Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Former SEC Chairman Gary Gensler May Have Saved This Altcoin From Disaster – Documents Revealed
By: bitcoin ethereum news|2025/05/08 18:30:02
0
Share
According to recent SEC internal documents shared by Coinbase, the New York Attorney General’s Office has requested that Ethereum (ETH) be officially classified as a security in 2023 during a lawsuit filed against cryptocurrency exchange KuCoin. Shamiso Maswoswe, Director of the New York State Bureau of Investor Protection, requested an amicus brief (friend of the court) to this effect in an email to the SEC. Maswoswe said, “While this issue is not a determining factor in the case, it would be more beneficial for investor protection if the court recognized ETH as a security.” However, the SEC did not officially respond to the New York prosecutors’ request and remained unclear about Ethereum’s legal status. The documents reveal that the SEC initially considered Ethereum a commodity, but wavered after the network switched to Proof of Stake (PoS). New York State has a unique structure when it comes to financial regulation, with the state’s Department of Financial Services overseeing both securities and commodities trading. However, pressure on crypto regulations in the US has eased since the Trump administration appointed crypto-friendly Paul Atkins to head the SEC. *This is not investment advice. Source: https://en.bitcoinsistemi.com/former-sec-chairman-gary-gensler-may-have-saved-this-altcoin-from-disaster-documents-revealed/
You may also like
Why does SpaceX, with an annual loss of 5 billion dollars and a valuation of 2 trillion dollars, captivate crypto players so much?
The story of SpaceX is not only a true narrative of a hard-tech company attempting to achieve the largest IPO in history but also an active attempt by the crypto world to draw attention from traditional finance.
Top AI Tokens to Watch in 2026: Which AI Coins Are Worth Accumulating Early?
Looking for the best AI crypto tokens to invest in before the next market cycle? This guide explains what AI coins are, why 2026 could be a key accumulation window, and which infrastructure, AI agent, and data-layer projects may have strong long-term growth potential.
Which AI Crypto Will Explode in 2026? Top AI Tokens With 1000× Potential Worth Watching
Explore the top AI crypto tokens that could surge in 2026. This guide analyzes leading AI infrastructure coins and high-growth low-cap projects with real utility, helping traders identify potential 100× opportunities while avoiding speculative narrative traps.
The "PayPal Mafia" of the AI era, from an internship to a net worth of billions
Creating billion-dollar giants like Perplexity and Cognition: Unveiling the "new gang" of the AI era formed by former Olympic champions.
The Most Crypto-Knowledgeable Fed Chair in History: What Cryptocurrencies Does Kevin Warsh Hold?
He has been called Bitcoin's "good cop of policy," and now his holdings confirm his assessment.
X Launches Cashtag, Musk's Super App Most Concrete Landing
A "message in a bottle" product that was invented, stolen, and turned into a deposit gateway
Educational | How Can the Average Person Quickly Identify Token Rug Pull and Trading Strategy?
Following the whales is meaningless; understanding their intentions is what truly matters
Rhythm X Zhihu Event Guest Announcement, featuring experts from academia, institutions, and individuals covering all aspects of the AI Agent's transformative financial model.
April 21st, Hong Kong
Is It a Dead Cat Bounce or the Bull Market Revival? How Do Traders View It?
Ceasefire Holding, Negotiations Near Agreement, Oil Price Retreats, Earnings Report Exceeds Expectations, Is This Rebound the Start of a Bull Market?
Why Can Bitcoin Rise Against the Tide of Turmoil?
When geopolitical conflicts escalate, Bitcoin strengthens due to its apolitical nature.
OpenAI and Anthropic, both pre-IPO, want to keep brawling
In this game of cat and mouse, who is reaping the benefits?
Entry is Revenue, Is YouTube Turning into a Neobank?
In the Era of Stablecoins, the Bank’s Boundaries Are Being Rewritten
NEET Reaches New High, Another Cultural Phenomenon of AI Meme
The 9-to-5 Life is a Scam
CROO officially releases the CROO Agent Protocol (CAP), building a decentralized business infrastructure for AI agents
CROO officially launched the CROO Agent Protocol (CAP) in the Base ecosystem today, providing AI agents with four core capabilities: identity, collaboration, settlement, and reputation, enabling autonomous intelligent agents to achieve commercial monetization and assetization.
Who is swimming naked, and who is breaking the waves? Analysis Report on the Comprehensive Ranking of Hong Kong Licensed Virtual Asset Trading Platforms (VATP)
The latest power ranking of 12 licensed crypto platforms in Hong Kong is out: HashKey and OSL firmly hold the top two positions, while the rising star EX.IO makes a strong comeback with RWA innovation, becoming the strongest dark horse. Click to reveal who is swimming naked and who is riding the wav...
Deconstructing RAVE Dealer Control Techniques
RAVE Extreme Control Warning: 96% of the chips are locked by whales, with contract positions exceeding spot, creating an epic short squeeze deadlock. Please be highly vigilant of the risk of OKX chain liquidations and the possibility of the manipulators closing in and crashing the market at any time...
70x in a Month: When $RAVE Put Istanbul’s Dancefloor on the Chain
A Web3 project with zero VCs and no whitepaper started with a midnight party for 200 people. Eighteen months later, its token $RAVE is up 70x, and its contract liquidations briefly eclipsed Ethereum’s. Is this just pure speculation, or are we looking at a new breed of cultural asset?
Bearish Traders Continue to Short Bitcoin | Rewire News Morning Update
Binance Perpetual Contract Funding Rate has been negative for 46 consecutive days, with open interest rising accordingly
Why does SpaceX, with an annual loss of 5 billion dollars and a valuation of 2 trillion dollars, captivate crypto players so much?
The story of SpaceX is not only a true narrative of a hard-tech company attempting to achieve the largest IPO in history but also an active attempt by the crypto world to draw attention from traditional finance.
Top AI Tokens to Watch in 2026: Which AI Coins Are Worth Accumulating Early?
Looking for the best AI crypto tokens to invest in before the next market cycle? This guide explains what AI coins are, why 2026 could be a key accumulation window, and which infrastructure, AI agent, and data-layer projects may have strong long-term growth potential.
Which AI Crypto Will Explode in 2026? Top AI Tokens With 1000× Potential Worth Watching
Explore the top AI crypto tokens that could surge in 2026. This guide analyzes leading AI infrastructure coins and high-growth low-cap projects with real utility, helping traders identify potential 100× opportunities while avoiding speculative narrative traps.
The "PayPal Mafia" of the AI era, from an internship to a net worth of billions
Creating billion-dollar giants like Perplexity and Cognition: Unveiling the "new gang" of the AI era formed by former Olympic champions.
The Most Crypto-Knowledgeable Fed Chair in History: What Cryptocurrencies Does Kevin Warsh Hold?
He has been called Bitcoin's "good cop of policy," and now his holdings confirm his assessment.
X Launches Cashtag, Musk's Super App Most Concrete Landing
A "message in a bottle" product that was invented, stolen, and turned into a deposit gateway
App