SEC

The post SEC Charges NovaTech in $650 Million Crypto Fraud Affecting Over 200K Investors Globally appeared first on Coinpedia Fintech News The Securities and Exchange Commission (SEC) has announced significant charges against NovaTech Ltd. and its principals, Cynthia and Eddy Petion, for executing a massive $650 million cryptocurrency fraud scheme that impacted over 200,000 investors globally. Many of the affected are from the Haitian-American community. Additional charges were levied against key promoters who accelerated the scam’s reach, making this one…

The post Was XRP Vs SEC Staged From The Beginning To Make XRP The First Regulated Cryptocurrency? appeared first on Coinpedia Fintech News Ben Armstrong  aka Bitboy Crypto shared his thoughts on Ripple’s recent legal victory over the SEC, a case that had dragged on for years. The SEC walked away with a $125 million settlement, but Ripple and its cryptocurrency, XRP, emerged with the lion’s share of the victory. In an interview with Thinking Crypto, Bitboy Crypto didn’t hold…

The post ChatGpt Predicts XRP Price As Ripple vs SEC Lawsuit Sees Closure  appeared first on Coinpedia Fintech News With a phenomenal price jump of almost 20%, Ripple’s legal victory pumps the XRP price high to the $0.60 mark. As the sentiments are intact, the bulls maintain trend control, and the daily chart indicators give a BUY signal.  However, despite the lawsuit closure, the XRP still remains under the $1 psychological barrier amidst broader market uncertainty. So, to overlook the…

The post ‘Gary Gensler has politicized the agency’: Will Kamala Harris Fire The SEC Chair if Elected? appeared first on Coinpedia Fintech News In a recent discussion, Sheila Warren, CEO of the Crypto Council for Innovation, addressed the potential implications if Vice President Kamala Harris were to win the presidential election in November. In an interview with The Paul Barron Network, when asked about the future of Senator Elizabeth Warren’s position on the Senate Banking Committee and the fate of…

The post SEC Accepted Its Defeat, Won’t Challenge Ripple XRP Case Ruling, But!!! appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has announced it will not appeal the recent court ruling in the Ripple XRP case. The decision, which followed Judge Torres’ order on August 7, 2023, marks a significant moment in the ongoing legal struggle between the SEC and Ripple.  The court’s ruling, which imposed a $125 million penalty on Ripple, was far less…

The post Ripple CLO: Here’s When Ripple Will Pay $125 Million Fine To SEC appeared first on Coinpedia Fintech News Ripple’s long legal fight with the U.S. Securities and Exchange Commission (SEC) is over, with the court ordering Ripple to pay a $125 million fine. This is a big win for Ripple and an important moment for cryptocurrency. Meanwhile, Ripple’s Chief Legal Officer, Stuart Alderoty, said in a recent interview that the company will pay the fine within…. Ripple Will…

The post Major Twist in XRP Lawsuit: Ripple Wins, But SEC Hints at Bigger Plans—Is an Appeal Looming? appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has chimed into the final judgment in the Ripple case, emphasizing that the court recognized the “egregiousness” of Ripple’s conduct, the agency told Fox Business reporter Eleanor Terrett. District Judge Analisa Torres ruled that Ripple had committed serious securities law violations and ordered the company to pay a $125…

The long-running legal battle between the US Securities and Exchange Commission (SEC) and Ripple finally concluded following Judge Analisa Torres’ judgment on August 7. With the lawsuit out of the way, crypto analyst CrediBULL Crypto predicts that the XRP price could soon surpass its all-time high (ATH).  XRP Price Is Set For A “Mega Run” To New ATH CrediBULL Crypto mentioned in an X (formerly Twitter) post that the stage is set for an “inevitable mega run for XRP. The…

The recent settlement of the lawsuit against XRP has triggered substantial gains, attracting market attention. Meanwhile, Solana faces challenges amid this shift. The dynamic landscape of altcoins evolves rapidly, raising questions about which cryptocurrencies are poised for growth. This article dives into the latest trends and potential opportunities in the altcoin market. Solana (SOL)  Solana (SOL) is navigating some turbulent waters with its current price between $115 and $177.76. Bears are showing strength as the coin dipped by over 9%…