SEC

U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

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U.S. SEC Counters Ripple in Ongoing Effort to Appeal Groundbreaking XRP Ruling

Judge Torres ruled in July that Ripple violated federal securities law in its sale of XRP to institutional investors, but not to retail investors. However, Judge Jed Rakoff disagreed with this ruling in a separate case brought by the SEC. The SEC referenced this disagreement in its first memo and recent filing in an effort … Read more

Grayscale CEO Hints at Pursuing a Bitcoin Spot ETF Bid

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Grayscale btc etf

Grayscale Court Verdict Grayscale, known for its role in facilitating crypto investments and managing digital assets, recently celebrated a court verdict that annulled the SEC’s block on their proposed Bitcoin ETF. Grayscale CEO Michael Sonnenshein expressed his delight at this development, considering it a historic moment that raised hopes for the eventual launch of the … Read more