Birdwatch Note Rating
2024-05-11 02:27:33 UTC - HELPFUL
Rated by Participant: A9FFB20C8C2A4B48AB4A436128FF58CAB908158EE210739382D15133357FBCBA
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