Daily Archives: February 1, 2023, 9:44 am

US Regulators Set Crypto Enforcement Records in 2022 | Solidus Labs

2022 was a rocky year for cryptocurrency. Prices crashed, Terra collapsed, FTX went bankrupt, and – Solidus research now shows – regulators engaged in more crypto-related enforcement than in any other year in the industry’s history. In 2022, the four main federal regulators with authority over cryptocurrency – the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC),…

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SEC Cares About Climate Reporting, Not Behavior, Official Says

The SEC is uninterested in changing how companies address climate change, except when it comes to their disclosures, a senior agency official said Tuesday. The Securities and Exchange Commission is agnostic to companies’ environmental behavior as it finalizes rules that would require companies to report on their greenhouse gas emissions and make other climate disclosures, said Erik Gerding, the incoming…

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SEC Mango Markets Crypto Suit Zeroes in on Governance Tokens

The SEC has set sights on its next crypto enforcement target—”governance token.” The agency’s Jan. 20 lawsuit accuses a trader of violating federal securities laws by manipulating the price of Mango Markets’ governance token, MNGO. Such tokens, which have become increasingly popular, give the holder the right to vote on changes to a blockchain organization that issued the token. The…

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Perella London Banker Suspected in Insider Probe Dies by Suicide – Bloomberg

A London-based Perella Weinberg Partners banker died by suicide in the days after the firm’s UK headquarters were searched as part of a German investigation into insider trading, people familiar with the matter said. The deceased banker was one of the suspects in the probe, the people said, asking not to be identified discussing sensitive information. Source: Perella London Banker…

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