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The world's largest crypto exchange will urge a federal judge to toss a lawsuit the SEC filed against it in June. The regulator accused Binance, its CEO and founder Changpeng Zhao and Binance.US's operator of artificially inflating its trading volumes, diverting customer funds, failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls. Binance was also accused of facilitating trading of several crypto tokens the SEC deemed securities.

Coinbase will argue at a court hearing on Wednesday that the U.S. securities regulator should drop its case against it because the tokens traded on its crypto exchange are not akin to securities,...

A federal judge pressed the U.S. securities regulator at a court hearing on Wednesday on details of its lawsuit against Coinbase, asking what specific features of a crypto token constitute an...

WASHINGTON (Reuters) -A JP Morgan Chase & Co unit will pay a $18 million civil penalty to settle charges it violated whistleblower protection rules, the U.S. Securities and Exchange Commission said on Tuesday. J.P. Morgan Securities LLC impeded "hundreds of advisory clients and brokerage customers from reporting potential securities law violations" to financial regulators, the SEC said in a statement, adding that the company also agreed to cease the alleged violations.

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 ownership of Future FinTech stock as well as transactions in such stock.