SEC


Policy

SEC Halts Grayscale Large Cap Fund Conversion for 'Review' a Day After Staff Approval

The SEC's commissioners are reviewing Grayscale's uplisting of a large cap fund, a letter from the agency said.

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

Policy

Ripple to Drop Cross-Appeal Against SEC, Ending Years-Long Legal Battle With SEC

The decision, announced by Ripple Labs CEO Brad Garlinghouse on Friday, comes shortly after a New York judge blocked the company’s second attempt to settle the case for $50 million.

Brad Garlinghouse (Steve Jennings / Getty Images)

Policy

NY Judge Slaps Down SEC, Ripple’s Second Request for an Indicative Ruling on Proposed $50M Settlement

In a five-page ruling issued Thursday, District Judge Analisa Torres bristled at the parties’ request she dissolve a permanent injunction ordering Ripple to obey the law.

Ripple Labs CEO Brad Garlinghouse (Photo by Steve Jennings/Getty Images for TechCrunch)

Markets

Ripple, SEC File Joint Motion to Release $125M Held in Escrow

The joint motion seeks to end all pending appeals and avoid further legal proceedings between the two parties.

(Ripple Labs)

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News Analysis

Crypto Staking Doesn't Violate U.S. Securities Law, SEC Says

The SEC's latest staff statement addresses crypto staking, though it noted that it was not binding guidance.

CoinDesk

Policy

SEC Files to Dismiss Long-Running Lawsuit Against Binance

The SEC sued Binance in June 2023, but moved to pause the case after Donald Trump retook the Oval Office.

(Nikhilesh De/CoinDesk)

Policy

SEC Task Force Chief Says Crypto Traders Need to be Growups, Not Cry to Government

Hester Peirce, the SEC commissioner who leads its crypto task force, argued for lighter-touch oversight in which crypto investors take responsibility for their losses.

Securities and Exchange Commission's Hester Peirce

Finance

'Hawk Tuah Girl' Hailey Welch Claims SEC, FBI Cleared Her for the HAWK Memecoin Disaster

Haliey Welch says she “didn’t know enough about crypto” — despite previously claiming she’d “learned so much” ahead of her failed token launch.

Haliey Welch issues statement on HAWK memecoin (Hawk Token Page/Overhere)

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Policy

SEC Charges Unicoin, Top Executives With $100M ‘Massive Securities Fraud’

Unicoin’s CEO announced last month that he’d rejected the SEC’s offer to negotiate a settlement.

Unicoin CEO Alex Konanykhin (Jesse Hamilton/CoinDesk)

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)