The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines and penalties from Ripple Labs, according to court documents recently made public.
The London Stock Exchange announced plans to launch exchange-traded notes (ETNs) tracking the performance of Bitcoin and Ether on May 28 that will function similarly to stocks, allowing investors to gain exposure to the price movements of these cryptocurrencies without directly owning them.
The estate of bankrupt cryptocurrency exchange FTX has secured a deal to sell the majority of its stake in artificial intelligence (AI) startup Anthropic for $884 million, according to a court filing submitted on Friday in Delaware.
Top stories in the Crypto Roundup today:
- SEC Seeks Nearly $2 Billion From Ripple Labs in XRP Case
- London Stock Exchange to Launch Bitcoin and Ether ETNs for Professional Investors
- FTX Estate Offloads Stake in AI Startup Anthropic for $884 Million