SEC sues Nova Labs, alleging deceptive claims about Helium Network partnerships. HNT token rises 10% despite lawsuit. Gensler’s final act before stepping down as SEC chair. 🚨📉 #Helium#SEC#Crypto
The SEC dropped its case against Consensys, ending claims that MetaMask violates securities laws. This marks the sixth crypto-related case dropped in a week. Speculation grows on whether #SEC#Crypto#Ripple
🔒 **SEC X hacker sentenced to 14 months**—Eric Council Jr. must also forfeit $50K & face 3 years supervised release. Pleaded guilty to SIM-swapping the SEC’s account in Jan 2024 #SEC#Crypto#Hack
The SEC is stepping back from a proposal to expand control over crypto exchanges, with Acting Chair Mark Uyeda pushing to withdraw the rule. This marks a shift in the #SEC#Crypto#Regulation#MarkUyeda
SEC cancels SAB 121, allowing US banks to custody Bitcoin without balance sheet liabilities. New guidance under SAB 122 simplifies compliance, boosting crypto services. 🚀📈 #Crypto#Bitcoin#SEC