All by tag: SEC

Representatives of the FBI and the Southern District of New York interviewed former employees of the company that developed the project, Terraform Labs

Earlier, the deal was unsuccessfully tried to challenge the Securities and Exchange Commission

The volume of spot transactions rose to $504 billion, a record for the exchange

John Reed Stark also compared the exchange to the bankrupt FTX trading platform

The company noted it has a diversified group of partner financial institutions around the world

The representative of the Commission stated this during the consideration of the deal to sell the crypto broker Voyager to the US arm of the exchange

The exchange’s CEO Changpeng Zhao, commenting on Gary Gensler’s refusal, noted that “he was generous in sharing license strategies”

According to the broker’s report, this came after the bankruptcies of “several other major cryptocurrency trading venues and lending platforms”

Gene Hoffman also emphasized that the platform’s token XCH is not a security

According to Jeremy Allaire, banking regulators are more suited for this role

Gary Gensler also believes that having a large number of different tokens on the market will not benefit the economy

This would happen if the regulator would not recognize XRP sales as securities transactions