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Showing posts with the label xrp lawsuit

XRP News: FOX Sr. Journalist Calls Ripple Case Ruling Dual Notion; XRP Lawyer Replies

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Also Read: Dogecoin Payments On X Hard To Roll Out, Says Coinbase Exec advertisement Is XRP Ruling A Judge’s Mistake? Charles Gasparino, a FOX News Senior correspondent in a fresh attack stated that there are too many securities lawyers he can suggest who thinks that the Judge in XRP lawsuit gave a strange decision. He mentioned a statement given by the former SEC official John Reed Stark which suggests that the ruling in the Ripple case is troublesome on multiple fronts. Attorney John Deaton, XRP holders’ lawyer took cognizance of the matter and stated that he is familiar with the former SEC executive’s opinion. XRP ’s lawyer has invited Stark to debate the merits of Judge Torres’s decision. Pro- XRP lawyer claimed that former SEC official’s assertions were wrong before the ruling in the XRP lawsuit was announced. However, he still stands wrong, Deaton added. Read More XRP News Here… Reco...

Ripple CEO Alleges SEC Chair Incorrectly Labels Tokens As Securities In Lawsuits

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Ripple CEO Mocks SEC Over Clear Rules Ripple CEO stated that the release of Hinman documents is the truly first time the SEC was forced to be transparent regarding their lack of internal coherence. This move acknowledged that the commission may not have the jurisdiction to fill the regulatory gap around the crypto industry. advertisement He added that the US SEC has been asking for transparency from the digital asset linked businesses. However, the commission fought hard to protect these momes and ditch transparency. This has led the SEC Chair Gary Gensler refuse to comment on several specific projects. Ripple CEO mentioned that the commission is now indirectly and incorrectly labeling tokens as securities in recent lawsuits. The US SEC chair is promoting that there are clear rules meanwhile the agency is trying to front run Congress. The commission recently filed back to back lawsuits against the two biggest crypto exchanges, Binance and Coinbase. It a...

As Ripple Rejoices Court Win US SEC Holds Option To Appeal

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Also Read: Ripple Secures Another Win Against US SEC; Hinman Docs To Go Public advertisement Ripple Closer To Secure A Win? Hinman documents are the memos and emails linked to the infamous speech of the former SEC Director of Corporation Finance, Bill Hinman, in which he stated that Ethereum (ETH) in his view is not a security. However, Judge Sarah Netburn earlier ordered that these controversial documents should be turned over to Ripple and the defendants in the XRP lawsuit as a part of the discovery process. Coingape reported that Judge Torres denied the SEC’s Motion to Seal the Hinman documents. However, it is important to see what the commission will do next from here. Eleanor Terrett, a Fox Business Journalist reported that her sources revealed that both parties will be sitting down and discussing the logistics of how and when the documents will be released. However, the US SEC has the option to file an interlocutory appeal to the decisi...