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The SEC is taking on half the #crypto industry in court at once. That could be a fatal error, given the industry’s combined legal firepower. Via Cointelegraph Magazine, Feat the @BlockchainAssn
The reason why the SEC passes the Ethereum spot ETF is mainly due to the correlation between CME Ethereum futures and certain spot Ethereum trading platforms. SEC documents provide data evidence of high correlation, and the monitoring and sharing agreements of CME and others can help prevent fraud and manipulation.
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