Notícias

Donald Trump‘s presidential campaign was backed in part by millions of dollars from cryptocurrency firms and wealthy investors in the industry. In return, he has sought to make the U.S. the “crypto capital of the world,” signing an executive order on “strengthening American leadership in digital financial technology” and announcing a U.S. strategic bitcoin reserve and digital asset stockpile.

Trump has promoted the industry as he and his family become deeply invested in crypto themselves. Trump and his wife, Melania, have each launched their own crypto meme coins.

As he courted cryptocurrency investors last year, Donald Trump promised to fire Gary Gensler, the Securities and Exchange Commission (SEC) chair who had scrutinized the industry, and install a new crypto-friendly regulator in his place.

Trump, who launched his own crypto meme coin days before he took office, didn’t just select an industry ally to lead the SEC — he chose one of its biggest boosters in Washington, Paul Atkins. According to his new financial disclosure, Atkins co-chaired a crypto advocacy group, consulted for crypto interests, and has significant crypto holdings.

President-elect Donald Trump’s new cryptocurrency token has made him a billionaire many times over, but concerns remain over the ethics of the scheme in light of his presidency.

According to Axios, Trump’s crypto holdings reached $58 billion in worth on paper that when put together with his other assets could put him among the richest people in the world.

Trump announced the launch of the token, which he is calling “$Trump,” on Friday by inviting his followers to “Join my very special Trump Community.” The cryptocurrency’s slogan reads: “Join the Trump Community.

On Thursday evening, President-elect Donald Trump once again took to Truth Social to announce a hire for his incoming administration: David O. Sacks, he wrote, would fill the newly created role of “White House A.I. & Crypto Czar,” and work to make the U.S. “the clear global leader in both areas.” Trump also promised that Sacks’ guidance would “safeguard Free Speech online, and steer us away from Big Tech bias and censorship,” suggesting that he might have a say on internet policy more broadly.

In a response, Sacks wrote...

Just before the three-day Bitcoin 2024 conference got underway in Nashville this week, Tyler Winklevoss, the bitcoin billionaire who founded the cryptocurrency exchange Gemini with his twin brother Cameron, had harsh words for presumptive Democratic presidential nominee Kamala Harris. He was incensed that after years of tension between the Biden administration and the crypto industry — many in the space have complained of a regulatory crackdown — the vice president had declined an invitation to the annual bitcoin extravaganza.

“She can’t even take the first step and show up to start mending fences,...

San Francisco, July 18 (Ians) As ChatGPT-driven financial posts begin to thrive on social media and investment gurus take AI help to disseminate information, the US Securities and Exchange Commission (SEC) has expressed concern about generative AI’s impact on financial markets globally.

According to SEC Chair Gary Gensler, generative AI hikes the possibility of institutions relying on the same subset of information to make decisions.

“The possibility of one or even a small number of AI platforms dominating raises issues with regard to financial stability. The recent advances in generative AI models make these challenges more likely,” he said.

According to him, AI may heighten financial fragility as it could promote herding with individual actors making similar decisions because they are getting the same signal from a base model or data aggregator.

“This could encourage monocultures. It also could exacerbate the inherent network interconnectedness of the global financial system,” the...

New Delhi, June 11 (Ians) New Delhi, June 9 (Ians) Cryptocurrency-related enforcement actions taken by the United States securities regulator significantly increased in the six months since the bankruptcy of cryptocurrency exchange Ftx, the crypto industry news provider Cointelegraph has reported.

An analysis of press releases from the U.S. Securities and Exchange Commission (SEC), and news reports on its actions, found that in the six months preceding Ftx’s collapse, the SEC undertook approximately six enforcement actions.

In the six months after Ftx’s bankruptcy on November 11, 2022, SEC crypto-related enforcement actions jumped to at least 17, an estimated increase of 183 per cent from the preceding period, Coin Telegraph reported.

The increased actions, including the recent ones taken against the two exchanges, led to some observers suggesting the SEC is attempting to redeem itself for failing to police Ftx, Coin Telegraph reported.

MarketWatch reported that U.S. Representative French Hill said the recent...

Since the lawsuit filed against him personally and his company Binance and related entities, by the US regulator Securities and Exchange Commission (SEC) last Monday, Zhao has fought back through a string of posts on social media along with a response to the charges.

Zhao has targeted Gary Gensler, the SEC chair, and his agency.

"Wonder if he ever reads the comments under his post, from the consumers he is supposed (sic) to protect," Zhao wrote, retweeting a post from Gensler detailing the charges.

