@sassal0x Am i dreaming or is the Sassalbreak shifting X's hostile, aggressive CT state? I only see friendly, grown up, comments agreeing. Mr Daily Gwei please abort the hollydays and get back ranting emediately u are breaking crypto twitter!!!
@elonmusk @ Elon Musk, sorry off topic but i would really like Hyundai Ionic 5N sounds and shifts in the next Tesla upgrades and i promise i will buy one. Preferably in a model 3, S or roadster! Thanks a lot in advance!!!
BlackRock USD Institutional Digital Liquidity fund (BUIDL) has surpassed $500 million in market value, making it the highest-valued tokenized treasury fund in the world.
Securitize CEO Carlos Domingo discusses why it has been so successful https://t.co/WheOpp7xJC
@CryptoMichNL We did peak. What peaked was the pre bull-cycle etf anomaly rally. Now waiting for retail and the regular 4 year rally, it is going to come soon and this bull is going to be madly raging! Enjoy responsibly!
@EthereanVibin This cycles Gwei will be victorious!
Agreed up until now only recycled etf gains pumping shit, once cylce starts and fundamentals kick in, we are in for a magnificent ride.
The Supreme Court just mandated that the SEC can't handle fraud cases in-house going forward
A 101 Breakdown ๐
The Supreme Court has ruled that the Securities and Exchange Commission (SEC) cannot use in-house proceedings to enforce fraud cases, mandating jury trials in federal court instead.
What's the scoop?
- In a 6-3 decision, the justices declared that the SECโs in-house civil fraud proceedings violate the Constitution.
- Notably, the ruling affects other federal agencies that rely on in-house proceedings for civil penalties.
- For the majority opinion, Chief Justice John Roberts emphasized the right to a jury trial before a neutral adjudicator for those accused of fraud.
- In the dissent, Justice Sonia Sotomayor warned that the decision undermines many federal agencies' enforcement capabilities, calling it a victory for those seeking to dismantle the administrative state.
- The decision stemmed from the case of Houston hedge fund manager George R. Jarkesy, who was fined $300,000 and ordered to repay $680,000 in ill-gotten gains by an SEC administrative law judge. The 5th U.S. Circuit Court of Appeals previously ruled in Jarkesyโs favor, stating the case should have been tried in federal court.
Bankless Take:
This landmark ruling is a significant blow to the SEC's enforcement mechanism, potentially leading to a surge in federal court cases and making it more challenging for the SEC to swiftly penalize securities fraud. Regulatory agencies will need to adapt quickly, possibly seeking new legislative support from Congress to regain some of their lost authority.
@sassal0x Welcome back!!! So i assume now we have to wait another week for new 'daily gwei's' because you are doing a well deserved super extended victory lap.
Congrats to us all on the eth ETF, the official stamp of tradfi's jealousy is here!
@sassal0x I'm already having withdrawal symptoms. Can't wait until the Daily Gwei Refuels mostly Daily again. Have a great rest hope u detox well! MIGA!