SEC
Worldcoin’s WLD Drops as Elon Musk Sues OpenAI; Robinhood Teams Up With Arbitrum
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Reuters report on Elon Musk's lawsuit against OpenAI and CEO Sam Altman for breach of contract. Plus, a group of state attorneys general are arguing that the SEC exceeded its authority in suing the crypto exchange Kraken. And, the latest announcements coming out of ETHDenver on Robinhood's partnership with Arbitrum.
SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge
State attorneys general argue that the SEC is trying to claim jurisdiction that rightfully belonged to states.
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver.
U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance
The House Financial Services Committee also adopted a bill giving the U.S. Secret Service more resources to investigate crypto crimes.
Is Morgan Stanley Joining the Spot ETF Hype? SEC Objects Retainer Payment to Terraform's Lawyers
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Wall Street giant Morgan Stanley performing due diligence to add spot bitcoin ETF products to its brokerage platform, according to two people familiar with the matter. Plus, the latest update on the legal dispute between Terraform and the SEC. And, why miners are still selling their bitcoin as reward halving nears.
SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters
Additionally, the SEC has said that Terraform should not be allowed to hire law firm Dentons or pay litigation costs for employees, the report said.
Looking at Kraken's Motion to Dismiss an SEC Lawsuit
There's some familiar arguments, and they all point to one conclusion: This is going to take a while.
In Lejilex vs. SEC, Crypto Goes on Offense in the Courts
The Texas-based crypto firm's new lawsuit shows how the industry can use “impact litigation” to get regulatory clarity, lawyers Jake Chervinsky and Amanda Tuminelli write.
Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows
Tiger sold 38,850 shares during the fourth quarter.