In another tweet, he called for a poll on "Who protects you more? SEC or Binance?" The result was a whopping 85 per cent for Binance.

Zhao has also retweeted posts that describe the SEC lawsuit against Binance as an attack on the entire crypto industry in the United States and an attempt to finish it. He retweeted another post that called for the entire industry to...

Washington, June 7 (Ians) A Day after suing crypto exchange Binance, the US Securities and Exchange Commission (SEC) on Wednesday charged Coinbase with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency.

The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service programme.

According to the SEC’s complaint, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities.

“We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler.

According to the complaint, Coinbase’s alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC.

The SEC alleged that Coinbase intertwines the traditional services of an exchange, broker,...

The Securities and Exchange Commission’s crypto crackdown continued Tuesday, with the financial regulator bringing new charges against another major cryptocurrency exchange, Coinbase.

The new complaint alleges that, since at least 2019, Coinbase has served as a securities exchange, broker, and clearing agency but never registered as such with the SEC. In doing so, the SEC said in a statement that Coinbase has “deprived investors of significant protections,” including SEC inspection, record keeping requirements, and other safeguards.

One of those safeguards has to do with the SEC’s allegation that Coinbase...

The Securities and Exchange Commission ramped up the pressure on Binance, bringing 13 charges against the world’s largest cryptocurrency exchange and its founder/CEO Changpeng “Cz” Zhao.

Accusing Binance of misleading customers and misusing funds, the SEC said the company was able to control customer assets and move them around as it pleased. Binance allegedly diverted some of those funds to a separate entity Zhao owned, Sigma Chain, which the SEC said was “engaged in manipulative trading” to artificially boost the trading volume on Binance.US — a platform established in 2019 for U.

Actor has settled with no admission of guilt or denial.

Lindsay Lohan is one of eight celebrities to have been charged by the US Securities and Exchange Commission (SEC) with illegally promoting crypto assets.

Along with social media personality and boxer Jake Paul, rapper Lil Yachty and other entertainment industry figures, Lohan was charged with “illegally touting” asset securities without revealing that they were being paid to do so and not disclosing how much they were paid.

Lohan, Paul, Miles Parks McCollum (Lil Yachty) and three of the other charged celebrities – Michele Mason (Kendra Lust), Shaffer Smith (Ne-Yo), and Aliaune Thiam...

Lindsay Lohan, Jake Paul, musicians Lil Yachty, Ne-Yo, Soulja Boy, Akon and Austin Mahone and adult film star Kendra Lust were charged Wednesday for illegally promoting the securities of crypto companies being investigated by the SEC.

The commission today charged crypto asset entrepreneur Justin Sun and three of his wholly owned companies for the unregistered offer and sale of crypto asset securities Tronix (Trx) and BitTorrent (Btt). Charges also included fraudulently manipulating the secondary market for Trx through “wash trading” and for orchestrating a scheme to pay celebrities to tout Trx and Btt without disclosing their compensation.

Lohan, Paul, DeAndre Cortez Way (Soulja Boy), Austin Mahone, Michele Mason (Kendra Lust), Miles Parks McCollum (Lil Yachty), Shaffer Smith (Ne-Yo) and Aliaune Thiam (Akon) were charged for “illegally touting Trx and/or Btt without disclosing that they were compensated for doing so and the amount of their compensation,” the SEC said.

The...

Lindsay Lohan, Jake Paul, Ne-Yo and rapper Lil Yachty are among the eight notable names who have been hit with Securities and Exchange Commission charges for violating securities laws in touting crypto currencies.

The SEC on Wednesday disclosed that charges were filed against eight celebrities in connection with the broader investigation of crypto entrepreneur Justin Sun and three of his companies: Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc., which marketed crypto asset securities under the brand names Tronix (Trx) and BitTorrent (Btt).

The eight boldface names were charged with “illegally touting Trx and/or Btt without disclosing that they were compensated for doing so and the amount of their compensation,” according to the SEC.

The list also includes rapper Soulja Boy, singers Austin Mahone and Akon and adult film star Kendra Lust. All but Mahone and Soulja Boy (aka DeAndre Cortez Way) have reached settlements with the SEC...

Washington, Feb 17 (Ians) The US Securities and Exchange Commission (SEC) has charged Singapore-based collapsed crypto blockchain platform Terraform Labs and its founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud.

According to the SEC’s complaint, from April 2018 until the scheme’s collapse in May 2022, Terraform and Kwon raised billions of dollars from investors by offering and selling an inter-connected suite of crypto asset securities, many in unregistered transactions.

