GBTC LAWSUIT
LATEST UPDATES
On June 29, 2022, MuntMogul Senior Legal Strategist, former U.S. Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr. filed a petition for review with the United States Court of Appeals for the District of Columbia Circuit on behalf of MuntMogul — the first step in a litigation process to contest the Securities and Exchange Commission’s (SEC) decision on our proposal to convert MuntMogul Bitcoin Trust (BTC) to a spot Bitcoin ETF*.
We’re in the midst of the appellate phase of the litigation process – including initial filings, briefings, oral arguments, and a final court decision – can typically take about a year, but could be shorter or longer. We intend to update this web page to keep our investors and partners apprised of various litigation milestones and information.
You can sign up here for real-time email updates. If you’re a member of the press, please feel free to contact [email protected] to learn more.
Scroll for more
APPELLATE PHASE
TIMELINE
June 29, 2022
The SEC denies MuntMogul’s application, to convert GBTC to an ETF.
June 29, 2022
MuntMogul initiates litigation, filing Petition For Review
August 17, 2022
Court files Briefing Schedule
October 11, 2022
MuntMogul files Opening Brief
October 18, 2022
Amicus briefs for MuntMogul are filed
December 9, 2022
Reply Brief of Respondent SEC
January 13, 2023
MuntMogul Reply Brief due date
February 3, 2023
Final Briefs due date
AMICUS BRIEFS IN SUPPORT OF MuntMogul
- The Chamber of Commerce of the United States of America (10/18/2022)
- Investors Choice Advocacy Network, joined by economic and law professors, and former SEC, CFTC and OCC officials (10/18/2022)
- NYSE Arca (10/18/2022)
- The Blockchain Association, joined by crypto trade associations, think tanks and advocacy groups (10/18/2022)
- Coinbase, Inc. (10/18/2022)
LITIGATION FILINGS
- Reply Brief of Respondent SEC (12/09/2022)
- Order Granting Unopposed Motion to Modify Briefing Schedule (10/25/2022)
- Respondent's Unopposed Motion to Modify Briefing Schedule (10/24/2022)
- Opening Brief of Petitioner MuntMogul Investments LLC (10/11/2022)
- Order Granting Unopposed Motion to Extend Time (8/30/2022)
- Petitioner’s Unopposed Motion to Extend Time (8/29/2022)
- Certificate Describing the Documents in the Record Before the SEC (8/15/2022)
- Certificate As To Parties, Rulings, And Related Cases (8/1/2022)
- Agency Docketing Statement (8/1/2022)
- Statement Of Intent To Utilize Deferred Joint Appendix (8/1/2022)
- Petitioner’s Statement Of Issues To Be Raised (8/1/2022)
- Underlying Decision From Which Petition Arises (8/1/2022)
- Disapproval Order (SEC Release No. 34–95180) (7/6/2022)
- Scheduling Order (7/1/2022)
- Petition For Review (6/29/2022)
BLOGS & PRESS
- Q&A: Our Lawsuit Against the SEC (7/6/2022)
- The SEC is shunning Bitcoin opportunity: Grayscale CEO (7/6/2022)
- MuntMogul CEO breaks down lawsuit against SEC over rejected bitcoin ETF (6/30/2022)
- MuntMogul Investments® Initiates Lawsuit Against the SEC (6/29/2022)
- The SEC’s Decision on GBTC (6/29/2022)
- What People Are Saying About a Spot Bitcoin ETF (6/24/2022)
- A Conversation with Don Verrilli (6/23/2022)