A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug. 28) that the Los Angeles-based Impact Theory conducted an unregistered offering of crypto asset securities in the form of purported non-fungible tokens...
Securities and Exchange Commission (SEC) Chair Gary Gensler reportedly said the agency is “disappointed” in last week’s court ruling in its case against Ripple Labs. The ruling gave the cryptocurrency industry a boost by finding that Ripple Labs did not violate federal securities laws in...
The Securities and Exchange Commission (SEC) wants to allow individuals to invest in private companies, including in-demand startups. SEC Chairman Jay Clayton said the commission also would like to give individuals the chance to invest in companies that aren’t public, including firms like Uber and Airbnb...
August 07, 2024
Blockchain solutions provider Ripple Labs was ordered by a federal judge to pay a civil penalty of $125 million in a case brought by the Securities and Exchange Commission (SEC) and centered on the company’s sale of its XRP token to institutional investors. The SEC had sought a total of $2 billion in civil penalties, […]
August 28, 2023
A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug. 28) that the Los Angeles-based Impact...
July 17, 2023
Securities and Exchange Commission (SEC) Chair Gary Gensler reportedly said the agency is “disappointed” in last week’s court ruling in its case against Ripple Labs. The ruling gave the cryptocurrency...
August 31, 2018
The Securities and Exchange Commission (SEC) wants to allow individuals to invest in private companies, including in-demand startups. SEC Chairman Jay Clayton said the commission also would like to give...
