🇺🇸 Bittrex Challenges SEC's Authority in Lawsuit Dismissal Motion
Cryptocurrency exchange Bittrex has submitted a motion to dismiss in its legal dispute with the United States Securities and Exchange Commission (SEC). Bittrex argues that the SEC does not have the authority to regulate cryptocurrencies as securities unless explicitly granted by Congress. This assertion challenges the SEC’s interpretation of existing securities regulations and seeks to establish a more defined regulatory framework accommodating digital assets. In its motion to dismiss, Bittrex has adopted a similar approach to Coinbase, aligning its arguments closely with those made by the larger cryptocurrency exchange. This alignment indicates a strategic move by Bittrex to capitalize on the robust legal framework established by Coinbase and construct a unified defense against the SEC’s lawsuit. Bittrex’s legal team identifies what they perceive as shortcomings in the SEC’s allegations regarding the trading of investment contracts. While both defendants acknowledge that the initial sale of certain crypto assets could be classified as securities contracts, they contend that the same classification does not extend to assets traded on secondary markets.
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Cryptocurrency exchange Bittrex has submitted a motion to dismiss in its legal dispute with the United States Securities and Exchange Commission (SEC). Bittrex argues that the SEC does not have the authority to regulate cryptocurrencies as securities unless explicitly granted by Congress. This assertion challenges the SEC’s interpretation of existing securities regulations and seeks to establish a more defined regulatory framework accommodating digital assets. In its motion to dismiss, Bittrex has adopted a similar approach to Coinbase, aligning its arguments closely with those made by the larger cryptocurrency exchange. This alignment indicates a strategic move by Bittrex to capitalize on the robust legal framework established by Coinbase and construct a unified defense against the SEC’s lawsuit. Bittrex’s legal team identifies what they perceive as shortcomings in the SEC’s allegations regarding the trading of investment contracts. While both defendants acknowledge that the initial sale of certain crypto assets could be classified as securities contracts, they contend that the same classification does not extend to assets traded on secondary markets.
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PythonCryptoLTD
⚡️⚡️#INJ/USDT⚡️⚡️ Signal Type: Long Leverage: Cross 20x Entry Targets: 8.827 8.55 Take-Profit Targets: 1) 8.840 2) 8.865 3) 8.890 4) 8.930 5) 8.980 6) 9.030 7) 9.100 8) 9.180 Stop-Loss: 8.35
Binance Futures, ByBit USDT, KuCoin Futures
#INJ/USDT Take-Profit target 4 ✅
Profit: 12.2918% 📈
Period: 2 Hours 59 Minutes ⏰
#INJ/USDT Take-Profit target 4 ✅
Profit: 12.2918% 📈
Period: 2 Hours 59 Minutes ⏰
Binance Futures
#ID/USDT Take-Profit target 2 ✅
Profit: 30.2072% 📈
Period: 1 Days 16 Hours 56 Minutes ⏰
#ID/USDT Take-Profit target 2 ✅
