Ripple top attorney s_alderoty accuses SEC of double standards XRPArmy XRPCommunity XRP XRPholders $XRP
In the week gone by, the United States Securities and Exchange Commission charged Coinbase with operating as an unregistered securities exchange, broker and clearing agency.
The SEC's complaint alleges that Coinbase has been unlawfully facilitating the buying and selling of crypto asset securities at least since 2019.Alderoty drew attention to the SEC's inconsistencies by stating that the statement"I am not registering as a broker-dealer, a securities exchange, or an ATS because I am not trading securities" should have been blocked if the SEC believed it was untrue.
As reported, the top Ripple lawyer highlighted the SEC's bet on a strategy of shock and awe as it filed lawsuits against the two biggest exchanges, Binance and Coinbase. He added,"My money remains all in on the rule of law."Later this week, the publicly redacted documents of former SEC official William Hinman as well as cross-motions for summary judgment in the Ripple lawsuit are expected to be made available on June 13.
Expectations are growing as to what the Hinman documents may imply for the whole cryptocurrency sector as a result of the new lawsuits brought against Binance and Coinbase." bares his expectations for the reveal of the Hinman documents. I tell you, the Hinman emails will be bad for crypto, they will help Ripple but they will show that the SECs entire crypto policy which was based on Hinmans speech was illegitemate. Armstrong made this tweet after the Hinman Interrogation and right after the judge ruled to turn…
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