President Trump on Tuesday signed an executive order targeting Jenner & Block, expanding his campaign of retribution against law firms he perceives as enemies. Trump cited the firm’s ties to Andrew Weissmann, who previously served as a top member of former special counsel Robert Mueller’s investigation into Russian interference in the 2016 election. “He’s a bad guy,” Trump said after…
The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seems to finally be near an end, with Ripple emerging victorious. The SEC will return the lion’s share of the $125 million-court ordered fine paid by Ripple last year, according to a Tuesday X post from Ripple’s chief legal officer Stuart Alderoty, keeping just $50…
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Web3 gaming platform Immutable and will not file enforcement charges, according to a Tuesday announcement from the company. Immutable, an Australian company, disclosed that it had received a Wells notice — essentially an official heads-up from the SEC that it intends to file an enforcement action against the…
The Securities and Exchange Commission’s Crypto Task Force announced today it will hold four more roundtables in its ongoing series discussing crypto asset regulation. The dates and topics for each roundtable are as follows: April 11, 2025 – Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading April 25, 2025 – Know Your Custodian: Key Considerations for Crypto Custody…
The Senate Banking Committee has scheduled Paul Atkins’ confirmation hearing for tomorrow at 10:00 am Eastern. While Atkins is widely expected to be confirmed, it looks like he should nevertheless be prepared to heed Bette Davis’s famous warning to “Fasten your seatbelts. It’s going to be a bumpy night.” That’s because earlier this week, Sen. Elizabeth Warren (D. Mass) lobbed in…
Paul Atkins is President Trump’s nominee to be the Chair of the Securities and Exchange Commission (SEC). However, Atkins has a remarkably long and disreputable record of being vigorously if not adamantly opposed to the very reasons the SEC was created and its mission and mandate since then. The stakes are very high if the SEC does not do its…