Alleged Fraudster Orchestrates $12,500,000 Crypto Trading Scheme, Uses Funds for Ponzi-Like Payments and Personal Expenses: SEC

Senator Elizabeth Warren has called on the SEC to delay SpaceX’s $75 billion IPO, citing concerns over investor protections, governance risks, and the company’s $1.8 trillion valuation. According to a letter sent by Senator Elizabeth Warren to SEC Chair Paul…

U.S. Senator Elizabeth Warren urged the SEC to delay SpaceX’s IPO, warning that a potential $2 trillion valuation could expose retirement savers and public investors to serious risks. SEC Delay Request Puts SpaceX’s June 12 IPO Under New Pressure With SpaceX’s IPO expected on June 12, U.S. Senator Elizabeth Warren (D-MA) on June 10 announced […]

BlackRock has expanded disclosures for its proposed Bitcoin Premium Income ETF, reporting $9.99 million in net assets and a covered-call strategy tied to IBIT. According to a June 10 filing with the U.S. Securities and Exchange Commission, BlackRock submitted a…

OpenAI has filed confidentially for an initial public offering with the U.S. Securities and Exchange Commission, the company announced Monday, entering a public market race alongside rival Anthropic, which filed just over a week earlier. The offering could value OpenAI, which counts roughly 900 million weekly active users, at close to its last private valuation […]

Backpack US's strategic board appointment signals a shift towards compliance, potentially unlocking institutional investment in regulated crypto derivatives. The post Backpack US taps former SEC chairman Piwowar for board as it eyes regulated crypto perps appeared first on Crypto Briefing.

Backpack US has appointed former SEC Acting Chairman Michael S. Piwowar to its board. The crypto exchange announced the appointment on Tuesday while expanding U.S. products. According to Backpack US, Piwowar joins as digital asset rules receive renewed attention in…

Coinbase vs SEC: How the Lawsuit Ended With Zero Penalties The post From SEC Crypto Lawsuit to S&P 500: How Coinbase Won Its Three-Year Regulatory War appeared first on 99Bitcoins.

After long years of muted performance, the XRP price had rebounded in 2024, pushing close to its $3.8 all-time high, but not quite hitting the mark. This comes after the legal battle with the United States Securities and Exchange Commission (SEC) ended in 2024, triggering a wave of recovery. Since then, though, the XRP price seems to have hit a ceiling and has been on a downtrend for over a year. This has pushed the price toward $1, an over 60% decline from its 2024 peaks. Despite this, predictions continue to pour in that the price moving above $10 is only a matter of time as XRP continues to be one of the most popular cryptocurrencies in the space. The XRP Dream Has Changed From $1 Crypto analyst Crypto Patel took to the X (formerly Twitter) platform to explain where the investor mindset is sitting at now and how the dream seems to have changed. Pointing to historical performance, the analyst recalls how the dream was for XRP to actually reach $1 back when it was trading at around $0