SEC


Policy

Alabama Man Sentenced for Hacking SEC’s Social Media to Post Fake Bitcoin ETF News

The hack in January 2024 briefly sent bitcoin’s price surging $1,000 before crashing back down minutes later.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

Ripple-SEC Bid for XRP Settlement Rejected by Judge Citing 'Procedural Flaws'

Judge Analisa Torres rejected the proposed $50 million settlement, saying the joint request was filed improperly and lacked required legal justification.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN

Coinbase shares dropped 7% after disclosing a cyberattack and a resurfaced SEC probe on old user metrics.

Coinbase. (appshunter.io/Unsplash)

Finance

SEC Is Probing Coinbase Over User Number Misstatement Concern

The investigation began under former SEC Chair Gary Gensler and has continued under the current administration, according to the NYT, which first reported the story.

Coinbase app on a mobile phone screen.

Policy

SEC, Ripple Ink $50M Settlement Agreement, Ask NY Judge for Green Light

District Judge Analisa Torres ordered Ripple to pay the SEC a $125 million fine last year. Under the new settlement agreement, Ripple will get the majority of that money back.

Brad Garlinghouse, the CEO of Ripple Labs (Jesse Hamilton/CoinDesk)

Policy

El Salvador's Top Crypto Regulator Meets With U.S. SEC: 'It Was Very Refreshing'

El Salvador’s CNAD met up with the SEC’s Crypto Task Force on April 22.

Juan Carlos Reyes of the National Commission of Digital Assets in El Salvador (CNAD)

Policy

PGI Global Founder Hit With Fraud Charges in Alleged $200M Crypto Ponzi Scheme

According to the SEC, Ramil Palafox misappropriated more than $57 million in customer funds, using it to buy Lamborghinis and luxury products.

Scales of Justice (Getty Images/Caption Photo Gallery)

Policy

SEC Walks Away From Case Against HEX Founder Richard Heart, Attorney Says

Attorney says dismissal marks only crypto case tossed in full by a federal judge.

Richard Heart (CoinDesk Archives)

Policy

Unicoin CEO Rejects SEC’s Attempt to Settle Enforcement Probe

In a letter to shareholders on Tuesday, Unicoin CEO Alex Konanykhin said the SEC’s investigation has inflicted “multi-billion-dollar damages” on its investors and token holders.

Unicoin CEO Alex Konanykhin (Jesse Hamilton/CoinDesk)

Policy

Republican States Pause Lawsuit Against SEC Over Crypto Authority

Crypto lobbyists also dropped a lawsuit against the IRS.

Acting SEC Chair Mark Uyeda (Nikhilesh De/CoinDesk)