Shares of Yum China, which owns the franchise rights to KFC and Taco Bell in China, fell as much as 15% following the SEC notice.

The SEC has filed to pay over $40 million promised to Tesla shareholders after Elon Musk placed a court order to have the decree against him dropped.

SEC Chairman Gary Gensler said that, odds are, crypto exchanges have securities on their platforms, and they should disclose them.

Holmes was once lauded as "the next Steve Jobs" for founding Theranos. As she awaits sentencing, she's the subject of new Hulu series "The Dropout."

Last week, Elon Musk filed a letter in federal court accusing the agency of harassment in the form of "endless, unfounded investigations" into Tesla.

Alex Spiro, Elon Musk's attorney, said the SEC was "out to retaliate" against Musk and Tesla for "exercising their First Amendment rights."

Among possible regulatory moves, Bankman-Fried suggested a registration system for tokens and stablecoins.

Elon Musk has accused the Securities and Exchange Commission of harassment but the regulator disagreed with the accusations.

The Billionaire Tesla CEO went after the regulatory agency in a scathing letter filed in court on Thursday.

One area of focus in the SEC's probe is how the US arm of the crypto exchange disclosed to customers its links to the trading firms, WSJ reported.

BlockFi will pay $50 million to settle the SEC's charges, and $50 million in additional fines to settle charges across 32 states.

The 29-year-old crypto billionaire said stricter rules are needed to stop "scams, ponzi schemes and pump-and-dumps."

"The existing two-day period to settle trades exposes investors and the industry to unnecessary risk and is ripe for change," Vlad Tenev wrote.

"Private fund advisers, through the funds they manage, touch so much of our economy," SEC head Gary Gensler said.

Ripple and its executives made headway in the ongoing case with the SEC last week, which saw the XRP token surge in price

The November 16 subpoena asked for information on "governance process around compliance" with a 2018 settlement requiring Musk's tweets to be vetted.

Neuralink may have downplayed Elon Musk's role at the startup to secure a waiver from the SEC, according to a report from Fortune.