U.S. Securities and Exchange Commission
SEC adopts climate disclosure rules, giving carbon accounting startups firm footing
The financial regulator won’t require publicly traded companies to report indirect emissions, but the rules help the U.S. catch up with its peers.
How a new class of climate startups could get a boost from the SEC
The SEC’s much debated rule has already boosted a burgeoning class of startups that seek to help companies measure, track and report their greenhouse gas emissions.
US approves first spot bitcoin ETF applications for 11 issuers
It’s been over a decade since the first application for a spot bitcoin ETF was filed. After a number of denials over the years, the U.S. Securities and Exchange Commission…
The SEC wants $45 million from bankrupt Lordstown Motors
Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that amount in…
Featured Article
As the SEC’s new data breach disclosure rules take effect, here’s what you need to know
Starting from today, December 18, publicly owned companies operating in the U.S. must comply with a new set of rules requiring them to disclose “material” cyber incidents within 96 hours. The regulation represents a significant shake-up for organizations, many of which have argued that the new rules open them up to more risk and that…
SEC is investigating MOVEit mass-hack, says Progress Software
U.S. securities regulators have opened a probe into the MOVEit mass-hack that has exposed the personal data of at least 64 million people, according to the company that made the…
In mid-July, a federal court settled a years-long battle between Ripple Labs and the SEC to decide if Ripple’s XRP token was a security or not. Southern District of New…
SEC sues Richard Heart and his projects Hex, PulseChain and PulseX for fraud, securities violations
The U.S. Securities and Exchange Commission (SEC) said it is suing Richard Schueler, known online as Richard Heart, and his three crypto projects, Hex, PulseChain and PulseX, for conducting unregistered…
After federal court win, Ripple’s legal head still expects the battle for regulatory clarity to drag on
While Stu Alderoty is Ripple’s lawyer, his advice to others is simple: Build a company in a country where there is a “clear regulatory regime.”
Featured Article
Federal court rules Ripple’s XRP token can be treated as a security… sometimes
The saga of Ripple Labs, the XRP token and whether the sale of its crypto token constituted a securities law violation in the U.S. advanced today. In a ruling from the U.S. District Court of the Southern District of New York, Judge Analisa Torres gave a nuanced view on the matter. In summary, after examining…
Crypto lending firm Celsius Network and its former CEO sued by SEC, CFTC, FTC
The now-bankrupt crypto lending firm Celsius Network and its former CEO and co-founder Alex Mashinsky faced several lawsuits on Thursday morning from three separate American entities: The U.S. Securities and…
SEC director says ‘nothing has changed’ for enforcement even as the crypto industry rumbles
The SEC’s director of enforcement, Gurbir Grewal, says the regulator is not concerned with labels or technology, but with what’s underneath.
Featured Article
Former SEC chair Jay Clayton feels ‘vast majority’ of crypto tokens are securities
Former SEC Chairman Jay Clayton has reiterated his position that many cryptocurrencies could be defined as securities.
As SEC files motion to freeze Binance assets, crypto market remains green
A day after the SEC filed 13 charges against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, it has requested a temporary restraining order to…
Featured Article
SEC Chair Gensler lambasts crypto industry after agency charges Binance, Coinbase
The SEC filed separate lawsuits against Binance and Coinbase this week and the agency’s Chair Gary Gensler shared his thoughts on the charges.
Featured Article
SEC claims BNB and BUSD are securities, including major tokens like SOL, ADA and MATIC
This highlights the fact that the SEC has, once again, taken the stance that most cryptocurrencies (aside from Bitcoin) are securities.
SEC’s lawsuit against Binance and CEO Zhao was a matter of ‘when, not if,’ industry players say
A number of industry players shared similar sentiments that the SEC charges against Binance were unsurprising.
SEC sues Binance and CEO Zhao over alleged mishandling funds, lying to regulators
The SEC is accusing Binance, the world’s largest crypto exchange, its CEO Changpeng Zhao and BAM Trading and BAM Management, of lying to regulators about its operations, according to a…
SEC settles with former Coinbase employee over insider trading charges
The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi,…
As TikTok and Coinbase face regulators, some questions are simpler than others
While regulatory action against TikTok feels rather simple, Coinbase’s case has far more gray area.
SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations
The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,”…
SEC charges Blackbaud for failing to disclose ‘full impact’ of ransomware attack
Software house Blackbaud has agreed to pay $3 million to settle charges related to a May 2020 ransomware attack that exposed customers’ bank account data, the U.S Security and Exchange…
Elon Musk is being investigated by the SEC for Tesla self-driving claims, report says
Tesla CEO Elon Musk is facing scrutiny by the U.S. Securities and Exchange Commission (SEC) regarding his specific comments and efforts to promote the automaker’s claims regarding its “self-driving” capabilities,…
Kim Kardashian charged by SEC for pushing crypto, reaches $1.26M settlement
The U.S. Securities and Exchange Commission (SEC) is charging Kim Kardashian for “unlawfully touting” a “crypto security,” the agency announced on Monday morning. The SEC says that Kardashian was in…
Mullen to bid for bankrupt Electric Last Mile Solutions
Mullen Automotive is the leading bidder on bankrupt commercial EV maker Electric Last Mile Solutions, its second major deal this month as it strives to deliver its own electric vehicle.…
Elon Musk’s third termination notice to Twitter is about Mudge’s severance
In the latest notice filed with the SEC, the Tesla CEO’s legal team has objected to Twitter paying severance money to the company’s former security head Peiter “Mudge” Zatko in…
Want to survive the crypto winter? Start by inspiring regulatory confidence
Today’s weather may be harsh, but the next phase of cyrpto is coming. Those who can inspire regulatory confidence will be better positioned to be on its leading edge.
Elon Musk can lean on the Twitter whistleblower but he can’t push the trial date back
A Delaware judge will allow Elon Musk to incorporate new information from Twitter whistleblower Peiter Zatko into his countersuit against the company. Zatko, a well-respected security expert known by the…
The weakest link: Charting supply chain risk in an era of globalization
It’s not just a feeling: geopolitical risk has been higher than usual in recent years, and for businesses with supply chain operations spanning the world, these risks are hard to…
Nvidia, the world’s largest maker of artificial intelligence chips, is at the heart of a new round of U.S. tech sanctions targeting China. Nvidia noted in an SEC filing that…
