Page 6 - He Sec News Today

From SEC finally approving spot BTC ETFs to Gensler criticizing Bitcoin, here is a 2-minute breakdown of everything important that happened in crypto today.

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Thursday charged the CEO of Future FinTech Group with fraud and disclosure failures for allegedly manipulatively trading in the financial services firm's stock prior to becoming its chief. The regulator said in a statement that Future FinTech's Shanchun Huang used an offshore account to trade shares shortly before he becoming CEO in 2020. The SEC also said it charged Huang with failing to disclose his beneficial own...

(Bloomberg) -- A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanBlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry ShiftsXi, Biden and the...

(Bloomberg) -- The US Securities and Exchange Commission said its account on social network X was “compromised,” leading to a spike in the price of Bitcoin and raising fresh questions about X’s reliability as a source of information and the strength of its security practices.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanB...

The hack of the U.S. Securities and Exchange Commission's official account on X on Tuesday renewed concerns about the social media platform's security since its takeover by billionaire Elon Musk in 2022. The hackers posted false news about a widely anticipated announcement the SEC was expected to make about bitcoin, leading the cryptocurrency's price to spike and alarming observers. The SEC deleted the post roughly 30 minutes after it appeared.

Elon Musk’s Twitter has blamed a security lapse by a Wall Street regulator for a hack of its social media account by bitcoin scammers.

Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that amount in Lordstown Motors' Chapter 11 bankruptcy proceedings last week, though the startup says it is still engaged in settlement talks with the agency. If the SEC moves forward, it would be the biggest penalty for an EV startup since hydrogen trucking company Nikola settled its own case for $125 million in 2021.

The SEC said it had not yet granted approval of spot-Bitcoin exchange traded funds, despite a post on X that appeared from the regulator’s official account

Amid mounting anticipation for the Securities and Exchange Commission's (SEC) approval of what many see as the "Holy Grail" of crypto -- Bitcoin exchange traded funds (ETFs) -- the regulator's X...

Regulators had to do some emergency damage control after the X-formerly-Twitter account of the Securities and Exchange Commission got hacked on Tuesday. In a since-deleted pot, the account claimed that the regulator had approved a Bitcoin exchange-traded fund (ETF) "on all registered national securities exchanges," which sent the price of Bitcoin soaring to almost […]