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The Latest Breaking News from Gary Gensler

Alabama Man Arrested For SEC Hack That Caused Bitcoin Price Swing

Eric Council Jr. is accused of posting a message on the SEC chairman's account that sent the price soaring

International Business Times

Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike

An Alabama man has been arrested for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said

The Independent UK

The SEC’s X account got hacked by a 25-year-old who went by ‘AGiantSchnauzer’ and got paid in Bitcoin, feds say

Eric Council Jr. was charged with conspiracy to commit aggravated identity theft and access device fraud.

Fortune

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The Race Card? Harris Draws Flak After Promising To Support Black Americans Using Crypto

VP Kamala Harris has vowed support for a crypto regulatory framework as part of her "opportunity agenda" for Black male communities in the country, but her statement has drawn criticism from other crypto users.

International Business Times

Forcing The Hand Of World's Largest $XRP Holder – Ripple Files Cross-Appeal In SEC Case

Ripple is not backing down in the SEC's fight to overturn a 2023 ruling that flipped the regulator's entire narrative about $XRP being a security – Stuart Alderoty is looking forward to "putting a stake in the heart" of the Gensler SEC's "misguided" crypto industry crackdown.

International Business Times

'No Other Choice': Crypto.com Sues SEC After Receiving Wells Notice

Crypto.com is taking the SEC to court after the crypto exchange received a Wells notice, joining the expanding list of crypto-related firms that have been threatened with enforcement action for their services and offerings.

International Business Times

Robinhood's Dan Gallagher Reportedly A Top Choice For Trump Government SEC Chief

Gallagher is reportedly the leading contender among a few other financial industry experts whom a second Trump administration will pick as the Chair of the SEC – who is he and why was he included in the list?

International Business Times

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'Big Mistake': Crypto Lawyers Weigh In On SEC Appealing $XRP Ruling In Ripple Lawsuit

The SEC said it will appeal a judge's ruling regarding its lawsuit against Ripple, and the company that holds the most number of $XRP tokens has said it will stand its ground. Did the SEC make the right move, or will its efforts be in vain?

International Business Times

GOP Lawmaker Believes Stalled Crypto Bill FIT21 Can Still Be Passed This Year

Rep. Tom Emmer of Minnesota believes it's still possible for FIT21 to be passed this year, and he also reiterated that someone needs to keep putting SEC Chair Gary Gensler in the hot seat over his hostility toward cryptocurrencies.

International Business Times

Bitcoin Hits $65K – Why Is $BTC Up Today?

Bitcoin has had a rough few weeks following two market bloodbaths last month, but this week has been good for the digital currency, allowing the crypto coin to pass the $65,000-mark late on Thursday.

International Business Times

Evolving Position Or Damage Control? Gary Gensler Affirms Bitcoin Is Not A Security

The cryptocurrency industry has long been under scrutiny by Gary Gensler, but on Thursday, he affirmed that Bitcoin is a commodity – is he "warming up" to the digital currency?

International Business Times

Crypto Advocate Mark Cuban Eyes Replacing Gary Gensler As SEC Chair

Billionaire and Shark Tank investor Mark Cuban has seen his fair share of huge roles in the corporate world – now he wants a top position at what could be the most contentious agency for the crypto industry.

International Business Times

Key Takeaways From House Grilling Of 'Destructive, Lawless' Gary Gensler

Members of the U.S. House Financial Services Committee on Tuesday criticized SEC Chair Gary Gensler for his leadership that initiated an ongoing three-year crackdown on digital assets.

International Business Times

Lawmaker, Crypto Community Troll Gary Gensler Ahead Of Congress SEC Oversight Hearing

Crypto users are looking forward to Gary Gensler's appearance at a House hearing Tuesday, where a lawmaker has hinted that the SEC chair will ultimately be grilled.

International Business Times

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International Business Times

In First, Harris Vows Support For Digital Assets At NYC Fundraiser: Report

For the first time ever, Kamala Harris has spoken about crypto, saying she will "encourage" digital assets innovation. Is this the beginning of a significant shift, or is she a little too late in the race toward winning crypto voters?

International Business Times

'Dazed And Confused': Key Takeaways From Congress Hearing On SEC's 'Politicized' Approach To Crypto

The Digital Assets Subcommittee of the House Financial Services Committee held a hearing Wednesday to discuss with stakeholders how the SEC has been handling crypto regulation, and many lawmakers expressed concern over the regulator's regulatory approach.

International Business Times

Lawmakers press SEC for crypto airdrop clarity

House members Tom Emmer and Patrick McHenry are demanding answers from SEC Chair Gary Gensler on the regulator's stance over token airdrops amid increasing scrutiny of the SEC's enforcement-first approach toward digital assets.

Salon

Big Crypto raises $200M to fight regs

The deep-pocketed cryptocurrency industry seeks to influence regulators and the future of the Democratic Party

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news in one place.

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International Business Times

Lawmakers Investigate Crypto Nemesis Gary Gensler For Suspected Hiring Favoritism

Three Republican lawmakers are in hot pursuit of Gary Gensler over the SEC's alleged hiring practices that spell favoritism after email correspondence with a SEC director indicated that he may have been hired due to his political affiliation.

International Business Times

New Bill Could Force Rivals SEC, CFTC To Cooperate For Streamlined Crypto Regulation

A new bill seeks to bring the SEC and CFTC together to discuss ways to streamline crypto regulation. Some crypto users believe the proposed legislation is a good start, but they doubt whether the SEC will actually cooperate.

Fortune

SEC signals retreat from Ethereum in its latest settlement with crypto platform eToro

The Gensler-led agency is allowing eToro to continue trading services for Ether, along with Bitcoin and Bitcoin Cash.

Fortune

SEC and FINRA make tZero second recipient of special crypto license following controversial Prometheum approval

The approval comes amid calls from the crypto industry for regulatory clarity from the Gensler-led SEC.

International Business Times

'Uncharted Territory': Mixed Reactions After OpenSea CEO Reveals SEC Wells Notice

OpenSea's Devin Finzer said the NFT marketplace received a Wells notice from the SEC, and while many are defending the platform, others said OpenSea brought it upon itself.

International Business Times

Warren 'Planted' Speculation About SEC's Gensler As Treasury Secretary: Blockchain Industry Leader

There is renewed talk about Gary Gensler possibly being considered as Treasury Secretary under a Harris administration, but the latest speculation is that Sen. Elizabeth Warren herself planted the rumor.

International Business Times

Trump Reclaims Polymarket Lead – Will RFK Jr. Join Hands With Ex-President?

Trump is back on top of Polymarket's event contract predicting which presidential candidate will win in November as Harris continues to retain silence over her views on digital assets.

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