#SEC

AML Bitcoin CEO

AML Bitcoin CEO Convicted of Fraud and Money Laundering

A San Francisco federal jury has found Rowland Marcus Andrade, the CEO and founder of AML Bitcoin, guilty of wire fraud and money laundering. The conviction follows a five-week trial overseen by Chief U.S. District Judge Richard Seeborg, during which prosecutors demonstrated that Andrade deceived investors about the cryptocurrency’s progress, fabricated partnerships, and falsely promoted […]

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Robinhood settles FINRA

Robinhood Settles FINRA Probes for $29.75M

Online trading platform Robinhood has agreed to pay $29.75 million to settle multiple Financial Industry Regulatory Authority (FINRA) investigations into its supervision and compliance practices. vThe settlement includes a $26 million civil fine and $3.75 million in restitution to affected customers, according to FINRA’s March 7 announcement. The regulator found that Robinhood failed to address

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Trump's Vision

Senator Hagerty Backs Trump’s Vision for U.S. as Crypto Hub

U.S. Senator Bill Hagerty (R-TN) voiced strong support for making the United States a global center for cryptocurrency. Aligning with former President Donald Trump’s Vision to position America as a leader in the crypto industry. A Strategic Push for Domestic Crypto Development During an interview with Bloomberg Surveillance, Senator Hagerty emphasized the importance of nurturing

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SEC Clears Stacks and Hiro Systems After Lengthy Investigation

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Stacks, a Bitcoin scaling network, and its original developer Hiro Systems. This closure, confirmed through a recent filing, marks the end of a scrutiny that began in 2021, even though Stacks contributors (formerly known as Blockstack) had claimed their token sale was SEC-qualified

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Uniswap Challenges SEC: A Stand for DeFi’s Autonomy

Uniswap, a leading decentralized exchange (DEX), has openly challenged the U.S. Securities and Exchange Commission’s (SEC) recent attempts to regulate the decentralized finance (DeFi) sector. This confrontation follows closely on the heels of the U.S. Supreme Court’s landmark decision to eliminate Chevron deference, significantly altering the landscape of administrative law and regulatory oversight. In a

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Ethereum Staking Soars as ETF Anticipation Grows

As the crypto market eagerly awaits the potential U.S. launch of spot Ethereum ETFs, a significant portion of Ethereum—32.6 million ETH, over 27% of the total supply—has been staked to secure its proof-of-stake network, according to Coinbase. This development underscores the robust interest in Ethereum staking, despite the ecosystem wrestling with the implications of the

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Justin Sun Unveils Gas-Free Stablecoin Transfers on Tron

Justin Sun, the innovative mind behind the Tron blockchain, has announced a groundbreaking development that could revolutionize how stablecoins operate on blockchain networks. In a recent flurry of posts on the social media platform X, Sun revealed that his team is crafting a new technology to enable gas-free transfers of stablecoins. According to Sun, this

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