The United States Securities and Exchange Commission (SEC) is getting close to resolving a case against former bitcoin-denominated platform and its operator. Earlier today, the regulator submitted a Motion at the New York Southern District Court, asking that the Court approves a settlement in the case targeting BitFunder and its operator Jon E. Montroll. According to the SEC, the proposed consent Judgment is fair and reasonable and in the public interest. Among other things, the Judgment: enjoins Montroll from violating Sections 5 and 10(b) of the Securities Exchange Act of 1934 [15 U.S.C. §§ 78e &78j(b)] and Rule ... (full story)