#FTX OPTIMISM FULL#

#FTX OPTIMISM FULL#

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When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. Today, investors should continue monitoring the crypto news wires for updates on FTX and rulings from the SEC v Ripple case. Reports of a possible FTX reboot supported a broad-based crypto rally. While sentiment toward the SEC v Ripple case was positive, FTX news delivered the breakout session. After leaving the SEC, Hinman returned to Simpson Thacher. The contentious issue with the speech related to Hinman’s connection with Simpson Thacher, which is part of a group that promotes Enterprise Ethereum. A ruling against the SEC could force the SEC down the settlement road.Īs background, former SEC Director of the Division of Corporation Finance William Hinman said that Bitcoin ( BTC) and Ethereum ( ETH) are not securities. Having failed to shield the documents under the attorney-client privilege, SEC filed motions to redact content from the speech-related documents. Investors are awaiting several pivotal Court rulings, including the decision on the Hinman speech-related documents. The references to the Hinman speech-related documents emphasized the importance of the documents to both parties. Garlinghouse also pointed out that the SEC did not state that XRP would be a security in three separate meetings before later turning around and labeling XRP as a security. “When those come to light, I think you will see more kind of like, how is it possible for the SEC to decide to bring a case against Ripple given what they were saying within their own walls.” Talking from Davos, Garlinghouse discussed the importance of the William Hinman speech-related documents, saying, While there were no updates, Ripple CEO Brad Garlinghouse provided a view on the all-important William Hinman speech-related documents. It was a quiet Thursday session, with no Court filings in the ongoing SEC v Ripple case for investors to consider. SEC v Ripple and FTX News Delivers an XRP Rebound

Ftx optimism