The DOJ has arrested SafeMoon's CEO and CTO over an alleged $200 million investor fraud, with a third co-founder is still at large. The SEC has also filed civil charges for unregistered token sales, resulting in SafeMoon's market value crashing from $8 billion to $50 million.
Gary Gensler's changing positions on key issues, including SEC guidance and Bitcoin ETF approvals, have recently taken center stage, sparking widespread discussion across news outlets and social media.
The DOJ has arrested SafeMoon's CEO and CTO over an alleged $200 million investor fraud, with a third co-founder is still at large. The SEC has also filed civil charges for unregistered token sales, resulting in SafeMoon's market value crashing from $8 billion to $50 million.
Gary Gensler's changing positions on key issues, including SEC guidance and Bitcoin ETF approvals, have recently taken center stage, sparking widespread discussion across news outlets and social media.
Over recent months, Binance, Coinbase and the U.S. regulators have been exchanging caustic statements via court filings, mainly repeating the same old song about authority limits and alleged legal violations.
After Cointelegraph posted on X to say that the BlackRock spot bitcoin ETF had been approved by the SEC, BTC price jumped by 7% before falling back to its original level. BlackRock’s CEO said this demonstrated the “pent-up interest in crypto.”
As the Binance vs SEC hearing lumbers on, the parties struggle to agree on discovery requests and dispositions, and Circle was admitted as a 'friend of the court'.
