This incident may undermine trust in remote work policies and impact future SEC funding requests, affecting its regulatory capabilities.
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On Friday evening, the government ordered Anthropic to block access to Fable 5 and Mythos 5 for all foreign nations, both inside and outside the US, due to national security concerns. That order included employees of Anthropic. To meet those demands, the company has completely cut off access to the models for all customers.
In a statement, Anthropic said that while it was complying with the order, the government "did not provide specific details of its national security concern." Instead, it claims that any evidence of potential jailbreak was provided verbally, and that the vulnerabilities discovered were minor and available via other model …
Read the full story at The Verge.
The SEC approved NYSE Arca’s proposal to list and trade shares of the T. Rowe Price Active Crypto ETF, placing BTC, ETH, XRP, SOL, DOGE, and XLM among eligible assets. The actively managed fund may hold five to 15 crypto assets, with USDC allowed for operational use. SEC Approval Names BTC, ETH, XRP, SOL, DOGE, […]
She arrived at the SEC in 2018 as a Republican commissioner with light crypto baggage and left this week as the regulator whose quotes had narrated the industry's regulatory story. A retrospective on eight years of dissent.
SEC Commissioner Hester Peirce delivered her farewell remarks Tuesday at the U.S. Chamber of Commerce Capital Markets Summit, closing a tenure defined by crypto-industry advocacy and dissent from the Gensler era.
Leech's guilty plea highlights the challenges of regulatory enforcement in financial markets, potentially undermining investor trust and market integrity.
The post Ken Leech pleads guilty to obstructing SEC probe into cherry-picking fraud scheme appeared first on Crypto Briefing.
Leech's guilty plea highlights the critical need for rigorous oversight in asset management, potentially spurring further regulatory actions.
The post Former Western Asset manager Kenneth Leech pleads guilty to obstructing SEC probe appeared first on Crypto Briefing.