According to the SEC’s complaint, Terraform Labs and its co-founder Do Kwon “perpetuated a fraudulent scheme that led to the loss of at least 40 billion of market value.”

“We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities, most notably for Luna and Terra Usd,” said SEC Chair Gary Gensler.

“We also allege that they committed fraud by repeating...

Washington, Feb 17 (Ians) The US Securities and Exchange Commission (SEC) has charged Singapore-based collapsed crypto blockchain platform Terraform Labs and its founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud.

According to the SEC’s complaint, from April 2018 until the scheme’s collapse in May 2022, Terraform and Kwon raised billions of dollars from investors by offering and selling an inter-connected suite of crypto asset securities, many in unregistered transactions.

According to the SEC’s complaint, Terraform Labs and its co-founder Do Kwon “perpetuated a fraudulent scheme that led to the loss of at least 40 billion of market value.”

“We allege that Terraform and Do Kwon failed to provide the public with full, fair, and truthful disclosure as required for a host of crypto asset securities, most notably for Luna and Terra Usd,” said SEC Chair Gary Gensler.

“We also allege that they committed fraud by repeating...

New York, Dec 20 (Ians) Sam Bankman-Fried (Sbf), former CEO and C0-founder of bankrupt crypto exchange Ftx, have reportedly agreed to be extradited to the US.

Sbf was arrested from his penthouse in the Bahamas last week and has been officially charged by the US authorities with defrauding equity investors.

According to the New York Times, a local lawyer in the Bahamas for Bankman-Fried said that against “the strongest possible legal advice,” Sbf is ready to voluntarily agree to extradition to the US.

In the US, he is set to face a long list of criminal and civil charges covering fraud, money laundering, and more.

If convicted, he faces 115 years in jail.

According to the US Securities and Exchange Commission (SEC) complaint, since 2019, Ftx raised more than 1.8 billion from equity investors, including approximately 1.1 billion from approximately 90 US-based investors.

Bankman-Fried promoted Ftx as a safe, responsible crypto asset trading platform, specifically mentioning the platform’s sophisticated,...

New York, Dec 17 (Ians) The Democratic National Committee (DNC) and two top party campaign groups in the US have announced to return more than 1 million to crypto exchange Ftx customers they received from its former CEO Sam Bankman-Fried (Sbf) who has now been arrested.

Given the allegations around potential campaign finance violations by Bankman-Fried, “we are setting aside funds in order to return the 815,000 in contributions since 2020”, a DNC spokesperson told The Verge.

“We will return as soon as we receive proper direction in the legal proceedings,” the spokesperson added.

The Democratic Senatorial Campaign Committee and the Democratic Congressional Campaign Committee have also pledged to set aside the 103,000 and 250,000 each received from Bankman-Fried, respectively.

Sbf had donated more than 40 million to political groups over the last three years.

The announcements come after the collapse of crypto exchange Ftx and its sister hedge fund Alameda Research.

Following his arrest in the Bahamas,...

New Delhi, Dec 15 (Ians) Amid the Ftx collapse saga, customers withdrew 1.14 billion in just 12 hours from leading crypto exchange Binance and according to its CEO, the massive withdrawals were “handled with ease” and “things seem to have stabilised” now.

Customers pulled billions of dollars of funds from the exchange, amid fears about the state of the cryptocurrency industry following the collapse of Ftx and arrest of its former CEO, Sam Bankman-Fried (Sbf), from the Bahamas by the US authorities.

Changpeng Zhao tweeted that this was “not the highest withdrawals we processed, not even top 5”.

The CEO said deposits are returning to Binance.

“Things seem to have stabilized. Yesterday was not the highest withdrawal we processed, not even top 5. We processed more during Luna or Ftx crashes. Now deposits are coming back in,” he tweeted on Wednesday.

“We saw some withdrawals today (net 1.14b ish). We have seen this before. Some...

Updated, 8:25 Am: The Securities and Exchange Commission today said Ftx founder and ex-ceo Sam Bankman-Fried “built a house of cards” in charging him with fraud for cheating about 90 U.S. investors out of more than 1.1 billion in his cryptocurrency platform.

The erstwhile crypto king, , whose wild story is a hot commodity in Hollywood, was arrested Monday in the Bahamas. Read details of the case below.

Related Story Kevin Hart, Gwyneth Paltrow, Madonna, Jimmy Fallon & Others Cuffed With "Insidious" Nft Endorsements Suit; Manager Guy Oseary & Universal TV Named As Defendants Too Related Story Russo Brothers & David Weil Set Ftx Crypto Scandal Series At Amazon Related Story Apple Nearing Deal For Michael Lewis' Book Rights On Wild Story Of Fallen Crypto King Sam Bankman-Fried & Ftx: The Dish

“We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto,...

