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SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says.DigitalChamber’s founder PerianneDC says the SECGov is using the TheJusticeDept’s case against a former Coinbase manager in a bid to label certain tokens as securities. This could have huge implications for the crypto industry. _franvela reports
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Chamber of Digital Commerce CEO Reacts to Coinbase Insider Trading CaseThe Chamber of Digital Commerce Founder and CEO Perianne Boring joins 'First Mover' to discuss why the crypto lobbying group is urging a federal court to dismiss a case against an ex-Coinbase staffer, arguing it unfairly labels several cryptocurrencies as securities. A blog post from the group reads in part that the litigation between the SEC vs. Wahi 'is an unprecedented, stealth attempt to expand the agency’s jurisdictional reach.' Boring told CDTV's First Mover, 'we see this action as seriously concerning and would have significant ramifications for the digital asset industry.'
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Morgan Stanley is cooperating with U.S. regulators on block-trading probeMorgan Stanley said it was cooperating with U.S. regulators over investigations into its block-trading practices and providing authorities with information, according to a filingon Friday.
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Solana Network Stumbles, On-Chain Trading Slows After ‘Forking’ IncidentUPDATE: Solana validators are attempting to restore the network's speed by reverting to older software, a possible fix that could take hours. Restarting the chain is seen as a 'last resort.' realDannyNelson reports
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Say No to the Dress: Why Women Are Trading Gowns for Wedding SuitsBianca Jagger stunned onlookers when she opted to wear a Yves Saint Laurent skirt suit to wed Mick in 1971—an unconventional look that’s more relevant than ever. How to conjure her subversive style.
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