Ripple's lawyer argues that Gary Gensler must 'recuse himself from voting on any enforcement case that raises that issue.' SEC XRP LBRY
dealt with the issue of a man named Antoniu who appealed a decision made by the SEC that prevented him from working as a securities broker. Antoniu argued that the participation of SEC commissioner Troy Paredes in the disbarment proceedings tainted the case with the appearance of impropriety. The court ruled in favor of Antoniu, stating that the commissioner’s statements indicated that they had already determined the facts of the case before hearing it.
Jeremy Hogan, an attorney and partner at Hogan & Hogan, responded to Alderoty’s tweet by sarcasticallythat chairman Gensler was “obviously speaking not as the head of the SEC but in his capacity as a long-distance runner and lover of orange juice. So, it’s okay.
However, not everyone shared the same view as the Ripple legal officer, and one person called the opinion “absurd.” “Chair Gensler has not prejudged the merits of any particular case. And even if one could make such an argument stick , it would only require recusal from an appeal of an enforcement AP, not his involvement in voting on authorizing an enforcement action,” the individualto Alderoty’s tweet. Regarding the Antoniu v.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gary Gensler’s Take on Crypto Doesn’t MatterWe shouldn’t ask: “Is XYZ a security?” We should instead ask: “How much does securities law and regulation matter if XYZ is borderless, decentralized and censorship resistant?” gckaloudis writes for The Node.
Read more »
Ripple Chief Legal Officer Says SEC Chief Must Recuse Himself, Here's What HappenedRipple Chief Legal Officer Stuart Alderoty catches SEC Chief Gary Gensler off guard xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple $xrp
Read more »
Ripple's Key Partner in Japan, SBI, Acquires Crypto Lender HashHubRipple's key partner in Japan, SBI, acquires 100% of major crypto lender HashHub ripplesec xrpsec ripplexrp xrp xrparmy xrpcommunity ripple xrpthestandart hashhub sbi $xrp
Read more »
Ripple Remittances Expand Further into Asia Pacific via Tranglo's New PartnershipRipple's payment technology expands into six countries via Tranglo partnership $XRP XRPArmy XRPCommunity XRPHolders Tranglo Fintech RippleXRP ODL Payments
Read more »
Supreme Court argues Biden student loan plan worth billionsThe Supreme Court is taking up a partisan legal fight over President Joe Biden’s plan to wipe away or reduce student loans held by millions of Americans
Read more »
Sayfullo Saipov trial: Expert discusses ISIS recruitment as defense argues for life in prisonThe defense is trying to show that Saipov grew up under Soviet rule and had no real knowledge about Islam.
Read more »