San Francisco, Dec 13 (Ians) Following his arrest in the Bahamas, US authorities on Tuesday officially charged former Ftx CEO Sam Bankman-Fried with defrauding equity investors.

According to the US Securities and Exchange Commission (SEC) complaint, since 2019, Ftx raised more than 1.8 billion from equity investors, including approximately 1.1 billion from approximately 90 US-based investors.

The SEC report said that Bankman-Fried promoted Ftx as a safe, responsible crypto asset trading platform, specifically mentioning the platform’s sophisticated, automated risk measures to the investors.

However, the complaint claims Bankman-Fried allegedly orchestrated a years-long fraud to conceal from Ftx’s investors.

“We allege that Sam Bankman-Fried built a house of cards on a foundation of deception while telling investors that it was one of the safest buildings in crypto,” SEC Chair Gary Gensler said in a statement.

Moreover, the SEC complaint seeks an injunction prohibiting Bankman-Fried from participating in issuing, buying, offering or selling any securities,...

With the U.S. Securities and Exchange Commission announcing that Kim Kardashian will pay 1.26 million for illegally promoting a junk crypto investment, there’s an obvious question in the air: which blockchain-loving celebrity will be next?

Today we announced charges against Kim Kardashian for promoting a crypto security offered by EthereumMax without disclosing the payment she received for the promotion.

Kardashian agreed to settle the charges, pay 1.26 million, and cooperate with the investigation.

— U.S. Securities and Exchange Commission (@SECGov) October 3, 2022

Kardashian’s charges stem from a post shared on...

The Securities and Exchange Commission has charged Kim Kardashian for promoting a cryptocurrency asset without disclosing the 250,000 she was paid for the post.

Critics have called the asset, EthereumMax, a “pump and dump” scheme. The term refers to scammers boosting a stock by spreading misleading information and then selling their shares at an inflated price.

In Kardashian’s June 13, 2021 promotional Instagram post, the reality star wrote, “Are you guys into crypto? This is not financial advice but sharing what my friend told me about the ethereum max token!” She also included a link where her millions of followers could learn how to purchase Emax tokens.

According to the SEC, The Kardashians star has “agreed to settle the charges, pay 1.26 million in penalties, disgorgement, and interest, and cooperate” with the investigation. In addition, she will not advertise any crypto asset securities for the next three years.

The government agency noted that...

Washington, Oct 3 (Ians) Reality TV star Kim Kardashian paid 1.26 million fine after she was charged with unlawfully promoting an illegal crypto investment scheme on Instagram, the US Securities and Exchange Commission (SEC) said on Monday.

Kardashian has also agreed to not promote any crypto asset securities for three years.

She promoted on social media a crypto asset offered and sold by EthereumMax without disclosing the payment she received for the promotion.

The SEC said that she agreed to settle the charges, pay 1.26 million in penalties, disgorgement, and interest, and cooperate with the Commission’s ongoing investigation.

“This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,” said SEC Chair Gary Gensler.

“We encourage investors to consider an investment’s potential risks and opportunities in light of their own financial goals,...

Kim Kardashian has been charged for being unlawful.

On Monday, the Securities and Exchange Commission (SEC) revealed charges against the businesswoman for a social media endorsement of “a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.”

Kardashian reportedly agreed to settle the charges — “pay 1.26 million in penalties, disgorgement and interest, while also cooperating with the SEC’s ongoing investigation,” according to The Hollywood Reporter.

The government agency’s order found that “Kardashian failed to disclose that she was paid 250,000 to publish a post on her Instagram account about Emax tokens, the crypto asset security being offered by EthereumMax.” Her sponsored post included a link to the EthereumMax website to further provide instructions on how to purchase Emax tokens for potential investors.

Read More: Kanye West Hires Melinda Gates’ Divorce Lawyer For Kim Kardashian Proceedings

In a statement by the SEC, the...

Kim Kardashian will pay 1.26 million and has agreed not to promote any crypto securities for three years to settle charges with the SEC that she didn’t disclose payments for touting assets that were offered and sold by EthereumMX.

Kardashian “agreed to settle the charges, pay 1.26 million in penalties, disgorgement, and interest, and cooperate with the Commission’s ongoing investigation,” the SEC said.

The SEC found that Kardashian failed to disclose that she was paid 250,000 to publish a post on her Instagram account about Emax tokens, the crypto asset security being offered by EthereumMax. Kardashian’s post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase Emax tokens.

