Yugocean SEC

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Ripple vs SEC: Legal Dispute Concludes with Mutual Settlement

8 Aug 2025 1 minute read 6 comments Yugocean

Joint Dismissal Filed      The prolonged legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has effectively concluded, as both parties have submitted a Joint Dismissal of the Appeals, marking an end to the content...

SEC lawsuits against Justin Sun and Gemini are winding down

28 Feb 2025 1 minute read 0 comments Yugocean

Break on SEC action against Justin Sun, and Gemini      The SEC has filed a motion in SDNY court to pause the lawsuit against Justin Sun and his three companies (Tron Foundation, BitTorrent Foundation, and Rainberry). The SEC has also decided to end...

SEC withdraws its appeal against the decision on DeFi

21 Feb 2025 1 minute read 0 comments Yugocean

  SEC withdraws anti-DeFi appeal      In 2024, a Texas court ruled against the SEC's attempt to categorise DeFi traders as financial brokers. SEC Chairman Gary Gensler challenged the decision to the Fifth Circuit in November 2024. However, the SEC ha...

How Anti-Crypto Gary Saved the Crypto Industry

24 Nov 2024 1 minute read 6 comments Yugocean

Made No Mistake      The reader might be thinking that I have made a mistake in writing the title in haste, but no. Whatever I have written is the truth, and nothing but the truth. You might have gotten angry after reading this, but instead of gettin...

Cryptoverse is interested in Trump's Treasury Secretary and the SEC Chairman

21 Nov 2024 1 minute read 0 comments Yugocean

Who will be Trump's Treasury Secretary and the SEC Chairman?      Trump is still forming his administration; he has yet to choose his Treasury Secretary and the Chairman of the Securities and Exchange Commission. These two posts are economically stro...

BRIDGE Digital Assets bill for joint committee of SEC and CFTC

14 Sep 2024 1 minute read 0 comments Yugocean

BRIDGE Digital Assets bill by John Rose Republican Representative John Rose, a member of the House Financial Services Committee, has introduced a new bill in the US Senate. This bill proposes a joint SEC-CFTC committee to advise the SEC and CFTC on t...

US CFTC is not happy with the approval of Bitcoin Spot ETF

27 Jan 2024 1 minute read 2 comments Yugocean

      The CFTC's anguish is beginning to surface just two weeks after the Bitcoin Spot ETF received US SEC approval.   CFTC losing its BTC "Commodity"      A while back, SEC Chairman Gary Gensler proclaimed Bitcoin to be a commodity. The CFTC penal...

SEC X Hack and Bitcoin ETF approval Drama

10 Jan 2024 1 minute read 2 comments Yugocean

     SEC's X account hack provided honey to bears and paddy to bulls in the Bitcoin market, which has also spoiled the mantle health of Gary Gensler.   Hack Drama      At 4:11 p.m. US time, the SEC's official X account declared the approval of all E...

SEC has withdrawn the famous Ripple case

21 Oct 2023 1 minute read 3 comments Yugocean

     The US Securities and Exchange Commission has withdrawn its lawsuit against Ripple and its officials, making Ripple the winner. Surrendered to Ripple      Ripple miraculously won its three-year legal battle with the SEC; the SEC's appeal again...

SEC fighting against itself

7 Oct 2023 1 minute read 4 comments Yugocean

     The US SEC has become a desperate agency, and in desperation, it is knowingly overstepping its bounds, which could be bad not only for Gary but for the agency as a whole. Loss against crypto      Ever since the Hinman Speech came out, the SEC h...