The SEC has accused Elon Musk of violating securities laws by failing to disclose his Twitter stake on time, allegedly enabling him to underpay by $150M for shares. The case includes scrutiny over Musk’s Tesla transactions used to fund the acquisition and allegations of broader misconduct.
The post SEC Sues Elon Musk Alleging Rule Violation in Twitter Stake Purchase appeared first on Cryptonews. …
GENIUS Act has passed the U.S. House, establishing federal stablecoin regulations and the first federal framework for USD-pegged stablecoins. Executives from Ondo Finance, Bitpanda, and Gluwa view the passage as a shift in the policy environment representing a new regulatory era.
The post Crypto Leaders See GENIUS Act as Turning Point for Regulation appeared first on Cryptonews. …
TRUMP has dropped by 3% in the past 24 hours, as the meme token continues its descent from its January all-time high.
The post TRUMP Coin Tanks 78% – Could This Be the Biggest Crypto Collapse of the Year? appeared first on Cryptonews. …