SEC Admits Mistake on Crypto Asset Securities
The SEC has recently filed a request to modify its original complaint against Binance, Binance.US, and co-founder Changpeng Zhao.
The U.S. Securities and Exchange Commission (SEC) has filed a motion to amend its original complaint in the ongoing legal battle with Binance, Binance.US, and co-founder Changpeng "CZ" Zhao. This updated filing comes after a recent district court ruling denied crypto exchange Kraken’s attempt to dismiss similar allegations.
In a bombshell revelation, the SEC has now dropped its claim that ten major crypto tokens, including Solana (SOL), Cardano (ADA), and Polygon (MATIC), are considered securities. This marks a significant shift in the regulatory body's stance.
This change comes as a response to the recent court decision in the Kraken case, where the SEC's broad definitions faced significant judicial pushback. The updated complaint aims to correct earlier misunderstandings and align with the court's findings.
The newly filed documents include a redlined version of the proposed amended complaint, showing exactly what has been changed. The SEC has also included the court order from the Kraken case to provide context and clarity on its revised position.
Coinbase CLO Responds to SEC Filing on X
Paul Grewal, Chief Legal Officer at Coinbase, quickly responded to the SEC's filing on X, pointing out an important note in the updated complaint. Grewal highlighted that the SEC has now acknowledged it may have confused certain tokens as securities. This marks a significant shift in the SEC's position.
"The SEC finally admits that 1/ "crypto asset security" is a made up term and 2/ to prove a "crypto asset security" is an investment contract, the SEC needs evidence of a bundle of "contracts, expectations, and understandings"? Think it's time for @SECgov to admit it has… https://t.co/iJIYTnNvxs pic.twitter.com/E58Pft7irc"
Meanwhile, Ripple's Chief Legal Officer Stuart Alderoty commented on the filing, observing that while Ethereum (ETH) seems to have avoided the SEC's scrutiny, the ten tokens still face regulatory challenges.
"The SEC seems to have finally realized that ETH can no longer be called a security after the Supreme Court ruling. However, the tokens on this list (X) are still subject to the SEC's overreach. But don't worry, the SEC will continue to allege that these assets are sold as investment contracts and will pursue regulatory enforcement against them. Pay no attention to the fact that the tokens are fully functional and decentralized with thriving communities and use cases. According to the SEC, that doesn’t matter. Only their definition of an 'investment contract' matters. And they will use that definition to continue their witch hunt against crypto."
However, the SEC continues to allege that these assets are sold as investment contracts and will pursue regulatory enforcement against them.
以上是SEC Admits Mistake on Crypto Asset Securities的详细内容。更多信息请关注PHP中文网其他相关文章!

随着恐惧在加密货币市场的销售驱动器,诸如Cardano和Solana之类的主要硬币面临艰难时期。

关键市场指标,例如比特币与市场波动率(BTC/VIX比率)之间的关系以及每周图表上的加密市值总资本化

检察官周五说,一名宾夕法尼亚州的男子承认从臭名昭著的Cryptopunks NFT收藏中翻转价值超过1300万美元的数字艺术后,面临联邦监狱。

热AI工具

Undresser.AI Undress
人工智能驱动的应用程序,用于创建逼真的裸体照片

AI Clothes Remover
用于从照片中去除衣服的在线人工智能工具。

Undress AI Tool
免费脱衣服图片

Clothoff.io
AI脱衣机

AI Hentai Generator
免费生成ai无尽的。

热门文章

热工具

适用于 Eclipse 的 SAP NetWeaver 服务器适配器
将Eclipse与SAP NetWeaver应用服务器集成。

DVWA
Damn Vulnerable Web App (DVWA) 是一个PHP/MySQL的Web应用程序,非常容易受到攻击。它的主要目标是成为安全专业人员在合法环境中测试自己的技能和工具的辅助工具,帮助Web开发人员更好地理解保护Web应用程序的过程,并帮助教师/学生在课堂环境中教授/学习Web应用程序安全。DVWA的目标是通过简单直接的界面练习一些最常见的Web漏洞,难度各不相同。请注意,该软件中

SublimeText3 英文版
推荐:为Win版本,支持代码提示!

记事本++7.3.1
好用且免费的代码编辑器

Atom编辑器mac版下载
最流行的的开源编辑器