Ripple Pushes Back Against SEC’s $2 Billion Penalty Demand, Citing Excessive Punishment
In a recent legal showdown between Ripple and the U.S. Securities and Exchange Commission (SEC), the cryptocurrency firm has fired back at the regulatory body’s demand for a staggering $2 billion in penalties. Ripple’s opposition, made public by its defense lawyer, James Filan, challenges the SEC’s punitive stance, arguing for a much lower penalty of […]
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The US Securities and Exchange Commission (SEC) has opened the floor for public commentary on the recent amendments to BlackRock’s proposed spot Ethereum exchange-traded fund (ETF).
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Ripple Labs pushed back against the Securities and Exchange Commission’s request for the court to impose nearly $2 billion in fines.
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Grayscale’s application to convert its trust into a spot Ethereum ETF has been delayed by the U.S. SEC.
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Bitcoin’s recent bullish momentum faces resistance challenges, with potential downside targets if resistance continues to block the ascent.
Read More...Block’s CEO Jack Dorsey Reveals New Bitcoin Mining System
Jack Dorsey, CEO of Block, has announced the completion of an advanced Bitcoin mining chip, setting the stage for the launch of a comprehensive Bitcoin mining system.
Read More...Bitcoin (BTC) Fails to Attract Safe-Haven Flows: Kaiko
Traditional safe-haven assets such as US Treasuries have also faltered as the global economy continued to face headwinds.
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