The legal documents were delivered to a SpaceX facility in Texas. Elon Musk served by the SEC earlier this month, filing says A representative of the Securities and Exchange Commission served Elon Musk earlier this month with a copy of a complaint alleging he misled investors when he bought millions of dollars in Twitter stock in 2022, according to a court filing on Thursday. An employee of a Virginia-based process server delivered the SEC complaint to Musk at SpaceX's Starbase facility in Brownsville, Texas, on March 14, according to a...

• The U.S. SEC confirms that Proof-of-Work (PoW) mining activities do not fall under securities regulations, providing regulatory clarity for miners. • Despite adding 1.7% in market cap, major PoW assets like Bitcoin and Dogecoin posted losses as investors rotated funds into lower-cap PoW altcoins. • Lower-cap PoW coins led gains with Nexa, Lightning Bitcoin, and Metaverse ETP outperformed all top 10 ranked PoW assets. On Thursday, the U.S.

Proof-of-work cryptocurrency mining does not trigger federal securities laws, according to a Thursday staff statement from the U.S. Securities and Exchange Commission (SEC) which told mining operators they do not need to register their transactions with the regulator.

Ripple said the US Securities and Exchange Commission case against the crypto company has ended, the latest of several enforcement actions that have been abandoned during the early weeks of President Donald Trump’s administration. The agency has dropped its appeal of a previous ruling, Chief Executive Officer Brad Garlinghouse said in a post on X on Wednesday. A spokesperson for the firm confirmed the comments. A spokesperson for the SEC didn’t immediately respond to a request for comment. The securities regulator has dismissed or paused several other legal cases and...

• Asset manager Canary Capital submitted an S-1 filing with the SEC for a Sui ETF. • The firm first signaled its interest in an ETF for the altcoin when it filed for a Sui Trust in Delaware. • Canary Capital's latest submission follows the SEC's postponement of its decision on several altcoin ETF filings. SUI saw slight gains on Monday as Canary Capital submitted an S-1 application with the Securities & Exchange Commission (SEC) to launch a Sui exchange-traded fund (ETF). This adds to the growing list of altcoin...

The Trump administration announced that it has identified a taxpayer-funded program that was supporting "queer, trans, and BIPOC urban farmers" in San Francisco, California, and canceled it. The U.S. Dept. of Agriculture Secretary Brooke Collins posted a "DOGE update" about the grant in a video on social media. The Department of Government Efficiency is meant to root out waste, fraud, and abuse from federal spending. 'We are ending identity politics and we are re-focusing our agency on its core mission of supporting American farming.' "Until today, USDA was funding a...

NASHVILLE, Tenn. (AP) — Josh Hubbard made six 3-pointers and scored 26 points, and No. 10 seed Mississippi State cruised to a 91-62 victory over 15th-seeded LSU in the first round of the SEC Tournament on Wednesday night. Mississippi State (21-11) will move on to face seventh-seeded Missouri (21-10) in the second round on Thursday night. The Bulldogs shot 52% (35 of 67) overall, including 15 of 34 (44%) from long range. Hubbard finished 9 of 19 from the floor, while nine other Bulldogs scored at least five points. LSU...

HOUSTON — Energy Secretary Chris Wright explained his plans to fortify America’s fragile power grid and a host of other energy policy issues in a Monday interview with the Daily Caller News Foundation. Wright has his work cut out for him atop the Department of Energy (DOE) after the Biden administration and former Energy Secretary Jennifer Granholm left him with elevated energy prices and fragile power grids in both the U.S. and Puerto Rico. Before addressing other topics, like the massive portfolio of green energy loans he inherited from his...

U.S. Secretary of Agriculture Brooke Rollins warned that the price of eggs will remain elevated, especially as we near the holidays that heavily rely on the product, Easter and Passover. Rollins, addressing reporters at the White House on Tuesday, said prices may "inch back up" "We're going into the Easter season. This is always the highest price for eggs," said Rollins, who outlined a $1 billion "five-pronged" strategy to address the egg crisis. Last month, Rollins announced her plan to curb the growing number of highly pathogenic avian influenza (HPAI),...