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SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

Bitcoin.com
SEC Fines Prager Metis .95M Over Negligent FTX Audits
Alameda Research
SEC Fines Prager Metis .95M Over Negligent FTX AuditsThe U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s […]
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Hashing It Out: How Web3 makes shopping better with crypto cash-back

Hashing It Out: How Web3 makes shopping better with crypto cash-back

Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

Coin Telegraph
Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?
ARK 21Shares

It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week.

The fate of spot Ether (ETH) exchange-traded funds could be decided this week by a single vote from Gary Gensler, the chair of the United States Securities and Exchange Commission — if history is any indication.

In January, the approval of spot Bitcoin ETFs came down to a five-commissioner panel. Two crypto-friendly commissioners, Hester Pierce and Mark Uyeda, voted to approve ETFs, while Commissioners Caroline Crenshaw and Jaime Lizárraga voted against them.

Gensler also voted to approve it, leading many to believe his vote ultimately secured approval of spot Bitcoin ETFs, which were approved with a 3-2 vote on Jan. 10, 2024.

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Hashing It Out: How Web3 makes shopping better with crypto cash-back

Hashing It Out: How Web3 makes shopping better with crypto cash-back

SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows

Bitcoin.com
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows
bitcoin.com
SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing ShowsA new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal investigative order in March last year to scrutinize potential securities transactions involving […]
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Hashing It Out: How Web3 makes shopping better with crypto cash-back

Hashing It Out: How Web3 makes shopping better with crypto cash-back

US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP

Bitcoin.com
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP
bitcoin.com
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRPU.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major exchanges did many, many tens of thousands of transactions […]
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Hashing It Out: How Web3 makes shopping better with crypto cash-back

Hashing It Out: How Web3 makes shopping better with crypto cash-back

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