Gary Gensler: Crypto operators not providing adequate disclosures 

2024-5-7 17:57

Following multiple Wells notices, SEC Chair Gary Gensler shared rhetoric regarding the crypto industry and its supposed non-compliance with federal laws.

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SEC issues Wells Notice against Robinhood, crypto community calls it ‘scare tactics’

Robinhood’s crypto division received a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4. According to a filing, the Gary Gensler-led Commission staff has been investigating Robinhood’s “cryptocurrency listings, custody of cryptocurrencies, and platform operations” for some time before recommending an enforcement action against it.

2024-5-7 20:41


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SEC Chief Gary Gensler Misled Congress On Ethereum, Says Crypto-Friendly Rep. Patrick McHenry

Rep. Patrick McHenry, a staunch advocate for the crypto industry, joined the escalating warfare between U. S. financial regulators and the cryptocurrency sector on April 30, accusing Securities and Exchange Commission (SEC) Chairman Gary Gensler of having “knowingly misled Congress” on the commission’s position on Ethereum.

2024-5-6 23:47


Ethereum Regulatory Saga: Court Filings Expose SEC Chair Gensler’s Stand

Newly disclosed court filings have shed light on the belief of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, that Ethereum (ETH) is an “unregistered security” under the Howey Test, which is considered by the vast majority of crypto advocates to be an outdated legal framework for regulating crypto assets.   According […]

2024-4-30 04:00


Shiba Inu Snags Silver: Memecoin Is Europe’s 2nd Most Beloved Crypto

Shiba Inu (SHIB), the leading canine-themed cryptocurrency, has captured the attention of investors worldwide, emerging as the second most searched cryptocurrency in Europe. Surpassing established contenders like Ethereum (ETH), Cardano (ADA), and even its predecessor Dogecoin (DOGE), SHIB’s meteoric rise in popularity signals a significant shift in the cryptocurrency landscape. Related Reading: SEC Chair Gary […]

2024-3-26 23:00


Here’s How Sam Bankman-Fried Allegedly Used Customer Funds On Alameda Research

On day four of the criminal trial of former FTX CEO Sam Bankman-Fried, Gary Wang, who co-founded the now-bankrupt crypto exchange and served as its former chief technology officer (CTO), testified. During his testimony, the former FTX executive revealed details about the connection between the cryptocurrency exchange and Alameda Research.

2023-10-8 18:00


Sam Bankman-Fried’s Closest Friends Will Testify Against Him. Here’s Who Else We’ll Hear From

Several of Bankman-Fried’s former colleagues and friends will testify against the one-time crypto mogul following plea deals they struck with the U. S. Department of Justice, including his former romantic partner Caroline Ellison and childhood friend Gary Wang, who were both deeply involved in the daily workings of both FTX and its quant-driven trading shop, Alameda Research.

2023-10-2 20:47