Securities and Exchange Comission

As shares of project management tool Asana Inc. (NYSE:ASAN) continue to languish near their all-time lows, the company’s founder and CEO, Dustin Moskovitz, is signaling confidence by aggressively acquiring its shares. Check out the current price of ASAN stock here. What Happened:...

The Trump administration is reportedly planning to relax regulations that require companies to disclose executive perks such as private jet use and bodyguard services. What Happened: The Securities and Exchange Commission (SEC) is organizing a roundtable discussion later this month to...

The U.S. Securities and Exchange Commission is investigating whether Coinbase Global Inc. (NASDAQ:COIN), the largest U.S.-based cryptocurrency exchange, misrepresented its user numbers in past disclosures.  The Details: According to a Thursday report from the New York Times, the SEC's probe centers...

The Securities and Exchange Commission filed charges on Tuesday against Ramil Palafox, accusing him of running a fraudulent investment scheme that collected nearly $198 million from Bitcoin (CRYPTO: BTC) and foreign exchange investors and misappropriated more than $57 million for his personal...

The U.S. Government Accountability Office (GAO) is reportedly planning to investigate the changes implemented at the U.S. Securities and Exchange Commission (SEC). The probe will focus on alterations led by the White House and Elon Musk‘s Department of Government Efficiency. What Happened:...

Paul Atkins, former U.S. Securities and Exchange Commission (SEC) member and President Donald Trump‘s nominee to head the agency, has pledged a new approach towards crypto regulation. What Happened: Atkins’ stance on crypto regulation marks a departure from his predecessor,...

The U.S. Securities and Exchange Commission (SEC) issued a summon to X owner and Tesla Inc CEO Elon Musk over potential securities law violations. The decision was made following a vote by the five commissioners of the SEC, with one reportedly dissenting vote cast by the interim SEC Chief. What...

$1.4 Billion Ethereum Stolen In Largest Crypto Hack In History Cryptocurrency exchange Bybit suffered a major breach on Friday which resulted in the theft of $1.4 billion Ethereum (CRYPTO: ETH). The incident is considered the largest cryptocurrency hack in history, surpassing the 2021 Poly Network...

The U.S. Securities and Exchange Commission is restructuring its enforcement approach by scaling back its cryptocurrency oversight unit and replacing it with a smaller team focused on cyber fraud and technological threats. What Happened: The newly formed division will investigate crimes involving...

Man Pleads Guilty To Hacking SEC Social Media Account The U.S. Department of Justice on Monday announced that Eric Council pleaded guilty to conspiracy to commit aggravated identity theft in a federal court in Washington, D.C.. Council is accused of hacking the SEC's X account and posting a fake...

Stephen George, former vice president and controller of Celsius Holdings, Inc. (NASDAQ:CELH), on Tuesday pleaded guilty for his role in an insider trading scheme that netted him over $1.6 million in profits. According to court documents, George was a member of the Finance Department at Celsius...

Roblox Corp. (NYSE:RBLX) is part of an active and ongoing investigation by the Securities and Exchange Commission, the agency said Friday.  The Details: The SEC confirmed the investigation Friday in a letter responding to a Freedom of Information Act request from Bloomberg News.  "We have...

SEC Charges Cantor Fitzgerald With Causing 2 SPACs To Make Misleading Statements The Securities and Exchange Commission on Thursday charged  financial services firm Cantor Fitzgerald, L.P. with causing two special purpose acquisition companies that it controlled to make misleading statements...

Man Sentenced To 51 Months In Prison For Fraud, Ordered To Pay $6.1 Million  Mykalai Kontilai, a 55-year-old Las Vegas resident, was sentenced on Thursday to 51 months in prison and ordered to pay $6.1 million in restitution for his involvement in a long-running fraud scheme. Kontilai, who...

WAMCO’s Ken Leech Charged With Fraud For Allegedly ‘Cherry-Picking' Trades The Securities and Exchange Commission (SEC) on Monday announced fraud charges against Stephen Kenneth ("Ken") Leech, the former co-chief investment officer of Western Asset Management Company LLC or WAMCO, owned by...