The ‘SEC must die lobby’ (essentially everybody in crypto-bro-conomy V1.0) are ecstatic as a judge gets the boot into Gazza G’s agency and not without reason: SEC Blasted By Judge For 'Gross Abuse Of Power' In Crypto Case (Bloomberg). This one looks messy and given it was a legal stuff up which essentially ceded the ground to the cash BTC ETFs, more “bad faith” could mean elevated risk. GG needs to manage the staff better…
While SEC VS DIGITAL LICENSING INC. dba DEBT BOX is the conclusion last month in EI 2878, February 1st, 2024, SEC had been demanding dismissal of the suit.
On a win for SEC, there is a settlement for earn: Genesis Agrees To Pay $21 Million Penalty To Settle SEC Charges (SEC) qv past discussions as recently as EI 2915, March 15th, 2024.
The letters are piling up from those on either side of the FTX sentencing argument. To put it mildly, emotions are running high: FTX Users Describe 'Emotional Toll' From Bankruptcy In Letters To Judge Ahead Of Sam Bankman-Fried's Sentencing (CoinDesk).
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