Tag Archives: Breaking News Ticker

SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’

Posted on by — No Comments ↓

The US Securities and Exchange Commission (SEC) has stepped up its regulatory scrutiny of the crypto industry by charging Cumberland DRW LLC with operating as an “unregistered dealer”, underscoring the agency’s relentless enforcement approach that has come under increasing criticism from stakeholders and advocates in the digital asset space. Accused Of Trading $2B In Crypto… Continue reading SEC Strikes Again: Cumberland DRW Charged For ‘Unregistered Crypto Operations’→

US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal

Posted on by — No Comments ↓

On Wednesday, US prosecutors charged four crypto companies and 14 individuals in what is hailed as the first criminal prosecution targeting financial services firms for market manipulation and sham trading activities within the crypto sector.  Allegations Of Price And Trading Volume Manipulations According to a court filing by the US District Court of the District… Continue reading US Charges 14 Individuals And Four Crypto Companies In Major ‘Sham Trading’ Scandal→

Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions

Posted on by — No Comments ↓

After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC).  While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its… Continue reading Bitcoin Price Manipulation Linked To HBO’s Satoshi Revelation, Expert Cautions→

FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%

Posted on by — No Comments ↓

A US bankruptcy court has officially approved crypto exchange FTX liquidation plan, paving the way for it to repay customers using $16 billion in recovered assets, according to Reuters, which reports that the ruling was made by Judge John Dorsey during a court hearing in Wilmington, Delaware, on Monday. Court Approves FTX Settlements The approved… Continue reading FTX Bankruptcy Plan Approved: $16 Billion In Assets To Be Repaid, FTT Price Soars 20%→

Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC

Posted on by — No Comments ↓

Following a volatile week, Bitcoin (BTC) has once again captured the attention of investors as it fluctuates between bearish and bullish sentiments. Earlier this week, the leading cryptocurrency retracted to the $59,800 mark after reaching a two-month high of $66,500 at the end of the previous week. Despite these fluctuations, analysts express confidence that Bitcoin… Continue reading Bitcoin In Flux: Bearish Trends Can’t Deter $100,000 Price Predictions, CNBC→

Ripple XRP Case: SEC Moves To Appeal Court Ruling

Posted on by — No Comments ↓

In a significant move that could reshape the regulatory landscape for XRP and blockchain payments company Ripple, the US Securities and Exchange Commission (SEC) announced on Wednesday that it is appealing the court ruling limiting its authority over crypto markets.  The appeal targets a July 2023 decision by US District Judge Analisa Torres, which determined… Continue reading Ripple XRP Case: SEC Moves To Appeal Court Ruling→