​Rumors emerge online about an important SEC announcement for the crypto industry

What’s new? FOX Business journalist Eleanor Terrett said, citing her own sources, that on February 9, the US Securities and Exchange Commission (SEC) will make an important announcement for the crypto industry. According to Terrett, the announcement will be made at 19:00 UTC because at that time the SEC will hold a closed meeting. The journalist speculated that the announcement could be related to a settlement with the Kraken crypto exchange.

🚨SCOOP: My @SECGov sources tell me to be prepared for a potentially big announcement tomorrow. Could it have something to do with a @krakenfx settlement following a closed meeting at 2pm? Could settlement terms have industry ramifications? We’ll see. 👇🏼https://t.co/AVy0O5dsIG — Eleanor Terrett (@EleanorTerrett) February 9, 2023

Crypto community’s reaction. Not all Twitter users agreed with Terrett. Some speculate that the meeting will announce a settlement with Ripple — the regulator sued the company in 2020 because it deemed the sale of native tokens XRP to be an operation with unregistered securities. Ripple’s lawyer John Deaton allowed the possibility that the case could be ruled on in April or May of this year.

Others speculate that the SEC will discuss the case against the Bitzlato crypto exchanger, its top executives, and counterparties. The service’s main shareholder Anatoly Legkodymov has been arrested by the US authorities for allegedly laundering $700 million. During the Interpol operation in Europe, six people were detained in this case, including the co-founder of the EXMO crypto exchange Pavel Lerner. Bitzlato co-founder Anton Shkurenko was also detained in Moscow at the request of the international organization.

Among the possible topics, there was even the advertising of crypto companies at the crucial match of the US National Football League (Super Bowl), which will be held on February 12. However, the official broadcaster of the match, FOX TV channel, has already stated that the advertising materials of crypto firms will not appear on the air.

Another bitzlato small crypto exchange takedown. Or 500 million dollar spent on crypto ads for the Super Bowl, advertising against crypto. — Eric (@cireincorp) February 9, 2023

In addition, on February 9, analyst Colin Wu, citing sources, reported that regulators along with the US Treasury Department launched a major campaign to de-bank crypto companies, demanding that they withdraw their license applications. On the same day, Brian Armstrong, CEO of the Coinbase crypto exchange, also citing sources, said that the SEC plans to impose a ban on staking cryptocurrencies for retail investors.