It’s unclear what will come from Bittrex’s lawsuit with the SEC, which accused the firm of listing six cryptocurrencies that are securities – DASH, ALGO, OMG, TKN, NGC and IHT – in an argument that worried some crypto lawyers as setting a dangerous precedent. Considering what ended up on Bittrex, things maybe could’ve been worse. The exchange said its global operations, headquartered in Liechtenstein, will remain in business and that its 100,000 U.S. creditors will be made whole after the bankruptcy – including its largest benefactor, the U.S. Treasury’s Office of Foreign Asset Control (OFAC). All I know is I had FUN while it lasted.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...