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McHenry slams Gensler for misleading Congress about Ethereum’s classification

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate. дальше »

2024-4-30 21:39


FTX Co-Founder Sam Bankman-Fried’s Civil Liability Released In Settlement With Investors

According to a recent Bloomberg report, a group of investors and customers of cryptocurrency exchange FTX have agreed to drop their claims against co-founder Sam Bankman-Fried.   In exchange, Bankman-Fried has agreed to cooperate with the plaintiffs in the ongoing lawsuits against other defendants related to the collapse of FTX. дальше »

2024-4-25 07:00


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SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies

US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities laws.” Gensler made the statements on March 18 in tandem with lawsuits and regulatory action by the SEC against AI washing, which occurs when members of the financial sector make false claims […] The post SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies appeared first on CryptoSlate. дальше »

2024-3-19 02:31


Crypto Industry In The US Sets Sights On Record Lobbying Expenditure In 2023

According to a Reuters report, the cryptocurrency industry has witnessed a surge in lobbying spending as companies strive to repair their reputations and advocate for favorable legislation.  Despite facing regulatory scrutiny and high-profile scandals and lawsuits from the US Securities and Exchange Commission (SEC), which has taken the lead in enforcing the industry, Reuters has […] дальше »

2023-12-6 03:00


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Binance Appoints New Compliance-Focused And Money Laundering Reporting Officer Amid Growing Regulatory Heat, Lawsuits

Binance has announced the appointment of a new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO) at a time when the world's largest cryptocurrency exchange grapples with regulatory challenges from several law enforcement officers worldwide over compliance issues. дальше »

2023-8-4 00:39