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What will be the final court decision on the coalition of seven U.S. states challenging the SEC's crypto regulation by June 30, 2025?
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Resolution / Starting Odds
In favor of the coalition • 25%
In favor of the SEC • 25%
Partial ruling in favor of both • 25%
Case dismissed • 25%
Court ruling documents, publicly available legal databases, or official announcements from the involved states or the SEC
Story
Seven U.S. States Challenge SEC's Crypto Regulation with July 10 Brief
Jul 22, 2024, 03:32 AM
A coalition of seven U.S. states has united to challenge the U.S. Securities and Exchange Commission's (SEC) regulation of cryptocurrency. The states involved include Iowa, Arkansas, Indiana, Kansas, Montana, Nebraska, and Oklahoma. The coalition, led by Iowa Attorney General Brenna Bird, filed an amicus brief on July 10. The brief criticizes the SEC's alleged illegal behavior of bypassing the new powers granted to it by Congress and calls on the court to address these concerns.
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