Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action.
Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.
‘Kraken Down’ — SEC commissioner rebukes own agency over recent action
“Today, the SEC shut down Kraken’s staking program and counted it as a win for investors. I disagree and therefore dissent,” said commissioner Hester Pierce.
NY law firm investigates potential ‘securities fraud’ at Core Scientific
The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had “wildly oversold” its mining and hosting businesses.
SEC Asks Court to Enforce Subpoena in ICO Inquiry
The SEC is trying to subpoena an investment trust company as part of a probe into alleged fraud involving claims of a $100 million ICO.