SEC


Policy

SEC Obtains Emergency Asset Freeze Against Virgil Capital

Stefan Qin, the 23-year-old founder of Virgil Capital, has been accused by the SEC of “fabricated records” for failing to redeem $3.5 million in investments and attempting to withdraw $1.7 million in investor funds to pay off Chinese loan sharks.

SEC, Securities and Exchange Commission

Markets

XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims

The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security.

SBI Holdings

Markets

Bitstamp to Halt XRP Trading, Deposits in US Due to SEC Lawsuit

Bitstamp is the first major U.S.-based crypto exchange to respond to the SEC lawsuit against Ripple.

Bitstamp CEO and founder Nejc Kodrič

Finance

Coinbase, Other Big Exchanges 'Between Rock and a Hard Place' on Delisting XRP

The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

javier-allegue-barros-C7B-ExXpOIE-unsplash (1)

Markets

Roisman Named Acting SEC Chairman, Peirce Tweets

The news comes a day after former Chairman Jay Clayton announced that yesterday was his last day.

SEC logo

Policy

SEC Chairman Clayton Says Wednesday Is His Last Day in Office

Clayton announced in November he would be leaving by the end of the year but hadn't specified a date.

U.S. Securities and Exchange Commission Chairman Jay Clayton

Markets

Market Wrap: Bitcoin Rangebound as XRP Plummets After SEC Lawsuit

Bitcoin continues trading below $24,000 as legal action by the SEC rattles the XRP market.

BTCUSD four-hour price action

Policy

SEC Gives Broker-Dealers Room to Handle Crypto Securities

The SEC's broker-dealer guidance was generally welcomed as a step in the right direction by industry players.

SEC Chairman Jay Clayton

Markets

Hong Kong Trading Platform OSL Suspends XRP Services as SEC Sues Ripple

The SEC is accusing Ripple of violating federal securities laws via sales of the XRP cryptocurrency to retail consumers.

Hong Kong

Markets

Abandon ShipChain! Logistics Startup Torpedoed by SEC Over $27M Unregistered ICO

ShipChain is the latest ICO project sunk by Jay Clayton's SEC.

Shipwreck