Mike Novogratz Predicts More US SEC Lawsuits Against Crypto
Mike Novogratz Predicts Delays In Legal Battles Speaking at a fintech investor conference hosted by Piper Sandler on Wednesday, Novogratz commented that the cases against Coinbase and the Binance exchange, probably won’t be litigated for a few months. “There’s not going to be quick closure on any of this. It makes it very difficult to figure out what you should do”, he added. advertisement Read More: Binance & Coinbase Witness $600Mn In Net Outflows As Investors Lose Trust Additionally, Novogratz highlighted that the SEC’s lawsuits have categorized numerous major tokens as securities. However, notable cryptocurrencies such as Bitcoin, Ethereum, and the stablecoin USD Coin were exempted. Speaking on this context, the 58-year-old crypto advocate was quoted as saying: So if you take the opposite, three-quarters of our industry, even in the US, is available to play. Recommended Articles ...