In 2020, under former SEC Chair Jay Clayton, the SEC sued BitClave alleging that the sale of its Consumer Activity Token (CAT) violated federal securities laws. BitClave settled the charges without admitting any wrongdoing, and agreed to forfeit the entirety of the money it raised in 2017, plus another $4 million in interest and penalties. It also agreed to destroy all uncirculated CAT and request that exchanges delist it as part of the settlement agreement.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Recent pro-crypto policy shifts, bullish technical breakouts,...
The Federal Reserve just dismantled its targeted crypto oversight, clearing the runway for banks to re-enter digital assets under streamlined...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Top Win International has announced a $10...
Success in investing often comes to those who identify potential before it becomes mainstream. Ethereum attracts attention with its price...
Bitcoin traded at $117,509 on Aug. 16, 2025, with a market capitalization of $2.33 trillion. The 24-hour trading volume reached...
