Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays
The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms.
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The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms.
The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign.
Crypto-focused lawyer Jeremy McLaughlin said the U.S. digital asset industry may re-ignite as the country's securities regulator racks up court losses.
Along with longshot Democratic hopeful Robert F. Kennedy Jr., Francis Suarez was one of the few openly crypto-friendly candidates running in 2024.
The SEC may have a limited window to appeal the court decision, while Grayscale could move forward with an amended application for its spot Bitcoin exchange-traded fund.
According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret.
Lawyers questioned a judge’s decision to revoke bail on Aug. 11, claiming SBF speaking to a journalist about Caroline Ellison was “protected First Amendment activity.”
The U.S. Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his lawyers claimed was too much to access from jail before trial.
The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch.
Judge Lewis Kaplan said the order was in line with the U.S. government’s Aug. 18 proposal for the former FTX CEO to access discovery materials.