Loading...
Market
SEC to announce further BitClave investor distributions by end of 2024?
2
China•Hong Kong•Macau•Outbound Investment Security Program•Committee on Foreign Investment•Securities and Exchange Commission•SEC•BitClave
Resolution / Starting Odds
Yes • 50%
No • 50%
Official SEC announcements or press releases
Story
U.S. Treasury Finalizes Outbound Investment Restrictions in China, Hong Kong, and Macau; SEC Approves $4.6M for BitClave Investors
Nov 20, 2024, 06:37 PM
The U.S. Treasury has finalized new regulations restricting outbound investments in China, including Hong Kong and Macau. This move is part of the broader Outbound Investment Security Program aimed at enhancing national security. The regulations were highlighted by the Committee on Foreign Investment in the U.S., which noted increased enforcement and active rulemaking for 2024. Additionally, the Securities and Exchange Commission (SEC) announced the approval of a $4.6 million distribution to investors affected by BitClave, a cryptocurrency project. This distribution is intended to compensate those who suffered losses due to the project's issues.
View original story
Similar markets
SEC • 25%
BitClave Fair Fund administrators • 25%
External auditors • 25%
Other • 25%
Less than 50% • 25%
50% to 75% • 25%
75% to 100% • 25%
100% • 25%
Less than $1,000 • 25%
$1,000 to $5,000 • 25%
$5,000 to $10,000 • 25%
More than $10,000 • 25%
Distributed to affected investors • 25%
Retained by SEC • 25%
Allocated to a general fund • 25%
Other • 25%
New lawsuit against another firm • 25%
New regulations introduced • 25%
Guidance issued without legal action • 25%
No action taken • 25%
Actions against multiple exchanges • 25%
Actions against one exchange • 25%
No new actions • 25%
Regulatory guidance issued • 25%
Less than $1 million • 25%
$1 million - $3 million • 25%
$3 million - $5 million • 25%
More than $5 million • 25%
Fines imposed • 25%
Cease and desist orders • 25%
No action taken • 25%
Other penalties • 25%