“This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,” said SEC Chair Gary Gensler. “We...

Kim Kardashian has agreed to settle charges brought against her by the Securities and Exchange Commission for unlawfully promoting a crypto security product on Instagram without disclosing that she had been paid 250,000 for the post. Now, the reality star will have to pay 1.26 million in penalties, disgorgement, and interest, in addition to cooperating with an ongoing investigation being conducted by the SEC.

“This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,...

Kim Kardashian has been charged after failing to disclose a payment she received for touting a crypto asset on her Instagram account.

The SEC went public Monday morning with the decision.

"This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,” Gary Gensler, chairman of the SEC, said in a news release.

“Ms. Kardashian’s case also serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities,” Gensler added.

According to the SEC, the order “finds that Kardashian failed to disclose that she was paid 250,000 to publish a post on her Instagram account about Emax tokens, the crypto asset security being offered by EthereumMax. Kardashian’s post contained a link to the EthereumMax website,...

Click here to read the full article.

The Securities and Exchange Commission (SEC) on Monday unveiled charges against Kim Kardashian for touting, on social media, “a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.” It said Kardashian agreed to settle the charges, pay 1.26 million in penalties, disgorgement and interest, while also cooperating with the SEC’s ongoing investigation.

The SEC’s order found that “Kardashian failed to disclose that she was paid 250,000 to publish a post on her Instagram account about Emax tokens, the crypto asset security being offered by EthereumMax,” the commission said. Kardashian’s post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase Emax tokens.

The SEC said in a statement that its order found that “Kardashian violated the anti-touting provision of the federal securities laws. Without admitting or denying the SEC’s findings,...

Kim Kardashian is in hot water with the U.S. government.

The Kardashians star was charged Monday by the the Securities and Exchange Commission for “unlawfully” touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. Kardashian agreed to settle the charges, pay 1.26 million in penalties and cooperate with the SEC’s ongoing investigation.

More from TVLineTVLine Items: Kardashians Trailer, Victor Joins Never Have I Ever and MoreThe Kardashians: Hulu Keeps Up With Kim, Kourtney and More (Yes, Even Pete) in Docuseries Trailer -- WatchThe Kardashians' Hulu Show Gets a Title -- Plus,...

A new documentary is in the works exploring the mysterious founder of Bitcoin and the larger state of cryptocurrency.

Director Matthew Miele will helm the project, titled “Finding Satoshi.” The film will investigate the origins of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, whose identity and invention remains secret.

Tucker Tooley, the veteran filmmaker behind movies like “The United States vs. Billie Holiday” and “Den of Thieves,” will produce. Bestselling author William Cohan will interview notable experts on the topic, as well as executive produce with Greg Renker. The film aims to be the most comprehensive work examining cryptocurrency to date.

“With Matthew at the helm and Bill’s investigative complexity and nuance added to the mix, we are thrilled to start the hunt for answers about Satoshi Nakamoto and examine the rise of perhaps the greatest challenge to our financial world order as we know it,” said Tooley.

Cohan...

AMC Entertainment has 4.1 million individual shareholders, the company disclosed Wednesday, as it heads towards an annual meeting in late July where all of them will be eligible to show up and vote on whatever’s on the agenda after spending months pumping up the stock on investing chat rooms.

“The number of investors who want to own a part of AMC continues to increase,” CEO Adam Aron said in a statement. He said more than 80% of AMC shares are held by a broad base of retail investors — highly unusual for big public companies — with an average holding of around 120 shares.

“Some hold more and some hold less, however, each and every shareholder is important to AMC. Each shareholder has a critical role to play in AMC’s future by having their voice heard by voting at our upcoming Shareholder Meeting. By voting in favor of the proposals, together we can help position AMC,...

Vlad Tenev, founder of retail stock trading app Robinhood, told a House Committee on Thursday that “the financial system should be open to everyone,” including frenzied buyers of GameStop and AMC Entertainment whipped up by a Reddit chatroom.

He apologized profusely that a funding rule had forced the app to subsequently block share purchases – a temporary restriction that was a focus of the five-hour hearing today. The stocks fell and some Robinhood users lost their shirts.

Tenev was testifying before the House Financial Services Committee alongside the CEO of a hedge fund that made a killing on GameStop and another that lost big in a short squeeze. Individual investor Keith Gill, known as Roaring Kitty from his YouTube videos and Reddit posts, bought GameStop and touted it on Reddit’s colorful WallStreetBets chatroom. He agreed with lawmakers that the stock “had gotten...