United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of their apprehension centers on crypto firm Prometheum’s plans to offer institutional custody services for ETH, which has sparked several demands for clarity and action from […]
On Monday, U.S. District Judge Robert Shelby levied sanctions against the Securities and Exchange Commission (SEC) in response to accusations of serious misconduct in the legal action against Utah-based cryptocurrency firm DEBT Box. The decision comes after the judge determined that the SEC had committed a “gross abuse of power” in its handling of the […]
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, […]
The United States Securities and Exchange Commission (SEC) has charged 17 individuals for allegedly perpetrating a cryptocurrency Ponzi scheme that defrauded thousands of Latino investors in the country for approximately $300 million. According to an official release from the regulator, the alleged fraudsters operated under a company named CryptoFX LLC, which is based in Houston, […]
BlackRock has recently updated its filing with the Securities and Exchange Commission (SEC), indicating its intention to purchase spot Bitcoin ETFs for its Global Allocation Fund (MALOX). The March 7 filing states that MALOX may acquire shares of BlackRock’s spot Bitcoin ETF, IBIT, and ETFs offered by other issuers, with the fund exclusively investing in […]