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The Latest Breaking News from SEC

The SEC backs out of Salt Lake City after disastrous crypto lawsuit results in $1.8 million penalty, citing ‘significant attrition’

After a judge took the rare step of sanctioning the SEC for its actions in the DEBT Box case, the agency closed the regional office that brought the lawsuit.

Fortune

Wall Street has returned to T+1 trading for the first time in a century. How much longer until T+0?

SEC Chair Gary Gensler says a quicker settlement cycle benefits investors and reduces risk. Why not make it faster?

Fortune

Spot Ether ETFs Could Rake In Up To $4.8B In First 5 Months: Analysts

Spot Ethereum ETFs are one step closer toward reaching the same stage Bitcoin ETFs have been taking up since January, and unlike other experts who aren't too optimistic about how the funds will perform, K33 analysts believe ETH ETFs will do great when they start trading.

International Business Times

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How crypto could put Donald Trump over the top in November

Donald's Trump recent embrace of crypto could prove especially costly for Democrats.

Fortune

SEC To Shut Down Office That Worked On Its Failed Debt Box Case

The SEC has decided to shut down its Salt Lake City office – where top lawyers in the regulator's Debt Box case were based – later in the year after experiencing "significant attrition."

International Business Times

BlackRock's IBIT Retains Lead As Spot Bitcoin ETFs Log 15-Day Inflow Streak

BlackRock's IBIT remains the top choice for investors dabbling into the spot Bitcoin ETF space, as it made up for most of the inflows into the crypto subsector in May.

International Business Times

Did Environmental Groups Drop Challenges to SEC Climate Disclosure Rule Because They Lost the Lottery?

Green groups dropped their suits after the various challenges to the SEC's climate disclosure rule were consolidated in a fairly conservative circuit.

Reason

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It’s Time to Rethink College Football’s Bloated Roster Size

As settlements loom in a handful of court cases involving the NCAA, curtailing expenses is an agenda item for every athletic department.

Sports Illustrated

Coinbase Urges Support For Pro-Crypto Candidates, Donates $25M To Fairshake

Coinbase is rallying the crypto industry to support pro-crypto candidates, as it believes electing such candidates is the best way so far to get regulatory clarity for an industry whose request for clear crypto rules has been ignored by the SEC.

International Business Times

Snowflake says it wasn't to blame for Ticketmaster breach — and its security pals agree

Snowflake says it suffered a credential stuffing attack, but nothing more, so it wasn't to blame for Ticketmaster incident.

TechRadar

Crypto Sleuth Calls Out Floyd Mayweather For 'Scamming' Fans In New Token Promotion

Floyd Mayweather Jr. is once again in the spotlight for all the wrong reasons as prominent crypto researcher ZachXBT called the former boxing champion out for his posts that promoted a new token believed to be a fake one.

International Business Times

Feds accuse investor of $4 billion "pump and dump" scheme

Trillium Capital never really planned to buy Getty Images.

Axios

The need for collective cybersecurity accountability

With organizations often blaming CISOs for security breaches, the key challenge lies in spreading accountability across the entire organization.

TechRadar

Ticketmaster confirms data breach and personal info lost, says Snowflake systems were hacked

Live Nation submits more info on Ticketmaster hack to SEC, confirming earlier reports of a data breach.

TechRadar

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International Business Times

Ripple CEO Believes XRP, SOL, ADA ETFs Are Inevitable After Ether Approvals

Ripple CEO Brad Garlinghouse is positive that the crypto market will see XRP, SOL, and ADA ETFs in the long run now that spot ETH ETFs have been approved even as some industry analysts don't expect more crypto ETF approvals.

USA Today Sports Media Group

MSU Football offers 3-star CB, Vandy commit Vanzale Hinton

Michigan State football is working to flip an SEC commit in the 2025 class

Fortune

Mark Zuckerberg is quietly sitting on a shopping empire with 4 times the customers of Amazon, as Facebook Marketplace skyrockets

The secondhand platform boasts up to 1.2 billion monthly users, with Gen Z and millennials flocking to the site in search of hidden gems.

The Independent UK

Former tech exec admits to fraud involving a scheme to boost Getty Images shares, authorities say

Federal officials say a former technology executive has pleaded guilty to fraud involving a scheme to artificially boost the share price of photo and video distributor Getty Images

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USA Today Sports Media Group

Georgia is latest SEC school to offer 2027 DL out of Sweden

Class of 2027 DL Valdin Sone adds UGA offer...

International Business Times

JPMorgan Predicts Initial Reaction To Spot Ethereum ETFs Will 'Likely' Be Negative

JPMorgan isn't as positive as the Ethereum community that demand for spot ETH ETFs will be huge. Analysts at the investment banking giant believe the removal of staking from the filings of applicants is a disadvantage.

USA Today Sports Media Group

5 SEC football teams we’d love to see on possible Netflix documentary series

These five SEC football teams would make for compelling television on a possible Netflix doc series.

USA Today Sports Media Group

‘I don’t cry over it’, Kirby Smart reflects on Georgia’s CFP snub

Kirby Smart sounds off on UGA's CFP snub...

USA Today Sports Media Group

New tradition? Georgia reportedly facing Georgia Tech on Black Friday

The Georgia Bulldogs are reportedly scheduled to host Georgia Tech in Athens on Black Friday this November. Will this be a new Thanksgiving week tradition?

International Business Times

Elections 2024: Biden Campaign Reportedly Reaching Out To Key Crypto Players For Policy Suggestions

Biden's 2024 re-election campaign may be rethinking the incumbent president's stance on cryptocurrencies as it recently started connecting with key industry players, reportedly seeking crypto policy comments.

International Business Times

Crypto Market Is Not Too Far From The 'Last Gasp' Of Altcoins: Expert

A digital assets expert has issued a dreary prediction for the ever-busy altcoin market, and it comes at a time when all eyes are on two of the world's largest digital assets: Bitcoin and Ether.

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