10/11/24 | Coinbase to Delist Tether, FTX Creditors to Receive 118%, Crypto.com Sues SEC, XRP ETF Filing, Cumberland Charged by SEC

2024-10-11·5 分

概要

In this episode of AltXCrunch, Mackenzie covers the latest major news shaking up the crypto world. First, we discuss Coinbase's plan to delist non-compliant stablecoins like Tether by the end of 2024, as they're not align with the EU’s MiCA regulations. Then, we dive into FTX’s reorganization plan, which promises creditors up to 118% of their claims, signaling a positive market response. Next, Crypto.com pushes back against the SEC with a lawsuit challenging its legal authority, followed by Canary Capital Group’s filing for an XRP-based ETF amidst ongoing regulatory scrutiny. Finally, we unpack the SEC’s case against crypto market maker Cumberland DRW, accusing them of operating as an unregistered securities dealer. Tune in for all the details, and don’t forget to follow us on X at @altinvestbot for more updates!

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