Tag: SEC

Founder of Collapsed Social Media Site Charged with $170M Fraud

Authorities in the US have charged Abraham Shafi, the founder of the now-defunct social media platform IRL, with fraud amounting to $170 million. The Securities and Exchange Commission (SEC) alleges that Shafi...

SEC Nears Approval for Ether ETFs: What It Means for Crypto Investors

The US Securities and Exchange Commission (SEC) is getting closer to allowing eight new exchange-traded funds (ETFs) tied to ether, the world's second-biggest cryptocurrency after Bitcoin. This follows their approval of the...