Oral arguments for Grayscale vs. SEC set for Mar. 7 as executives continue media blitz Cryptocurrencies
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!
Grayscale executives have been engaged in a media blitz in support of their lawsuit since filing their latest response brief on Jan. 20. The Wall Street Journal also published a letter from Sonnenshein on Jan. 23 in which he said the SEC “flouted the precedent set by its approval of multiple ETFs that hold bitcoin futures” when they denied the Grayscale ETF application, while also failing to use their existing powers to effectively prevent fraud at FTX.
On June 29, Grayscale announced that it was suing the SEC, the same day that the regulator announced they were rejecting the company's spot Bitcoin ETF. The SEC argued that Grayscale's application failed to meet the standard designed to prevent fraudulent practices and offered insufficient protection to investors.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto firms struggle to go public due to SEC scrutiny in the wake of FTXs' collapseThe U.S. SEC has increased its scrutiny of crypto companies trying to go public following the collapse of FTX, making it a challenge for Circle and eToro to get listed.
Read more »
Alberta First Nation school finds textbook way to keep language aliveKANANASKIS, Alta. — The Stoney Nakoda First Nation in southwestern Alberta is using the written word as a way to preserve its traditional oral language.
Read more »
Alberta First Nation school finds textbook way to keep language aliveKANANASKIS, Alta. — The Stoney Nakoda First Nation in southwestern Alberta is using the written word as a way to preserve its traditional oral language.
Read more »
'Bizarre' fictional COVID-19 report, penned by Preston Manning, resurfaces on social mediaThe man Alberta is paying $253,000 to find out what went right – and wrong – with the province's pandemic response has already come to his own conclusions in a report published online last spring.
Read more »
Alec Baldwin Criticized For Sharing First Personal Social Media Post Since Involuntary Manslaughter ChargesSocial media users weren't sure what to think of Alec Baldwin's first personal social media post since it was revealed that he was set to be charged with involuntary manslaughter after the tragic “Rust” shooting in October 2021. Cinematographer Halyna Hutchins died on set after a gun that the actor was holding went off during…
Read more »
Meghan Markle Was ‘More Wary’ Than Prince Harry About His Tell-All Book Release And ‘Raised Gentle Concerns,’ Sources SayMeghan Markle may have raised 'gentle concerns' about the way Prince Harry went about his Spare release, sources have said. According to The Telegraph, insiders suggested 'that media-savvy Meghan was slightly more circumspect about the concept of a memoir and may have raised gentle concerns about whether it was the right move. 'No stranger to…
Read more »