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SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense

A recent court judgment further weakens a key defense made by technology firm Ripple Labs in its ongoing legal battle with the United States Securities and Exchange Commission (SEC), the regulator has claimed to a federal judge.In an April 11 letter to U.S. District Judge Analisa Torres, who is overseeing

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Tesla’s SEC Filing Shows Bitcoin Fair Market Value of $191 Million – Featured Bitcoin News

Tesla’s latest filing with the U.S. Securities and Exchange Commission (SEC) shows that the fair market value of the company’s bitcoin holdings was $191 million at the end of 2022. In addition, billionaire Elon Musk’s electric car company recorded $204 million of impairment losses resulting from changes in the prices

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Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS – Bitcoin News

Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would challenge the funding granted to the U.S. tax agency in the previous year. Biden Administration Opposes Bill

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CoinShares’ Twitter bot gives a ‘fair price’ on NFTs, some disagree

Digital asset manager CoinShares has launched an experimental Twitter bot that will, in theory, enable users to check the estimated fair market value of specific nonfungible tokens (NFTs), though a few have been less than enthused about the estimates given. The firm announced the bot dubbed “CoinSharesNFTAI” via Twitter on Oct.

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CoinShares Releases Experimental AI Bot That Tries to Calculate the Fair Price for an NFT

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