Ripple And SEC Reach Major Deal: Remaining $75M Penalty Returned, Injunction Lifted

Ripple

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant turning point for Ripple Labs, the blockchain payments company has reached a settlement with the US Securities and Exchange Commission (SEC) after years of legal battles regarding the classification of its associated token, XRP.  SEC Settlement Provides Clarity For … Read more

SEC To Review Proposed Crypto Custody Rule Amid New Era

crypto, Coinbase, SEC

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Securities and Exchange Commission (SEC) acting chair revealed that the agency is reviewing its rulemaking process and will revisit a controversial rule on crypto custody requirements for investment advisers proposed during the Biden administration. Crypto Custody Rule Proposal Could Be … Read more

SEC Ends 3-Year Probe Into Yuga Labs—What’s Next?

Yuga Labs

The company that created the Bored Ape Yacht Club (BAYC) NFTs, Yuga Labs, is celebrating a significant court win. Without pursuing any enforcement measures, the US Securities and Exchange Commission (SEC) has formally concluded its investigation into the company. This decision brings an end to a probe that lasted more than three years and questioned … Read more

Ripple Vs. SEC Lawsuit: XRP Price Balks At The Latest Developments

Ripple

The Ripple vs. SEC lawsuit has taken an interesting turn. A recent development suggests that this long-running legal battle might end soon. Surprisingly, the XRP price has failed to react positively to this development and has, instead, crashed significantly.  XRP Price Fails To Respond Positively To Recent Ripple Vs. SEC Development CoinMarketCap data shows that … Read more

Acadia Healthcare (ACHC) Class Action Pending with Expanded Class Period After Reporting Q3 Earnings, Disclosing SEC Subpoena

Acadia Healthcare (ACHC) Class Action Pending with Expanded Class Period After Reporting Q3 Earnings, Disclosing SEC Subpoena

SAN FRANCISCO, Calif.–(Newsfile Corp. – December 14, 2024) – Acadia Healthcare The company (NASDAQ: NASDAQ: ) is under fire as it faces a series of securities class action lawsuits. Investors allege the company misled them about its business practices, with the latest lawsuit filed on December 10, 2024 extending the class period from February 8, … Read more