9th Circuit Won’t Revive Crypto Law Firm’s Suit Against SEC

( August 23, 2024, 11:46 AM EDT) -- SAN FRANCISCO — A panel of judges in the Ninth Circuit U.S. Court of Appeals held Aug. 22 that a cryptocurrency-focused law firm lacked standing to bring a suit against the Securities and Exchange Commission because the firm failed to show that it was in danger of being subject to enforcement action over its use of the cryptocurrency network Ethereum, affirming a California federal judge’s decision to dismiss the firm’s case last year....

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