SEC Bars Former FTX Leaders Amid Fraud Settlement
The post SEC Bars Former FTX Leaders Amid Fraud Settlement appeared on BitcoinEthereumNews.com.
Key Points: U.S. SEC bars former FTX executives after fraud settlements over exchange’s collapse. Final penalties prevent involvement in public companies for up to ten years. Parliament’s institutional inclusion increases in cryptocurrency exchange industry. The U.S. SEC announced settlements with former FTX executives following the collapse of the crypto exchange, detailing enforcement actions pending court approval. These settlements prevent future directorial roles, impacting leadership prospects within the crypto industry and potentially influencing regulatory approaches towards cryptocurrency exchange operations. FTX Missteps Lead to Increased Regulatory Oversight FTX customer funds, diverted to Alameda Research, lie at the heart of this enforcement. These interventions did not result in monetary penalties. The prohibitions highlight SEC’s determined enforcement stance after the exchange’s debacle, aiming to deter future misconduct within the sector. Community sentiment remains muted, with no notable commentary from leading crypto voices. Caroline Ellison, former CEO of Alameda Research Ltd., is expected to face a 10-year ban from serving as an officer or director of public companies due to her involvement in directing misappropriated FTX customer funds for Alameda’s trading activity. Caroline Ellison, former CEO of Alameda Research Ltd., is expected to face a 10-year ban from serving as an officer or director of public companies due to her involvement in directing misappropriated FTX customer funds for Alameda’s trading activity. Historical Context, Price Data, and Expert Analysis Did you know? The prohibition on these executives underscores one of the longest bans seen in recent SEC enforcement within the crypto industry, reflecting the severity of the misconduct. CoinMarketCap, Ethereum (ETH) trades at $2,975.00, holding a market cap of $359.07 billion. Recent price analysis shows it increased by 1.00% over 24 hours but decreased by 4.28% in the past week, highlighting market volatility. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 18:13 UTC on December 20, 2025.…
Filed under: News - @ December 20, 2025 6:20 pm