Unregistered Crypto Trading Platform Settles with the SEC the eToro stock and crypto trading platform settled with the SEC for $1.5 million and agreed to restrict their services for US customers. They were charged with running and unregistered broker and unregistered clearing agency. The feds are slow and there are a lot of crooks, but […]
Continue reading → [DISPLAY_ACURAX_ICONS]AT&T is First Company To Evade SEC’s 4 Day Breach Disclosure No, they are not badasses, they asked for permission. The SEC rules that went into effect last year have a carve out from the disclosure rule – actually it is not an exception, just a delay. It is not clear who asked whom, but […]
Continue reading → [DISPLAY_ACURAX_ICONS]The government is escalating their response to cyber attacks and they are having a little bit of success, but as we have seen recently, that means that they are also going against companies that do not have adequate security. In addition, we have seen that they are going the people in those companies who should […]
Continue reading → [DISPLAY_ACURAX_ICONS]You probably haven’t thought about this if you are privately owned. You might not even heard about it. Effective September 5th, publicly traded companies have four business days to disclose a material breach. That disclosure, on a form 8-K, will be publicly available on the SEC’s EDGAR public company reporting site. The same place they […]
Continue reading → [DISPLAY_ACURAX_ICONS]If this seems hyperbolic, it may not be. In December 2020 the US Securities and Exchange Commission (SEC) charged Ripple, who provides infrastructure for cross-border payments and also its executives with conducting a 1.3 billion dollar unregistered security offering. The core of this is whether their XRP cryptocurrency is a security. Ripple has been fighting […]
Continue reading → [DISPLAY_ACURAX_ICONS]Signal Provides Customer IP Address to Swiss Police While police all over the world complain about the universe going dark on them, that is only true to an extent. Proton maintains no logs, but they can capture data in real time. In this case they received an order from the Swiss Federal Department of Justice, […]
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