SEC Loses - big moment for Crypto and Markets (Patreon)
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SEC has now lost Ripple and Grayscale in rapid succession. They now have absolutely no case against Coinbase.
There's a possibility of appealing, followed by further court proceedings. Grayscale will secure victory once more, leading to another round of appeals, potentially even reaching the Supreme Court. It's conceivable that the final decision favoring Grayscale might not materialize immediately—perhaps around 2024—but it's widely anticipated to occur eventually.
The case ruling:
Discount on GBTC cratered to 16.5%. ETHE should follow soon.
What a day team.... while I only bought a little BTC during this dip I did go extraordinarily long on MSTR with a ton of put selling and call buying. Well that has needless to say done very well despite the high risk of the move.