Birdwatch Note Rating
2023-08-29 19:50:48 UTC - HELPFUL
Rated by Participant: C0DA0E1225995F1773D4CDF8D1BD8BB52A242F9478D0896DFDF73F8ED431A17A
Participant Details
Original Note:
This is post is inaccurate and misleading. While Grayscale did win a lawsuit against the SEC, it was not a win to convert its fund to a Spot Bitcoin ETF. The judge simply ruled Grayscale's petition for review be granted and the commission's order be vacated. https://www.coindesk.com/policy/2023/08/29/sec-must-review-grayscales-etf-bid-appeals-court-rules/ https://watcher.guru/news/crypto-asset-manager-grayscale-wins-lawsuit-against-the-sec https://www.docdroid.net/vrehbKf/dc-cir-22-1142-01208547571-0-pdf
All Note Details