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TUSD up to 99.7% backed by speculative assets despite SEC settlement

Dollar-pegged stablecoin TUSD may still be up to 99.7% backed by speculative assets, despite an SEC settlement that alleged this behavior.

Who’s in line to replace Gary Gensler at the SEC?

Incoming President Donald Trump has promised to purge the SEC of Gary Gensler on “day one.” Here are a half dozen candidates to replace him.

Former Binance CEO Changpeng Zhao described the SEC’s amended lawsuit as “moot” and “meritless” and seeks to avoid disgorgement costs.

Heart’s lawyers asked the judge to dismiss the lawsuit against him entirely because, in Heart’s view, the SEC lacks jurisdiction over him.

As the SEC’s lawsuit continues against Consensys’ alleged violations of US law, the company has laid off 1/5th of its staff.