Grayscale secures a big win against SEC in Bitcoin ETF case
U.S. court rules in favour of Grayscale in its lawsuit against SEC. Today’s ruling paves the way for the first U.S. Bitcoin ETF. Bitcoin and Ethereum jumped over 5.0% following the news. The U.S. Court of Appeals for the DC Circuit just ruled in favour of Grayscale in its long-running lawsuit against the Securities & […]
CFTC wins a record $3.4B penalty payment in a Bitcoin-related fraud case
This is the largest fraud case involving Bitcoin that CFTC has cracked so far. The case involved the CEO of Mirror Trading International Proprietary Limited (MTI). Half of the $3.4B will go toward providing restitution to victims of MTI’s fraudulent activities. A Texas court has ordered Johannes Steynberg, the CEO of Mirror Trading International Proprietary […]
Crypto VC exec on bulls’ case
Chris Burniske says Ethereum could outperform Bitcoin in March due to the Shanghai upgrade. Burniske is a partner at crypto-focused VC Placeholder and formerly of ARK Invest (crypto division). According to the investor, pullbacks are likely to remain “within current uptrend.” Chris Burniske, partner at venture capital firm Placeholder and former head of crypto ARK […]