Crypto asset trading platform Bittrex Inc. and its co-founder and former CEO, William Shihara, have settled with the SEC and will pay $24 million in disgorgement, interest, and penalties over allegations that the platform was functioning as an unregistered national exchange, broker, and clearing agency although the defendants neither admit nor deny the SEC’s allegations…. Read More >>
Time for a Crypto Cop?
Many people have been wondering when the controversial crypto currency phenomenon will get the regulatory oversight needed to provide safeguards for investors and other participants. In the U.S., the SEC and CFTC are pursuing guidelines and enforcement actions as the crypto efforts move full speed ahead. I’m certain that the regulators would appreciate additional help… Read More >>