According to the SEC’s enforcement team, Chairman Gary Gensler broke policy by utilizing media attention to boost his reputation for the Treasury Secretary post. For those unaware, the billionaire celebrity was fined by the SEC earlier this week. The American Government Branch responsible for securities and exchange accused Kardashian of failing to disclose a payment […]
Tag: crypto laws
October 7, 2022
October 6, 2022
FBI Releases New Warning About Crypto Scammers
Forget about Ponzi and pyramid schemes–they’re a thing of the past. The Federal Bureau of Investigation (FBI) has issued a warning of a new crypto investment scheme where scammers pose as uber-successful traders to lure victims. The FBI has dubbed this “Pig Butchering.” Given the state of the 21st century, it’s only natural for scammers […]
October 5, 2022
Crypto Token Debate: Security or Commodity? SEC Chair Weighs In
Most crypto traders are currently preoccupied with recent cryptocurrency declines in what has become known as the “crypto winter.” Others–such as those with the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC)–have their sights set on something more legalistic. The Commodity or Security Debate The debate over which federal agency […]