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(Bloomberg) -- The US Securities and Exchange Commission said that its enforcement actions during fiscal year 2023 led to almost $5 billion in fines and money ordered to be reimbursed to investors, as the agency sued Wall Street brokerages and many of the largest players in the crypto industry.Most Read from BloombergS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexBiden, Xi to Announce China’s Crackdown on Fentanyl TradeTh
(Bloomberg) -- Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat. Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOThe Bloomberg Billionaires Index slashed its estim
On Friday, the US Securities and Exchange Commission declined to appeal on earlier positive court ruling for Grayscale.
(Bloomberg) -- The world’s largest Bitcoin fund is surging faster than the cryptocurrency itself as investors anticipate that an ETF centered on the token could soon launch. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarXi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts to Stif