SEC Targets Mining Automatic in Alleged $22M Fraud Case

The US Securities and Exchange Commission (SEC) has sued crypto mining investment business Mining Automatic and its founder, Zan Shaikh, alleging they raised $22 million from investors while spending only about 13% of the funds on mining operations. Mining Automatic was operated by Massachusetts-based Bright Vision Distribution LLC, which the SEC said raised the money…

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Injective Recordsdata SEC Switch Agent Utility for Onchain Securities

Injective Recordsdata SEC Switch Agent Utility for Onchain Securities

Injective stated Thursday it has filed a switch agent registration with the US Securities and Trade Fee, looking for to convey one of many core record-keeping capabilities of securities markets onto the blockchain infrastructure. Switch brokers are a core a part of US market infrastructure, sustaining shareholder information and monitoring adjustments in securities possession. Injective,…

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SEC Capital Offering Reforms Could Matter For Crypto Firms Eyeing Public Markets

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SEC Capital Offering Reforms Could Matter For Crypto Firms Eyeing Public Markets is a useful reminder that crypto coverage is not only about token prices. Sometimes the most important story is the infrastructure, regulation, security, or product layer sitting underneath the market…

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SEC Climate Disclosure Reversal Shows Atkins Is Reframing The Agency’s Mandate

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SEC Climate Disclosure Reversal Shows Atkins Is Reframing The Agency’s Mandate is a useful reminder that crypto coverage is not only about token prices. Sometimes the most important story is the infrastructure, regulation, security, or product layer sitting underneath the market noise….

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How XRP Went From SEC Target to Institutional Asset

After the SEC fight, Ripple bounced back with new deals, acquisitions, tokenization efforts, and XRP ETFs. It has been three years since Judge Analisa Torres delivered her landmark ruling that Ripple’s programmatic sales of XRP on crypto exchanges did not constitute securities transactions. This decision remains one of the most important legal moments in the…

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SEC, CFTC Search Enter on Unified Portfolio Margin Guidelines

SEC, CFTC Search Enter on Unified Portfolio Margin Guidelines

The US Securities and Change Fee (SEC) and Commodity Futures Buying and selling Fee (CFTC) have opened a joint public session on whether or not to higher align portfolio margin guidelines throughout securities and derivatives markets, searching for suggestions on approaches that would develop cross-margining and cut back market fragmentation. The companies are requesting enter…

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SEC Crypto Job Drive Adviser to Be a part of CFTC in Transfer towards Blockchain Forensics

SEC Crypto Job Drive Adviser to Be a part of CFTC in Transfer towards Blockchain Forensics

The US Commodity Futures Buying and selling Fee (CFTC) has employed a brand new chief knowledge innovation officer with deep expertise in blockchain forensics in what could possibly be seen because the regulator’s transfer in direction of higher give attention to the expertise. In a Monday discover, CFTC Chair Michael Selig said that Donald Battle,…

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