#exchange

Dan Gallagher, the Chief Legal Officer at Robinhood, is being considered as a potential candidate to lead the U.S. Securities and Exchange Commission (SEC) if Donald Trump secures the presidency, Politico reports, referencing opinions from former SEC officials.

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have officially backed a group of investors in a class action lawsuit against Nvidia.

The U.S. Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple by appealing a court decision that significantly reduced the fine from $2 billion to $125 million.

The fallout from FTX’s bankruptcy continues to escalate. Newly revealed details about the size of expected compensation have sparked outrage among creditors. It has come to light that a portion of the funds recovered from the liquidation of the exchange's assets is set to go to preferred shareholders.

The U.S. Securities and Exchange Commission (SEC) settled charges against California-based companies TrustToken and TrueCoin, which operate under the Archblock brand, for selling unregistered securities and providing misleading information regarding the reserves backing their stablecoin, TrueUSD (TUSD).

WhiteBIT, Europe’s leading crypto exchange and the official sponsor of the Ukrainian national football team, started a pre-sale of tickets for the upcoming Ukraine vs Georgia home match in the UEFA Nations League, accepting payments in cryptocurrency. The game will be held on October 11 at the City Stadium in Poznań, Poland.

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, announced it will delist all stablecoins that do not meet the MiCA regulations set by European authorities. Among those at risk is USDT, the leading stablecoin issued by Tether Holdings Ltd.

A recent report from Kaiko reveals that Crypto․com has become the market leader in the U.S. for platforms supporting USD transactions. With over 50% of market share in weekly trading volume, the platform has outpaced Coinbase nearly three times over.

FTX Estate is set to auction 22.3 million Worldcoin (WLD) tokens at a significant discount, currently valued at $35 million. This sale is part of the ongoing efforts to recover funds for creditors of the bankrupt crypto exchange founded by Sam Bankman-Fried.

Bitwise, a crypto asset management company, is taking steps to launch an XRP ETF (Exchange-Traded Fund). The company registered a trust entity in the state of Delaware, US, on October 1.

Caroline Ellison, the former CEO of Alameda Research and a key witness in the trial of FTX founder Sam Bankman-Fried, has been sentenced to two years in prison, followed by three years of supervised release. During this period, she must cooperate with the U.S. Securities and Exchange Commission (SEC). The court also ordered her to pay an $11 billion fine and forfeit her assets.

A federal judge in Texas dismissed ConsenSys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. The company sought to legally establish that Ethereum is not a security and to prevent the SEC from interfering with the operation of the MetaMask crypto wallet.

The decentralized exchange dYdX is set to list perpetual futures on prediction markets. This new offering will allow users to place leveraged bets on event outcomes. This move is expected to attract investors who currently rely on centralized platforms.