SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy

“DCG and Moro painted a misleadingly rosy picture,” the acting director of the SEC’s enforcement division, Sanjay Wadhwa, wrote.

As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration.

FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations.