The SEC has spent a substantial time in courtroom on crypto issues, and its report of judgements is – to date – a combined bag. It misplaced badly in disputes with Ripple and Grayscale (resulting in the approval of spot bitcoin exchange-traded funds), nevertheless it’s prevailed in others, together with a latest ruling in an insider-trading case tied to a former Coinbase worker. In that case, a decide within the U.S. District Courtroom for the Western District of Washington determined the crypto property in that matter have been unregistered securities.
