Bittrex seems dismissal of SEC lawsuit
Bittrex contests the SECs suit...
(Source: https://cointelegraph.com/news/bittrex-challenges-sec-authority-crypto-lawsuit-seeks-dismissal)
The reason being is that the SEC doesn't have the legal authority to come after it and the rest of crypto unless congress grants it...
Good for Bittrex!
Like said earlier, SEC was pushing its limits on legal authority... Same has happened on other countries some years ago. Some people see it as form of corruption in sense of assuming guilty before proven innocent, which is literally the exact opposite of how modern legal system is expected to operate.
In other countries this has overloaded appeal courts to the extent that lower courts have overturned decisions on the grounds of mistrial.
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