Justin Sun, Tron Entities Reach Settlement With US SEC, $10M Fine Imposed
The US Securities and Exchange Commission (SEC) has settled its civil fraud case against Tron (TRX) blockchain founder Justin Sun, bringing an end to the legal proceedings that began in 2023. As part of the settlement, one of Justin Sun’s companies will pay a $10 million civil penalty, and...
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SEC moves to settle long-running lawsuit against Justin Sun and Tron entities
The settlement reflects a shift in SEC’s strategy towards negotiated resolutions in crypto cases, potentially impacting future regulatory actions. The post SEC moves to settle long-running lawsuit against Justin Sun and Tron entities appeared first on Crypto Briefing....
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US SEC Proposes Guidelines on How Securities Laws Can be Applied to Crypto
The United States Securities and Exchange Commission (SEC) has inched closer to creating guardrails to ascertain how cryptocurrencies are regulated. In a recent commission-level guidance submitted to the White House’s Office of Information and Regulatory Affairs (OIRA), the SEC outlined how securities laws can be applied to crypto. If...
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Bitcoin Supply Shift: 212,000 BTC Moves Into Long-Term Holder Hands, Price Nearing A Bounce?
The price of Bitcoin has been struggling with heightened volatility across the broader cryptocurrency sector, but investors’ action is telling a different and interesting story. In present times, there appears to be a persistent demand for BTC, as seasoned investors load up heavily on the crypto leader. 212,000 Bitcoin...
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SEC, Justin Sun reach settlement over Tron lawsuit
Rainberry, a company affiliated with the Tron network, will pay a $10 million fine. Charges against Sun will be dismissed....
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U.S. banking agencies say capital should be same for standard or tokenized securities
The Federal Reserve and other banking regulators clarified that the capital tally in banks needs identical treatment whether securities are tokenized or not....
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Ether’s path to $2.5K may be trickier than expected: Here’s why
Crypto markets spent the week chasing green, but Ether’s rally toward $2,500 might hit significant setbacks. Cointelegraph explains why....
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Hyperliquid Policy Center Maps Out Multi-Year Agenda, CEO Sets 3 Key Goals
Jake Chervinsky, CEO of the newly formed Hyperliquid Policy Center (HPC), has laid out a policy roadmap aimed at reshaping how decentralized finance (DeFi) is regulated in the United States. Hyperliquid Policy Center Pushes For Clear DeFi Rules In a recent interview with Flood, Chervinsky discussed both the center’s...
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Short seller Culper bets against ether, BitMine citing ‘death spiral’ risk
The short seller firm said that Ethereum’s native token is “impaired,” leaving treasury firm BitMine holding the bag while co-founder Vitalik buterin is selling....
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XRP Stuck Below $1.50: Can XRP Ledger Development Lift Sentiment?
Despite XRP (CRYPTO: XRP) declining about 10% over the past month, developments in the broader Ripple ecosystem suggest the XRP Ledger (XRPL) could play an important role in the future of institutional on-chain finance. XRPL Building A Foundation For Institutional Finance Robinson Burkey, co-founder of the Wormhole Foundation, said...
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