.Ripple's top lawyer has accused SECGov of misusing the judicial process
the regulator of treating the judicial process as a"weapon" and likened the regulator's attitude to Congressional oversight to a game of"hide and seek."
Alderoty, who made the comments in a tweet earlier this Friday, stressed that the issue was not exclusive to the cryptocurrency industry but represented a broader"We The People" problem. The lawyer's remarks come on the back of an ongoing legal feud between Ripple, the company associated with the XRP cryptocurrency, andThe regulatory body has leveled an accusation against Ripple, proclaiming the firm's XRP sale as an unregistered securities transaction. It insists that Ripple's distribution of XRP in essence mirrors a securities offering.
This legal battle, under the microscopic scrutiny of the crypto industry, has underscored the urgency for regulatory precision in the fast-paced, continually evolving landscape of digital assets.
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.
Ripple v. SEC to End Next Month? Top Lawyer Reacts to Ripple CEO's PredictionRipple v. SEC: Resolution may come as early as next month, says lawyer Belisarius2020 xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
Read more »
Boys Volleyball Top 20, May 12: Top 4 teams stay strong while others bounce backThe top four teams remain unchanged this week.
Read more »
Ripple Exec Reveals Real Reason Why Investors Are Shunning US for EURipple policy executive said US regulatory paralysis has real, measurable impact in terms of jobs and investment lost
Read more »
Ripple Partner Tranglo Surpasses $1 Billion in ODL TransactionsRipple partner Tranglo boasts $1 billion in ODL transactions RippleXRP XRPArmy XRPCommunity XRP $XRP
Read more »
SEC issues new subpoena to bitcoin miner MarathonMarathon Digital, a U.S.-based bitcoin mining firm, disclosed a new subpoena from the U.S. Securities and Exchange Commission.
Read more »