SEC Enforcements and Remedies Reached $6.4 Billion Last Year
The Securities and Exchange Commission announced that penalties, as well as remedies to investors affected by criminal or civil wrongdoing, reached a total of $6.4 billion during the last federal fiscal year. Today’s annual wrap-up of enforcement statistics from the last federal fiscal year does not include a breakdown of how many were crypto-related, but the agency does tout several enforcement actions or settlements from the period running between Oct. 1, 2021 and Sept. 30, 2022.
Coinbase officially enters the fray in XRP lawsuit to support Ripple against SEC
U.S.-based cryptocurrency exchange Coinbase has officially submitted its amicus brief to support Ripple Labs Inc. in the lawsuit the U.S. Securities and Exchange Commission (SEC) filed in 2020 against Ripple.
U.S. Regulator Probes FTX Over Handling of Client Funds
The U.S. securities regulator is investigating crypto exchange FTX.com's handling of customer funds amid a liquidity crunch, as well its crypto-lending activities, a source with knowledge of the inquiry said on Wednesday.
SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is 'Significantly Non-Compliant'
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry.
FTX Faces SEC and CFTC Investigation
Crypto exchange FTX faces an investigation by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) into its mismanagement of customer funds and the firm’s relationships with FTX. US and Alameda Research.
