Birdwatch Note Rating
2024-05-10 23:56:09 UTC - HELPFUL
Rated by Participant: C60D67EE1016A274528F504B900976351552E6BFFFD5049AFCF95A126E3CFB2A
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