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Showing posts with the label suing

The Attorney General of New York is suing DCG, Genesis, and Gemini for allegedly scamming investors.

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In the realm of content creation, three key factors come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of textual expression. Burstiness, on the other hand, assesses the diversity of sentence structures. Lastly, predictability denotes the likelihood of anticipating the subsequent sentence. Typically, human authors infuse their writing with a vibrant burstiness, interweaving complex and concise sentences. In contrast, AI-generated text tends to be more uniform. Thus, for the upcoming content I’m requesting you to craft, it’s imperative that we infuse it with a substantial measure of perplexity and burstiness, while keeping predictability at a minimum. Moreover, please adhere to English as the sole language for this endeavor. Now, let’s transform the provided text: The New York Attorney General, Letitia James, has unveiled a damning indictment against several cryptocurrency companies ...

Chamber of Digital Commerce alleges SEC is suing the equivalent of a “grocery store selling oranges”

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The United States-based Chamber of Digital Commerce has joined a collective effort to challenge the lawsuit between the SEC and Binance. In an amicus brief dated Oct. 19, the advocacy group aims to halt the SEC’s attempt to oversee the cryptocurrency industry without authorization from the U.S. Congress. Tokens are not a security The Chamber of Digital Commerce has since appealed to the court that the lawsuit between Binance and the SEC should be dismissed, as the legal entity has exceeded its jurisdiction, and digital assets not constituting investment contracts do not meet the criteria for Exchange Act registration requirements. “The SEC is suing the equivalent of a grocery store selling oranges and other fruit or an online ecommerce marketplace, like Amazon,” the brief states. “Tokens alone are not securities, and the markets they are available to buy and sell are not securities exchanges.” You might also like: Binance vs. SEC update, BNB and Monero fir...