SEC - Claimpayback

SEC accepting ethereum for penalty payment

0xMain
May 31, 2023

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The U.S. Securities and Exchange Commission (SEC) is accepting ethereum as part of a penalty payment in a recent fraud case, while maintaining the classification of the digital asset as a security. In an unexpected twist of events, the Securities and Exchange Commission...

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Gemini challenges SEC in legal battle over Earn product

0xMain
May 27, 2023

battle, challenges, Earnproduct, Gemini, Hacking, legal, SEC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Gemini has responded to the US Securities and Exchange Commission (SEC) lawsuit over its Earn Product. The exchange and its partner, now-bankrupt Genesis lender, gear up for a spectacular...

Billionaire Mark Cuban says SEC crypto attacks will be futile

0xMain
May 25, 2023

attacks, Billionaire, Crypto, Cuban, futile, Hacking, mark, SEC

According to reports, billionaire Mark Cuban recently noted that the ongoing attack on crypto tokens by SEC and the U.S. government would ultimately not work. Cuban: SEC attacks on tokens will not work Mark Cuban responded to a crypto enthusiast, Rodrigo, who tweeted...

Ripple defense attorney files motion to withdraw from SEC case

0xMain
May 24, 2023

attorney, case, defense, files, Hacking, motion, Ripple, SEC, withdraw

Kylie Chiseul Kim, a key defense attorney for Ripple Labs in its ongoing litigation against the SEC, has submitted a motion to withdraw from the case due to her departure from the law firm representing Ripple. In a development from the high-profile litigation...

Crypto lawyers speculate on XRP’s classification in SEC lawsuit

0xMain
May 24, 2023

classification, Crypto, Hacking, lawsuit, lawyers, SEC, speculate, XRPs

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto lawyer Jesse Hynes expressed hope that the court supervising the Securities and Exchange Commission’s (SEC) legal action against Ripple would declare XRP a non-security digital asset. According to...

Sologenic co-founder criticizes SEC stand on crypto regulation

0xMain
May 23, 2023

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bob Ras, the co-founder of Sologenic, expressed his worries about the SEC’s approach to cryptocurrency regulation in a Twitter thread, noting he thinks the agency’s has a lack of...

Security Laws Are Not Ready For The Digital Era4

Defendants in $18m fraud lawsuit argue SEC lacks authority over crypto

0xMain
May 23, 2023

18m, argue, authority, Crypto, Defendants, fraud, Hacking, lacks, lawsuit, SEC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two individuals charged with orchestrating an alleged fraudulent cryptocurrency mining scheme amounting to $18 million have moved to dismiss the lawsuit filed against them by the United States Securities...

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Ripple scores against SEC, blockchain adoption in China and South Korea, more ETH staked| Weekly recap

0xMain
May 21, 2023

adoption, Blockchain, China, ETH, Hacking, Korea, recap, Ripple, scores, SEC, South, staked, Weekly

This week, a judge adjudicating the ongoing Securities and Exchange Commission (SEC) versus Ripple, the blockchain company, issued a landmark ruling. At the same time, Ripple announced crucial strategic expansions. Also, the number of staked ethereum (ETH) rose to record highs. Meanwhile, crypto...

SEC and Ripple seek extension for filing unredacted cross-motions

0xMain
May 19, 2023

crossmotions, extension, filing, Hacking, Ripple, SEC, seek, unredacted

Parties in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple over XRP have submitted a joint letter requesting a one-week extension, until June 13, 2023, to file public, unredacted versions of their cross-motions for summary judgment and accompanying...

SEC requests pause on ETH futures ETFs

0xMain
May 19, 2023

ETFs, ETH, futures, Hacking, pause, requests, SEC

Grayscale Investments and Bitwise Asset Management have reportedly suspended their plans for ETH futures ETFs following apparent concerns raised by the U.S. Securities and Exchange Commission (SEC) over the liquidity of ETH futures, and their classification as a security or a commodity. Crypto...