May 16, 2024
Crypto

Brad Garlinghouse Sees SEC Losing Against Crypto in the Long Run, Calls Enforcement Actions ‘Speed Bumps’

The chief executive of Ripple Labs says that he sees the U.S. Securities and Exchange Commission (SEC) losing its battle against crypto in the long term. In a new interview on the World Class podcast, Ripple CEO Brad Garlinghouse says that in the grand scheme of things, the SEC’s anti-crypto stances and enforcement actions don’t

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Crypto

Kraken Asks Court To Dismiss SEC Claims Alleging the Crypto Exchange Operated As Unregistered Securities Broker

The crypto exchange Kraken is pushing back against claims made by the U.S. Securities and Exchange Commission (SEC). In November, the SEC charged Kraken with operating its crypto trading platform as an unregistered securities exchange, broker, dealer and clearing agency. Earlier this year, Kraken filed in US District Court to dismiss those charges, and the company

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Crypto

Ripple’s Planned Stablecoin Is an ‘Unregistered Crypto Asset,’ According to SEC

The U.S. Securities and Exchange Commission (SEC) says that Ripple Lab’s planned new stablecoin qualifies as an “unregistered crypto asset.” In a new court filing, the regulatory agency says that not only has Ripple been selling XRP – the digital asset used to operate the XRP Ledger – as an unregistered security since 2013, but

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Finance

Trinseo Announces Release Date and Conference Call for its First Quarter 2024 Financial Results

WAYNE, Pa., April 11, 2024–(BUSINESS WIRE)–Trinseo (NYSE: TSE), a specialty material solutions provider, today announced that it will host a conference call to discuss its first quarter 2024 financial results on Thursday, May 9 at 10 a.m. Eastern Time. Commenting on results will be Frank Bozich, President and Chief Executive Officer, David Stasse, Executive Vice

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Finance

Brighthouse Financial Appoints Michael J. Inserra and Lizabeth H. Zlatkus to Board of Directors

CHARLOTTE, N.C., April 09, 2024–(BUSINESS WIRE)–Brighthouse Financial, Inc. (“Brighthouse Financial” or the “Company”) (Nasdaq: BHF) announced that today its Board of Directors (the “Board”) appointed Michael J. (“Mike”) Inserra and Lizabeth H. Zlatkus as independent members of the Board. Mr. Inserra and Ms. Zlatkus were also each designated by the Board as an “audit committee

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Crypto

Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges

US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press release, the U.S. Securities and Exchange Commission (SEC) says it is charging 17 individuals with operating a crypto scheme that targeted 40,000 investors across three countries. According to the regulatory agency, Texas-based firm CryptoFX allegedly

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