SEC

Robinhood Received Crypto-Related Subpoena Request From SEC: 10K Filing
Robinhood Markets (HOOD) received an investigative subpoena from the U.S. Securities and Exchange Commission regarding its crypto operations shortly after the FTX crypto exchange filed for bankruptcy protection in November, the popular trading platform revealed in its latest 10-K filing. "The Hash" panel discusses the details of the filing and its key takeaways.

SEC, CFTC Charge FTX's Singh With Fraud Following Criminal Plea
Singh pleaded guilty to fraud and conspiracy charges filed by the Department of Justice earlier on Tuesday.

SEC's Gensler Suggests All Crypto Other Than Bitcoin Are Securities
In a recent interview with New York magazine, SEC Chair Gary Gensler suggested that all cryptocurrencies other than bitcoin are securities. The direct quote was: "Everything other than bitcoin, you can find a website, you can find a group of entrepreneurs, they might set up their legal entities in a tax haven offshore, they might have a foundation, they might lawyer it up to try to arbitrage and make it hard jurisdictionally or so forth." "The Hash" panel discusses how this might shape future U.S. crypto regulation.

Bitcoin Miner Marathon Digital to Restate Some Results on Accounting Issues
The firm will also delay the reporting of its 2022 Q4 earnings, which had previously been scheduled for late Tuesday afternoon.

Grayscale to Argue SEC’s Inconsistency as Bitcoin ETF Dispute Heads to Court
The company’s appeal of the Securities and Exchange Commission’s rejection of its bitcoin ETF will be argued in U.S. federal court next week in Washington, D.C.

Robinhood Received Crypto-Related Subpoena Request From SEC: 10K
The trading platform also received similar subpoena requests from the California Attorney General’s office.

Gary Gensler’s Take on Crypto Doesn’t Matter
Labeling an asset a security changes nothing fundamental about the asset. We should stop pretending it does.

First Mover Asia: Solana in the Green After Weekend Deep Freeze
ALSO: CoinDesk Chief Content Officer Michael Casey considers why the U.S. Securities and Exchange Commission has overreached in its recent actions against crypto entities, and that the crypto industry must improve its lobbying efforts.

SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says
The regulator “piggybacked” off the Justice Department's insider trading case and is using it as a way to define some tokens as securities, Perianne Boring, the Chamber of Digital Commerce’s founder, told “First Mover.”


