Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
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Bittrex, a cryptocurrency exchange, has made a notable move in its legal dispute with the United States Securities and Exchange Commission (SEC) by submitting a motion to dismiss the lawsuit filed against it. In its recent court filing, Bittrex argues that the SEC does not possess the necessary authority to regulate cryptocurrencies as securities unless explicitly granted by Congress. This assertion challenges the SEC’s interpretation of existing securities regulations and seeks to establish a more defined regulatory framework that accommodates the distinct characteristics of digital assets. In its motion to dismiss, Bittrex has adopted a similar approach to Coinbase, aligning
A fresh court filing has put the bittrex settlement back in focus, as the exchange asks a federal judge to unwind a $24 million deal with the SEC. What Bittrex is asking the court to do In a federal court motion filed last week, Bittrex said the agency has moved…
Not long ago, Bittrex – a popular digital currency exchange – settled the lawsuit that had been filed against it by the Securities and Exchange Commission (SEC). The financial agency has had it in for the firm (like it has with many others), and the company is now looking to…