Tag: sec

Immutable's IMX Token Jumps 15% Following SEC Inquiry Closure

Immutable's IMX Token Jumps 15% Following SEC Inquiry Closure

On March 25, IMX, the token associated with crypto gaming platform Immutable, jumped more than 15%. It got as high as almost $0.74 at the peak of this spectacular run. All this growth came just a week or two after Immutable’s announcement that the SEC had finished its inquiry and...

Innovation's Tightrope: Balancing Progress and Protection in the Tech Arena

Innovation's Tightrope: Balancing Progress and Protection in the Tech Arena

Technological innovation has never been moving faster. Yet it remakes whole industries and with them, our experiences and the very fabric of our lives. This rapid evolution presents a significant challenge: how do we foster innovation while simultaneously safeguarding investors and ensuring a fair playing field? This question is particularly...

Elon Musk Served Summons in SEC Lawsuit Over Twitter Stock Disclosures

Elon Musk Served Summons in SEC Lawsuit Over Twitter Stock Disclosures

Elon Musk just got served. This is in connection with the SEC’s lawsuit against him for allegedly failing to disclose his Twitter stock purchases in 2022, prior to his purchase of the company. The notice was served on March 14, according to a court filing released Thursday. The process server...

XRP Surges as Bitnomial Ends SEC Lawsuit, Eyes Potential 75% Gain

XRP Surges as Bitnomial Ends SEC Lawsuit, Eyes Potential 75% Gain

XRP has seen a huge pump lately, up almost 30% over the last two weeks. This rally continued steam after Bitnomial’s voluntary dismissal of its own lawsuit against the SEC. The announcement has driven new excitement for the second-largest cryptocurrency, which has been lifted by technical factors pointing to more...