SEC
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SEC Delays Decision on Grayscale’s Cardano and Avalanche Spot ETFs
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on two proposed crypto exchange-traded funds (ETFs) from Grayscale, one for Cardano (ADA) and the other for Avalanche (AVAX). The delay pushes the review deadline from May 29 to July 13, 2025, continuing a trend of cautious evaluation by the regulator. Grayscale…
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Token Metrics CEO Claims SEC Is Dropping Its Case Against Him
Token Metrics CEO Ian Balina says the SEC is set to drop its case against him, bringing an end to a legal battle that has lasted over three years. Originally, the SEC accused Balina for allegedly failing to disclose compensation while promoting the Sparkster (SPRK) initial coin offering (ICO) back in 2018. “It’s official: The…
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SEC’s Crypto Crackdown: Major Fraud Unit Launched After $250M Scam!
The U.S. Securities and Exchange Commission (SEC) has announced the creation of the Cyber and Emerging Technologies Unit (CETU) to tackle fraud and cybercrime in the cryptocurrency and blockchain sectors. This new unit was launched on February 20, 2025, to replace the former Crypto Assets and Cyber Unit of the SEC and aims to improve…