Birdwatch Note Rating
2023-08-31 04:08:14 UTC - HELPFUL
Rated by Participant: ADE04BDB09E499F2686EE83C8B6C562845310A46D68CB58D67B970581B871503
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