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The United States Securities and Exchange Commission has asked a federal judge to deny Coinbase’s motion to dismiss a lawsuit by the regulator.In an Oct. 3 filing in a New York District Court, the SEC hit back at claims in Coinbase’s dismissal motion and reiterated its belief that some of
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Nothing otherwise illegal is somehow rendered lawful by the right for people to transact freely: bad behavior is still policed, but not through arbitrary, centralized control over the means of exchange itself. And of course, we need to pursue the one practical route available to us to counteract the slide
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"After the Commission has had the opportunity to fully analyze the court’s opinion in light of the record, including the reasons for rejection set forth ... we believe the Commission should conclude that there are no grounds for treating the Trust differently from ETPs that invest in bitcoin futures contracts,"
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As the deadline approaches for the decision to opt out of the existing $22 million settlement with Block.one (B1), the company responsible for the initial sale of EOS in a $4 billion initial coin offering (ICO)
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Artificial intelligence (AI) brings yet another industry into a hot debate over its usage as Hollywood and the greater media industry faces petitions from the Writers Guild of America (WGA).WGA recently sent out a list of demands which included the regulation of AI usage on the minimum basic agreement (MBA)
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The Creditors’ rejection follows a veto by Voyager itself. Source
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The proposed restructuring plan would have allowed Hodlnaut directors who were at the helm during its collapse to continue managing the company. Liquidation would "maximize the company's remaining assets available for distribution," one of the creditors, Algorand Foundation, wrote in the filing. Source
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Brian Simms, the court-appointed provisional liquidator overseeing the bankruptcy proceedings of FTX Digital Markets in The Bahamas, has called into question the validity of a Chapter 11 bankruptcy filing by subsidiary FTX Trading and 134 other affiliates in a Delaware court on Nov. 14.In the Nov. 15 document, Simms filed
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The Ethiopian government has instructed banks to reject requests for foreign currency to buy so-called non-priority products. The Ethiopian Minister of Industry Melaku Alebel Addis has defended the move, saying this will allow local manufacturers to grow and become competitive. The restrictions are set to remain in force for an
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Dogecoin (DOGE), the biggest meme cryptocurrency by market cap, has gained 21% in the past seven days to trade near $0.09, the most since June 1. Shiba inu (SHIB), the self-proclaimed dogecoin killer, rallied more than 50%, hitting a three-month high of $0.00001700, according to CoinDesk data. Market leaders bitcoin
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