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SEC

Coinbase SEC
Tech

SEC threatened to sue Coinbase over its unreleased Lend feature

September 8th, 2021

Bitcoin and the entire crypto space are experiencing a terrible week. El Salvador’s turned bitcoin into an official currency on Tuesday, with fans celebrating the move. Despite that, the bitcoin price experienced a massive flash crash. Bitcoin lost $10,000 within minutes, as over-leveraged traders who were long on bitcoin found themselves liquidated. All other coins …

Crypto price fall, SEC announcement, cryptocurrency news
Business

Crypto prices dive after the SEC promises more regulation

March 7th, 2018

Cryptocurrency’s rollercoaster ride took a sharp downwards swing Wednesday as the Securities and Exchange Commission issued a statement warning against unlicensed crypto exchanges. The commission confirmed that any exchange that allows investors to buy and sell securities — whether that’s boring government bonds or the latest ICO — needs to comply with existing SEC rules …

Tesla Autopilot Crash: SEC Investigates
Tech

The SEC is investigating Tesla over breaches surrounding Autopilot crash

July 11th, 2016

Elon Musk really can’t catch a break. Weeks after a takeover of Solar City that investors didn’t approve of and a NHTSA probe into the highly public Autopilot crash, the Securities and Exchange Commission is reportedly looking into whether Tesla breached securities law. The Wall Street Journal reports that Tesla’s failure to disclose news of the accident …

Facebook IPO may be delayed until June

April 24th, 2012

Due to a string of acquisitions and other business distractions, Facebook’s multi-billion dollar initial public offering that was rumored to be set for May 17th may be delayed until early or mid-June, according to CNBC. Facebook founder and CEO Mark Zuckerberg has not been preparing for the IPO, but instead has been more focused on …

Facebook’s record-setting IPO reportedly set for May 17th

April 19th, 2012

Depending on whether the U.S. Securities and Exchange Commission approves the company’s paperwork, Facebook’s highly anticipated IPO could be coming on May 17th, TechCrunch reported on Thursday, citing multiple unnamed sources. Earlier reports have indicated that the social networking giant was aiming for a May offering and Facebook halted trading on the secondary market late …

Google to sell stake in Clearwire at a huge loss

February 24th, 2012

Google on Friday filed documents with the U.S. Securities and Exchange Commission to sell its entire stake in Clearwire. The Mountain View-based company spent $500 million in 2008  to acquire a 6.5% stake in Clearwire, and now the search giant is now looking to sell its share for $47 million, less than a tenth of …

SEC charges former Deutsche Telekom execs with bribery

December 29th, 2011

The United States Securities and Exchange Commission on Thursday charged former executives at Deutsche Telekom’s Magyar Telekom unit with bribery and violating the Foreign Corrupt Practices Act. The federal agency said three Magyar Telekom executives paid off Macedonian government officials as much as $6.29 million during 2005 and 2006 for “regulatory benefits” and to muscle …

DOJ wants more info on Google’s planned Motorola Mobility purchase

September 29th, 2011

The United States Justice Department has issued a request for more information from Google and Motorola Mobility concerning the search giant’s planned $12.5 billion acquisition of the phone maker. Google senior vice president Dennis Woodside explained that his company is still confident the deal will be approved. “We believe very strongly this is a pro-competitive …

Feds investigating Motorola Solutions for alleged bribery

September 26th, 2011

The U.S. Department of Justice and the Securities and Exchange Commission are investigating Motorola Solutions on suspicion of bribery, The Wall Street Journal reported on Monday. Motorola Solutions, not to be confused with Motorola Mobility, reportedly paid bribes to foreign officials, including Austrian count Alfons Mensdorff-Pouilly, in an attempt to increase business in Europe. If …