Profit: 30.2072% 📈
Period: 1 Days 16 Hours 56 Minutes ⏰
Binance Futures
#ID/USDT Take-Profit target 3 ✅
Profit: 46.5988% 📈
Period: 1 Days 17 Hours 10 Minutes ⏰
#ID/USDT Take-Profit target 3 ✅
Profit: 46.5988% 📈
Period: 1 Days 17 Hours 10 Minutes ⏰
PythonCryptoLTD
⚡️⚡️#INJ/USDT⚡️⚡️ Signal Type: Long Leverage: Cross 20x Entry Targets: 8.827 8.55 Take-Profit Targets: 1) 8.840 2) 8.865 3) 8.890 4) 8.930 5) 8.980 6) 9.030 7) 9.100 8) 9.180 Stop-Loss: 8.35
Binance Futures, ByBit USDT, KuCoin Futures
#INJ/USDT Take-Profit target 5 ✅
Profit: 16.7667% 📈
Period: 4 Hours 3 Minutes ⏰
#INJ/USDT Take-Profit target 5 ✅
Profit: 16.7667% 📈
Period: 4 Hours 3 Minutes ⏰
Binance Futures, ByBit USDT, KuCoin Futures
#GMX/USDT Take-Profit target 5 ✅
Profit: 30.7582% 📈
Period: 23 Hours 51 Minutes ⏰
#GMX/USDT Take-Profit target 5 ✅
Profit: 30.7582% 📈
Period: 23 Hours 51 Minutes ⏰
Binance Futures, ByBit USDT, KuCoin Futures
#TRB/USDT Take-Profit target 3 ✅
Profit: 86.1009% 📈
Period: 23 Hours 35 Minutes ⏰
#TRB/USDT Take-Profit target 3 ✅
Profit: 86.1009% 📈
Period: 23 Hours 35 Minutes ⏰
⚡️⚡️#CFX/USDT⚡️⚡️
Exchanges: Binance Futures
Signal Type: Quick_Scalp(Long)
Leverage: Cross(10X_50X)
Margin: 2.0%
Entry Targets:
1) 0.207
2) 0.200
Take-Profit Targets:
1) 0.213
2) 0.224
3) 0.238
4) 0.250
5) 0.280
Stop Targets: 0.190
Exchanges: Binance Futures
Signal Type: Quick_Scalp(Long)
Leverage: Cross(10X_50X)
Margin: 2.0%
Entry Targets:
1) 0.207
2) 0.200
Take-Profit Targets:
1) 0.213
2) 0.224
3) 0.238
4) 0.250
5) 0.280
Stop Targets: 0.190
#OCEAN/USDT
Signal Type: Long
Leverage: Cross 20x
Entry Targets: 0.3302 0.3100
Take-Profit Targets:
1) 0.3325
2) 0.3350
3) 0.3375
4) 0.3415
5) 0.3465
6) 0.3520
7) 0.3650
8) 0.3750
Stop-Loss: 0.295
SPOT + FUTURE
GEM COIN
Signal Type: Long
Leverage: Cross 20x
Entry Targets: 0.3302 0.3100
Take-Profit Targets:
1) 0.3325
2) 0.3350
3) 0.3375
4) 0.3415
5) 0.3465
6) 0.3520
7) 0.3650
8) 0.3750
Stop-Loss: 0.295
SPOT + FUTURE
GEM COIN
Binance Futures, KuCoin Futures
#OCEAN/USDT Take-Profit target 5 ✅
Profit: 51.0236% 📈
Period: 4 Days 10 Hours 40 Minutes ⏰
#OCEAN/USDT Take-Profit target 5 ✅
Profit: 51.0236% 📈
Period: 4 Days 10 Hours 40 Minutes ⏰
PythonCryptoLTD
⚡️⚡️#TRU/USDT⚡️⚡️ Signal Type: Long Leverage: Cross 20x Entry Targets: 0.04206 0.04100 Take-Profit Targets: 1) 0.04225 2) 0.04245 3) 0.04270 4) 0.04305 5) 0.04345 6) 0.04390 7) 0.04450 8) 0.04510 Stop-Loss: 0.0399
Binance Futures, ByBit USDT, KuCoin Futures
#TRU/USDT Take-Profit target 1 ✅
Profit: 9.0347% 📈
Period: 6 Hours 40 Minutes ⏰
#TRU/USDT Take-Profit target 1 ✅
Profit: 9.0347% 📈
Period: 6 Hours 40 Minutes ⏰
PythonCryptoLTD
⚡️⚡️#TRU/USDT⚡️⚡️ Signal Type: Long Leverage: Cross 20x Entry Targets: 0.04206 0.04100 Take-Profit Targets: 1) 0.04225 2) 0.04245 3) 0.04270 4) 0.04305 5) 0.04345 6) 0.04390 7) 0.04450 8) 0.04510 Stop-Loss: 0.0399
Binance Futures, ByBit USDT, KuCoin Futures
#TRU/USDT Take-Profit target 2 ✅
Profit: 13.7898% 📈
Period: 7 Hours 7 Minutes ⏰
#TRU/USDT Take-Profit target 2 ✅
Profit: 13.7898% 📈
Period: 7 Hours 7 Minutes ⏰