# Tesla reports M profit from Bitcoin sale

# Tesla reports $64M profit from Bitcoin sale

” Tesla reports $64M profit from Bitcoin sale “ Tesla’s decision to offload most of its Bitcoin (BTC) treasuries netted the company a hefty profit in the second quarter, even as crypto prices plunged into a bear market. In the first six months of 2022, Tesla recorded $170 million of impairment losses “resulting from changes…

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#Mark Cuban warns bitcoin, crypto face looming SEC ‘nightmare’

#Mark Cuban warns bitcoin, crypto face looming SEC ‘nightmare’

“Mark Cuban warns bitcoin, crypto face looming SEC ‘nightmare’” Tightened SEC regulation of the cryptocurrency industry represents a potential “nightmare” for the struggling sector, whose prices already have been battered by surging interest rates and recession fears, billionaire Mark Cuban warned on Twitter. Cuban provided his dire warning in response to a tweet from Sen….

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# SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC

# SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC

” SEC listing 9 tokens as securities in insider trading case ‘could have broad implications’ — CFTC “ Caroline Pham, one of five commissioners with the United States Commodity Futures Trading Commission, or CFTC, has expressed concerns about the possible implications of a case the Securities and Exchange Commission, or SEC, brought against a former…

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# SEC objects to XRP holders aiding Ripple defense

# SEC objects to XRP holders aiding Ripple defense

” SEC objects to XRP holders aiding Ripple defense “ The Securities and Exchange Commission (SEC) is attempting to block XRP holders from aiding in Ripple’s defense, and prohibit attorney John E. Deaton from any further participation in proceedings.  In its official objection submitted on July 19, the regulator opposed the decision to recognize 1,746…

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# US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges

# US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges

” US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges “ Brad Sherman, the congressperson who previously called for banning cryptocurrencies in the United States, criticized the Securities and Exchange Commission’s (SEC) approach to enforcement among major crypto exchanges. In a Tuesday hearing before the House Committee on Financial Services,…

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