Search Results for "securities"
SEC Finalizes Lawsuit Against the Founder and CEO of Fraudulent ICO
The US Securities and Exchange Commission (SEC) has revealed that it has received a final judgment in a US district court action against Eran Eyal, the CEO and founder of Shopin token offering for carrying out an allegedly fraudulent ICO.
XRP Trading on Kraken to be Halted as SEC Lawsuit Kills Support for Ripple in the US
Kraken exchange has finally joined other cryptocurrency exchanges in announcing that XRP trading will also be temporarily halted on its platform.
DLA Piper: Security Tokenization in Hong Kong
Security tokenization is the representation of fractional interests in an asset using blockchain. A security token derives its value from an underlying asset, such as a work of art. This differs from a utility token, which gives a holder the right to use a particular product or service, or a cryptocurrency such as Bitcoin, which has its own value as a currency.
New Petition Appeals to SEC Chair Nominee Gary Gensler to “End the Ripple Lawsuit”
A new petition filed by an XRP advocate has surfaced, demanding that Gary Gensler drop the Ripple lawsuit once he is confirmed as Chairman of the SEC.
Ripple CEO Discusses Likelihood of a Settlement with the SEC in XRP Case
CEO of Ripple Brad Garlinghouse said that with the new administration entering the Securities and Exchange Commission (SEC), he hopes that some of the old conversations on XRP could be revisited.
Former SEC Official Reveals why He Thinks Ripple Has a Good Chance of Winning SEC Lawsuit over XRP
Joseph Hall, a partner at Davis Polk law firm, thinks that Ripple has a good chance of winning the legal case the SEC has built against XRP cryptocurrency.
The SEC's Amended Complaint Towards Ripple Accuses Lead Executives of Manipulating XRP Price
The SEC filed an amended complaint towards Ripple, accusing the firm of purposely misleading investors in relation to XRP cryptocurrency.
TikTok Crypto Influencers Mislead Viewers
More than one-third of cryptocurrency influencers on TikTok have posted misleading videos about Bitcoin and other cryptocurrencies, according to a recent study. Many of these influencers fail to provide disclaimers warning users about the risks of investing in cryptocurrencies. Moreover, many are pushing services and investments for their own profit, without disclosing the payments they receive. The potential financial risks for unwary investors are high, with one in three misleading videos on TikTok mentioning Bitcoin. Viewers are advised to do their own research before making any investments.
SEC Pushes Back against Ripple’s Lack of Fair Notice Argument
The SEC has filed a motion to dismiss Ripple’s lack of "due process and fair notice" defence, which pinpoints that the fintech firm had not been warned beforehand that XRP was in violation of securities laws.
SEC Accused by Ripple of Using Improper Intimidation Tactic to Extract XRP Info During Discovery
The SEC is appealing to foreign regulators to obtain information on Ripple and XRP, invoking the Memoranda of Understanding (MOU) to justify their demand.
SEC Justifies Why It Wants to Access Ripple Executives’ Personal Financial Records in XRP Case
The SEC has pushed back against Ripple co-founder Chris Larsen and CEO Brad Garlinghouse’s motion to quash the subpoenas related to their personal financial records.
Lawsuits against Ripple Grow as XRP Investor in Florida Sues Firm
The SEC lawsuit is not the only complaint that Ripple Labs is currently facing over XRP.
