SEC

Tesla Is Moving Bitcoin; Trump-Supported Token Falls Flat
Elon Musk's Tesla moves $760 million worth of bitcoin. Plus, Trump-linked World Liberty Financial's token launch fails to gather much interest and the latest on the legal battle between Coinbase and the U.S. SEC. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Donald Trump’s World Liberty Financial Is a 'Scam': Scaramucci
Skybridge Capital founder and managing partner Anthony Scaramucci explains why former President Donald Trump is supporting World Liberty Financial. Plus, Scaramucci’s take on why SEC Chair Gary Gensler is cracking down on crypto and whether a Kamala Harris administration would keep him as the country’s top financial regulator.

Cumberland, Bitnomial Lawsuits vs. SEC, Nigeria Denies Bail for US Compliance Officer
The U.S. SEC sues crypto market maker Cumberland DRW. Separately, crypto exchange Bitnomial sues the SEC and Nigeria denies bail for American crypto compliance officer Tigran Gambaryan. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach
Bitnomial's action follows a similar suit filed by Crypto.com on Tuesday.

U.S. Charges Overseas Crypto ‘Market Makers' for Fraud; Bitcoin 'Unlikely' a Currency: SEC Gensler
U.S. federal prosecutors charge four crypto market makers and over a dozen individuals for market manipulation and fraud after the FBI created a token to ensnare bad actors. Plus, SEC Chair Gary Gensler's latest comments on the crypto industry and VanEck unveils a fresh $30 million fund for fintech, digital asset and AI firms. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’
Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”

Crypto.com Sues U.S. SEC; Is Cardi B's WAP Token a Scam?
"CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today, as crypto exchange Crypto.com files a lawsuit against the U.S. SEC. Plus, Hong Kong SFC plans to approve more crypto exchanges to operate in the region and Cardi B promotes WAP token.

Crypto.com Sues SEC, Chair Gary Gensler After Receiving Wells Notice
The case seeks to prevent the SEC from "unlawfully expanding its jurisdiction" to cover secondary-market sales of certain network tokens sold on the exchange.

Bitcoin Flat Near $60K Amid Mideast Tensions; XRP Down 10% on Regulatory Uncertainty
Bitcoin and ether continue in the red at the start of the U.S. morning trade Thursday. This comes amid intensifying geopolitical tensions as Israel vows to retaliate against airstrikes from Iran fired earlier this week. Plus, XRP plunged more than 10% in the past 24 hours as the SEC announced that they would appeal the rulings of the Ripple case. CoinDesk's Christine Lee presents the "Chart of the Day."


