's lawsuit against Ripple will take years, but the fintech company's prospects are worse than in similar EOS or Kin token-sale cases. This view was expressed by Cinneamhain Ventures partner Adam Cochran.

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ForkLog 15 24.12.2020

SEC unveils rules for broker-dealers in digital securities

The U.S. Securities and Exchange Commission (SEC) unveiled rules for broker-dealers in the tokenised securities space. The regulator promised not to sue them for five years.

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ForkLog 16 24.12.2020

Galaxy Digital halts support for Ripple token amid SEC lawsuit

Galaxy Digital, Mike Novogratz's cryptocurrency bank, halted trading of the XRP token after the U.S. Securities and Exchange Commission filed a lawsuit against Ripple, according to The Block.

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ForkLog 19 24.12.2020

Jay Clayton steps down as head of the U.S. SEC

On Wednesday, December 23, the chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, left the post after more than three years at the agency. This is stated in a statement on the site.

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ForkLog 16 23.12.2020

Bitwise Excludes XRP from Its Bitwise 10 Crypto Index Fund

Bitwise Asset Management said it was excluding XRP from its flagship Bitwise 10 Crypto Index Fund.

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ForkLog 23 23.12.2020

Brad Garlinghouse: SEC suit against Ripple — a dangerous precedent for the crypto industry

The SEC's lawsuit against Ripple could spell trouble for other crypto firms and digital assets, warned Brad Garlinghouse, the CEO of the California-based blockchain company.

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ForkLog 12 23.12.2020

SEC Fines Blockchain Startup ShipChain $2 Million

The U.S. Securities and Exchange Commission (SEC) has published a cease-and-desist order against the blockchain startup ShipChain. As part of the settlement of claims, the company will pay a $2 million fine.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 17 23.12.2020

MoneyGram adopts wait-and-see stance after SEC suit against Ripple

The American money-transfer service MoneyGram has not yet seen any "negative impact" on its cooperation with the California blockchain company Ripple due to the U.S. Securities and Exchange Commission (SEC) lawsuit. CoinDesk reports this.

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ForkLog 26 23.12.2020

SEC files suit against Ripple

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Ripple. The agency alleges that the California blockchain company sold unregistered securities in the form of XRP tokens to retail investors over seven years.

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ForkLog 16 22.12.2020

Brad Garlinghouse says regulator is preparing an attack on Ripple

The U.S. Securities and Exchange Commission (SEC) is preparing to file a lawsuit against fintech Ripple over alleged unregistered sales of securities in the form of XRP tokens, Fortune reports citing the firm's CEO Brad Garlinghouse.

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#SEC