Category: Securities and Exchange Commission

XRP chart triggers sell-off warning after price explodes by 54% in one week

August 14, 2021

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XRP price almost surged to its three-month high following a strong uptrend continuation on Aug. 14. Nevertheless, its wild weekly run-up triggered overvaluation risks, thus raising possibilities of an imminent price pullback. In detail, the XRP/USD exchange popped 11.78% higher to reach $1.20 for the first time since May 22. The pair’s gains appeared as a […]

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Gary Gensler Named as Joe Biden’s SEC Chair Pick

January 18, 2021

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Gary Gensler has taught courses about blockchain at MIT. Jan 18, 2021 at 3:16 p.m. UTCUpdated Jan 18, 2021 at 4:25 p.m. UTC Gary Gensler Named as Joe Biden’s SEC Chair Pick President-elect Joe Biden named Gary Gensler as his pick for chairman of the U.S. Securities and Exchange Commission (SEC) on Monday. Gensler is […]

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Kraken to Halt XRP Trading for US Residents

January 15, 2021

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Clients residing outside the U.S. will be unaffected. Ripple CEO Brad Garlinghouse(Zack Seward/CoinDesk archives) Jan 15, 2021 at 10:45 p.m. UTCUpdated Jan 15, 2021 at 10:50 p.m. UTC Kraken to Halt XRP Trading for U.S. Residents Citing the recent SEC lawsuit against Ripple Labs, cryptocurrency exchange Kraken announced it’s halting trading of the XRP token […]

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Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit

January 8, 2021

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Jan 8, 2021 at 9:02 p.m. UTCUpdated Jan 8, 2021 at 9:03 p.m. UTC Brad Garlinghouse, Ripple CEO, speaks at Davos 2020.(Zack Seward/CoinDesk archives) Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit XRP’s double-digit gains could be the result of a bold bet by retail investors, especially those in Asia, that the […]

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Tierion to Repay ICO Investors Up to $25M Plus Interest in SEC Settlement

December 24, 2020

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Dec 24, 2020 at 8:30 p.m. UTCUpdated Dec 24, 2020 at 8:40 p.m. UTC Tierion CEO Wayne Vaughn(CoinDesk archives) Tierion to Repay ICO Investors Up to $25M Plus Interest in SEC Settlement The U.S. Securities and Exchange Commission (SEC) ordered Tierion to pay back investors in its TNT tokens after finding the data verification startup’s […]

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Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC

December 24, 2020

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Dec 24, 2020 at 10:50 a.m. UTCUpdated Dec 24, 2020 at 3:33 p.m. UTC Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC The U.S. Securities and Exchange Commission (SEC) has accused the founder of hedge fund Virgil Capital, which specializes in cryptocurrency arbitrage, of fraud. Stefan Qin, the 23-year-old founder of Virgil […]

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