Filecoin Labeled as Security, SEC Asks Grayscale to Withdraw Filecoin Trust
The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges.
SEC categorizes filecoin as security; Grayscale faces regulatory challenge
Greyscale has now fallen into te SEC’s radar after the watchdog made an move on filecoin which could affect Grayscale filecoin trust. According to the SEC filecoin can be regarded…
Filecoin Under the Scanner: Grayscale Investors Alarmed by SEC’s Security Classification
The SEC’s recent classification of Filecoin as a security has raised eyebrows among Grayscale investors and the wider crypto market. This development adds a new twist to the ongoing debate…
SEC Says FIL Is A Security, Asks Grayscale to Retract Filecoin Trust’s Form 10 Application
The request came after Grayscale voluntarily filed a Form 10 request with the intention of making Filecoin Trust a reporting entity.
FIL Up 3% Despite the US SEC Calling Filecoin A Security | Coingape
FIL, the native cryptocurrency of the decentralized storage system Filecoin is up by 3% over the last 24 hours and is currently trading at $4.61 with a market cap of…
SEC Ramps Up Regulatory Action, Rules Filecoin’s Token A Security
The Securities and Exchange Commission (SEC) announced on Wednesday that it considers Filecoin’s token (CRYPTO: FIL) a security. What Happened: This decision comes after Grayscale Investments launched its Grayscale Filecoin…
SEC Tells Grayscale Filecoin is a Security
Grayscale Investments received news from the U.S. Securities and Exchange Commission (SEC) on Wednesday that the FIL token of Filecoin is considered a security by the regulator.
SEC warns Filecoin ‘meets definition of a security’ — Grayscale
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying its underlying asset “meets the definition of a security.”
SEC deems Filecoin a security, asks Grayscale to withdraw trust registration
Grayscale said May 17 that the U.S. Securities and Exchange Commission (SEC) asked it to withdraw the registration statement for its Filecoin Trust. The SEC told Grayscale that Filecoin’s FIL…
![Is Filecoin [FIL] the latest to be on the US SEC radar?](https://insights.cryptobasemarket.com/wp-content/uploads/2023/05/agence-olloweb-9wydw55nbny-unsplash-scaled-307116.jpg)
Is Filecoin [FIL] the latest to be on the US SEC radar?
The United States Securities and Exchange Commission (SEC) continues to take action in the cryptocurrency
