A panel of judges heard oral arguments within the Grayscale Investments go well with in opposition to america Securities and Commerce Fee (SEC) on March 7. Grayscale is difficult the SEC order to not approve Grayscale’s utility to create a (BTC) spot exchange-traded fund (ETF). The SEC issued its order on July 6, 2022.
Former solicitor common Donald Verrilli Jr. represented Grayscale and SEC senior counsel Emily Parise spoke for the SEC earlier than Chief Choose Sri Srinivasan and Judges Neomi Rao and Harry Edwards within the District of Columbia Circuit Courtroom of Appeals. Verrilli opened, saying:
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