One of the latest hot topics in crypto has been the recent rise in meme coin support. Meme coins come in all sorts: ones that predict Taylor Swift’s pregnancy and dog-themed meme coins. While many of these have started out as just memes without monetary value, the dog-themed meme coins Shiba Inu and Dogecoin, for … Continue reading Keeping up with the Altcoin Craze: PoliFi
As the weather begins to chill in November, the College Football Playoff race heats up. This year, the race, along with the last few years, has sported changes regarding what schools are playing sports where. In fact, seven of ten Football Bowl Subdivision conferences have or will undergo membership changes. Somewhat similar, but somewhat different, … Continue reading The Big Twelve: Crypto
Tomorrow, Sam Bankman-Fried will take the courthouse stage, facing 21 days in court during his criminal trial scheduled to end on November 9th. Specifically, SBF stands accused of seven counts of conspiracy and fraud relating to the collapse of FTX, including fraud, money laundering and campaign finance offenses in addition to commodities fraud, securities fraud, … Continue reading SBF’s Upcoming Trial: A Checklist
Update oncourters, today is no longer the day the SEC will decide on all the spot bitcoin exchange-traded fund (ETF) applications filed by applicants earlier this year; the SEC has now delayed making a decision to October. Such applicants include BlackRock, WisdomTree, Invesco Galaxy, Wise Origin, VanEck, Bitwise, and Valkyrie Digital Assets. The delay means … Continue reading SEC Defers Decisions on Six ETF Applications
On August 29th, 2023, after previous rejection, an appeals court held that the SEC must review Grayscale’s ETF bid. Specifically, the court noted the SEC's decision to reject the Grayscale Bitcoin ETF application was "arbitrary and capricious" in its ruling. As per the filings, See https://www.docdroid.net/vrehbKf/dc-cir-22-1142-01208547571-0-pdf, the court hereby ordered Grayscale's petition for review to … Continue reading The Salvation from the Crypto Winter: Appeals Court Rules SEC Must Review Grayscale’s ETF Bid
The SEC’s approach—regulation by enforcement—towards regulating the uncharted crypto sphere is one of the few seemingly predictable aspects of crypto. Continuing its approach of regulation by enforcement, the SEC has charged crypto exchange Kraken for conducting an illegal unregistered securities offering through its staking-as-a-service (SaaS) program. Staking-as-a-service is essentially when a trusted staking provider lets … Continue reading The SEC is Kraken Down
Breaking news in the Web3 space, the SEC is now probing crypto leader Yuga Labs over unregistered offerings, specifically the leader’s NFTs and ApeCoin, a cryptocurrency issued by ApeCoin DAO that was adopted by Yuga. At issue is whether non fungible tokens (NFTs) are investment contracts and thus securities. To determine whether NFTs are securities, … Continue reading Webs Galore in Web3: NFTs in the SEC’s Eye
If an NFT buyer does not garner exclusive ownership when buying an NFT then why even invest in an NFT in the first place? How does one even become an NFT creator or buyer? These questions are adding to the ambiguity surrounding the world of NFTs. As our traditional industries have already begun to partake … Continue reading The Legal Nuances of Fractionalized NFTs
on court with steph 