US man who hacked SEC’s X account to spike Bitcoin price sentenced to prison | TechCrunch
Eric Council Jr., 26, was sentenced to 14 months in prison and three years of supervised release on Friday for participating in the hack of...
Tag : Securities and Exchange Commission
Tesla Board Chair Robyn Denholm Made $198 Million Selling Stock as Profit Fell
In March, after a steep decline in Tesla’s share price, Elon Musk told employees, “Hang on to your stock.” The chair of Tesla’s board, Robyn...
Justice Dept. Disbands Cryptocurrency Enforcement Unit
The Trump administration is disbanding a unit in the Justice Department that was responsible for investigating cryptocurrency crimes, criticizing the Biden administration as too aggressive...
At Crypto Summit, Trump Says U.S. Will Be ‘the Bitcoin Superpower’
Sitting beneath a portrait of Abraham Lincoln, more than two dozen of the most powerful figures in the U.S. cryptocurrency industry, together worth many billions...
Under Trump, U.S. Dismantles Crypto Crackdown
Federal officials declared that so-called memecoins would not be subject to strict oversight. A series of investigations into major cryptocurrency firms were halted. And the...
Coinbase Says S.E.C. Will Drop Crypto Lawsuit
The cryptocurrency exchange Coinbase said on Friday that the Securities and Exchange Commission had agreed to drop its lawsuit against the company, lifting a legal...
Elon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — or is now in a...
As Elon Musk Attacks DEI, Tesla Quietly Addresses Racism Complaints
In Washington, Elon Musk has been at the forefront of Trump administration efforts to gut programs designed to promote diversity. At the same time, Tesla,...
Trump’s Crypto Venture Divides the Industry He Aims to Support
Dressed in ball gowns, tuxedos and “Make Bitcoin Great Again” baseball caps, a crowd of some of the country’s most powerful cryptocurrency executives gathered a...
S.E.C. Sues Elon Musk Over Securities Violations
U.S. securities regulators sued Elon Musk in federal court in Washington on Tuesday in an enforcement action arising from his $44 billion purchase of Twitter,...