The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review

As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto community. Former CEO of FTX Sam Bankman-Fried has addressed the issue publicly on social media, mentioning a mysterious

SEGUNDO, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds

Los Estados Unidos. Comisión Nacional del Mercado de Valores (SEGUNDO) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory probes are among the key reasons why Binance

Support for Ripple Grows in SEC Lawsuit Over XRP — CEO Says ‘It’s Unprecedented’

Support for Ripple Labs in its fight against the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) over xrp has grown, con 12 amicus briefs filed. “Eso’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that each brief explains in its own unique way

Las acciones de Core Scientific fueron rebajadas después de que la presentación ante la SEC insinuara una posible quiebra

Uno de los mineros de bitcoins que cotizan en bolsa más grandes, Núcleo científico, ha sacudido a los inversores con una reciente presentación ante los EE.UU.. Comisión de Bolsa y Valores que plantea la posibilidad de que la empresa pueda solicitar protección por quiebra. The filing notes that Core Scientific

EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’

The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” dijo…

CFTC Chairman on US Crypto Regulation: We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity

The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEGUNDO) “have to rely on 70-year-old case law to determine whats a security or a commodity.He stressed that the SEC and CFTC

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexos Earn Interest Product (EIP) may be in violation of securities

SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina

Los Estados Unidos. Comisión Nacional del Mercado de Valores (SEGUNDO) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors. The securities regulator also charged crypto influencer Ian Balina for promoting crypto tokens without

US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations

A NOSOTROS. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler

Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’

The chairman of the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEGUNDO…