Cointime

Cointime

Download App
iOS & Android
Home / Projects

Grayscale Investments® Files Request for Withdrawal of Voluntary Registration Statement on Form 10 for Grayscale Filecoin Trust

Grayscale Investments has filed a request with the US Securities and Exchange Commission (SEC) to withdraw its registration statement on Form 10 for Grayscale Filecoin Trust. The SEC had requested that Grayscale withdraw the trust's registration statement, stating that Filecoin meets the definition of a security under federal securities laws. However, Grayscale believes that Filecoin is not a security and provided an explanation of its legal basis in response to the SEC staff's comment letter. Despite this, the SEC reiterated its request for withdrawal following naming FIL as a security in certain filings in federal district court.

Filecoin Filecoin $3.66
+4.72%
Grayscale SEC
Comments

All Comments

Recommended for you

  • Van Loon plaintiffs challenge US Treasury sanctions on Tornado Cash

    plaintiff Van Loon appealed on September 2nd in the Fifth Circuit Court, challenging the US Treasury Department's decision to list Tornado Cash as a specially designated national (SDN). The plaintiff believes that the Treasury Department's sanctions on this open source project without clear guidance may threaten the First Amendment rights of programmers.

  • Telegram releases official statement on the arrest of founder Pavel Durov

    Telegram has released its first official statement regarding the arrest of its CEO, Pavel Durov. "It is still unclear what charges Durov is facing or whether he has been arrested. There are various reports that he may have been arrested due to the lack of management on the Telegram platform, but the facts are still unclear as there has been no official confirmation from the French government or further explanation from Telegram," the statement read. "Telegram CEO Pavel Durov has nothing to hide and travels frequently in Europe."

  • Polkadot passes proposal to shorten DOT unlocking period, unlocking in as fast as 2 days

    On August 14th, Polkadot network proposed RFC 97 with the aim of significantly shortening the unlocking period of DOT tokens. After review and discussion, the proposal was approved by the Fellowship, and its code or design has been merged into the main codebase.

  • X platform was exposed to be testing payment services: involving transactions, balances and transfers, etc.

    On August 7th, developer Nima Owji tweeted that Elon Musk's X platform will launch XPayments payment service, involving transactions, balances, and transfers. Musk had previously revealed plans to provide financial services on the X platform, including storing value, transferring to others, and accessing high-yield currency markets.

  • Mt.Gox: Repaid over 17,000 creditors so far

    Mt.Gox announced that after repayments on July 5th, 16th, and 24th, 2024, on July 31st, 2024, the trustee made repayments to some creditors in the form of Bitcoin and Bitcoin Cash through designated cryptocurrency exchanges according to the compensation plan, and has already made repayments to over 17,000 creditors. Once the following conditions are met, repayments will be made immediately to other creditors: (i) confirmation of the validity of registered accounts and other matters; (ii) intention to subscribe to the agency receipt agreement with designated cryptocurrency exchanges, etc.; (iii) discussions with the trustee and designated cryptocurrency exchanges regarding repayments are completed; (iv) confirmation of safe and reliable repayments. Mt.Gox stated that eligible creditors will be asked to wait for a period of time.

  • Terra Chain has resumed block production, emergency chain upgrade is now complete

     Terra announced on X that the Terra blockchain has resumed block production at around 4:19 AM Coordinated Universal Time today, and the emergency chain upgrade has been completed. Transactions are being processed and users can resume normal activities. Validators holding over 67% of the voting power on Terra have upgraded their nodes to prevent the vulnerability from happening again. It is expected that more validators will upgrade soon.
  • cointelegraph ·

    Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected

    The Republican candidate laid out a plan for crypto policies should he win in November against prospective Democratic presidential nominee Kamala Harris.
    Trump pledges to fire SEC Chair Gary Gensler ‘on day one’ if reelected

  • Twitter's new feature shows Irene Zhao involved in multiple scam projects

    On July 24th, Jupiter will collaborate with Irene Zhao to launch the meme coin metadata platform ASIANMOM. The tweet promoting it has now been updated with background information by readers, revealing that Irene Zhao has been involved in multiple project scams and caution should be taken when dealing with her.

  • Cointime June 29th News Express

    1. In the past 24 hours, the transaction volume of Pudgy Penguins was nearly 2 million US dollars, an increase of nearly 700%

  • The US SEC has returned the S-1 form to the potential Ethereum ETF issuer with a few comments, asking it to fix the problem and resubmit.

    The US Securities and Exchange Commission has returned the S-1 form to the potential Ethereum ETF issuer with some comments, asking them to address the issues and resubmit. Sources say that at least one more round of review is needed before these measures can take effect. The issuer has reportedly been asked to address these comments and resubmit before July 8th. Sources note that this will not be the final declaration after the form is returned, meaning that at least one more declaration is needed before the ETF can begin trading.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company