Latest from Cheyenne Ligon
Ripple to Get $75M of Court-Ordered Fine Back From SEC, Drops Cross-Appeal
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.
SEC Drops Investigation into Web3 Gaming Firm Immutable
The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.
Massachusetts Regulator Probes Robinhood Over Prediction Markets Hub: Reuters
Robinhood launched its in-app prediction markets hub last week, allowing users to bet on the outcome of March Madness matchups.
Crypto ETFs Gaining Massive Popularity Among U.S. Advisors as 'Reputational' Risk Gone
Crypto is now part of every financial advisor’s conversation and 57% of them plan to increase their allocations, TMX VettaFi senior investment strategist Cinthia Murphy said.
Shuttered Russian Crypto Exchange Garantex Rebrands as Grinex, Global Ledger Finds
The Swiss blockchain analytics firm said it found a trove of off and on-chain data to suggest Grinex is a direct successor to Garantex.
U.S. Government Removes Tornado Cash Sanctions
Tornado Cash was sanctioned multiple times over allegations of helping Lazarus Group launder funds.
Proof-of-Work Crypto Mining Doesn’t Trigger Securities Laws, SEC Says
In a staff statement published Thursday, the SEC said that both solo mining and mining pool operations would fail the first prong of the Howey Test.
Gotbit Founder Aleksei Andriunin Pleads Guilty to Wire Fraud, Market Manipulation
Prosecutors are recommending that Andriunin, 26, spends no more than 24 months in a U.S. prison.
U.S. Senate Takes First Big Step to Advance Stablecoin Bill
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
Garantex Operator Aleksej Besciokov Arrested in India: Report
Besciokov is charged with money laundering conspiracy, conspiracy to violate sanctions and conspiracy to operate an unlicensed money transmitting business.
