Birdwatch Note Rating
2024-05-10 22:45:06 UTC - HELPFUL
Rated by Participant: 614FD0ED5F705655E0C9904643F91656F328290FE1229DA0CA73573BFE85F8F1
Participant Details
Original Note:
NNN. The proposed community note claims that the SEC is "upholding the law". This is factually incorrect. Judge Naomi Rao called the SEC's decision to block an ETF “arbitrary and capricious because the regulator failed to explain why it approved similar products." https://www.bloomberg.com/news/articles/2023-10-23/grayscale-gets-court-order-in-fight-with-sec-over-bitcoin-etf
All Note Details