SEC Updates
Binance, Kraken Thwarted Social Engineering Attacks Similar to Coinbase Hack
Attackers reportedly tried bribing support agents, but Binance and Kraken’s internal systems blocked the attempts.
Alabama Man Sentenced for Hacking SEC’s Social Media to Post Fake Bitcoin ETF News
The hack in January 2024 briefly sent bitcoin’s price surging $1,000 before crashing back down minutes later.
Ripple-SEC Bid for XRP Settlement Rejected by Judge Citing 'Procedural Flaws'
Judge Analisa Torres rejected the proposed $50 million settlement, saying the joint request was filed improperly and lacked required legal justification.
Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN
Coinbase shares dropped 7% after disclosing a cyberattack and a resurfaced SEC probe on old user metrics.
SEC Is Probing Coinbase Over User Number Misstatement Concern
The investigation began under former SEC Chair Gary Gensler and has continued under the current administration, according to the NYT, which first reported the story.
SEC, Ripple Ink $50M Settlement Agreement, Ask NY Judge for Green Light
District Judge Analisa Torres ordered Ripple to pay the SEC a $125 million fine last year. Under the new settlement agreement, Ripple will get the majority of that money back.
Coinbase's SEC Documents Reveal NY Attorney General Wanted ETH Declared Security
On the U.S. exchange's online site for the documents obtained by Freedom of Information Act requests, it's illuminating some internal SEC discussions.
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