ChainCatcher news, according to Cointelgraph, Montenegro's Minister of Justice Andrej Milovic has discussed the investigation into Terraform Labs co-founder Do Kwon with officials from the U.S. Securities and Exchange Commission (SEC), including Enforcement Director Gurbir Grewal. As of the time of publication, Do Kwon remains in Montenegro, where the courts are considering extradition requests from the U.S. and South Korea.

ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) website has been restored, after the SEC official site displayed Page not found, suspected to have been attacked.

ChainCatcher news, the U.S. Securities and Exchange Commission (SEC) has met with representatives from at least 7 financial institutions to discuss the issuance of a Bitcoin spot ETF (exchange-traded fund). The financial institutions discussing the issuance of a Bitcoin spot ETF with the SEC include BlackRock, Grayscale Investments, ARK Investments, and 21Shares, among others. Representatives from the Nasdaq Stock Exchange and the Chicago Board Options Exchange also attended the meetings. It is reported that the SEC will approve multiple companies to issue Bitcoin spot ETFs; however, if the application documents do not meet the requirements by the 29th of this month, they will miss the opportunity to launch Bitcoin spot ETF products in early January next year.

ChainCatcher news, Reaper Finance CEO Patrick L. Riley tweeted that the digital asset investment management company Arrington Capital has submitted a hedge fund application based on XRP to the U.S. Securities and Exchange Commission (SEC).According to the application information, the hedge fund is named "Arrington XRP Capital," which is a multi-strategy hedge fund investing in early-stage venture capital and public markets.In addition, TechCrunch, CrunchBase, and Arrington Capital founder Michael Arrington posted a photo with Ripple CEO Brad Garlinghouse on Twitter today. (source link)

ChainCatcher news, according to documents from the official website of the U.S. Securities and Exchange Commission (SEC), the SEC has charged SBF with defrauding FTX investors. The SEC's complaint alleges that Bankman-Fried violated Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The SEC's complaint seeks an injunction against future violations of the securities laws; a ban on SBF from participating in the issuance, purchase, offer, or sale of any securities, except for his own personal accounts; the forfeiture of his ill-gotten gains; civil penalties, and more.At the same time, the U.S. Attorney's Office for the Southern District of New York and the Commodity Futures Trading Commission (CFTC) have brought charges against SBF. (source link)

ChainCatcher News, the U.S. Securities and Exchange Commission (SEC) has charged FTX founder Samuel Bankman-Fried (SBF) with defrauding investors in FTX, alleging that the defendant concealed his transfer of FTX customer funds to Alameda Research while raising over $1.8 billion from equity investors, including approximately $1.1 billion from about 90 U.S. investors.The SEC is investigating other violations of securities laws as well as other entities and individuals related to the alleged misconduct. The SEC will seek an injunction to prohibit SBF from participating in the issuance, purchase, offer, or sale of any securities, except for his own personal account statements. The lawsuit seeks to recover SBF's ill-gotten gains and impose civil penalties on him.SEC Chairman Gary Gensler stated that we are charging SBF with building a house of cards based on deception while claiming to investors that it was one of the safest buildings in cryptocurrency. Meanwhile, the U.S. Attorney's Office for the Southern District of New York and the Commodity Futures Trading Commission (CFTC) also announced charges against SBF today. (Source link)

Chain Catcher News, the corporate finance division of the U.S. Securities and Exchange Commission is establishing a new office tailored for public disclosure information for crypto companies. The office will have two branches, one for legal and one for accounting. The deputy director of the disclosure division, Cicely LaMothe, stated that the office will be under the corporate finance department and will be responsible for handling disclosures for publicly traded companies. (The Block)