Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate

Share This Post

Ripple's Legal Chief Rebuts SEC Claims — Says No Victims to CompensateRipple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized that, unlike the Terraform Labs case, there are no victims to compensate in Ripple’s case. […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion

The recent report released by the Polkadot Treasury for the first half of 2024 has raised concerns over an impending funding crisis The report indicates that the Treasury’s assets, spread

Circle’s Stablecoins Now MiCA Compliant

Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation This compliance allows Circle to natively issue these

Dogecoin Flashes Major Bullish Signal On 3-Day Chart, Here’s The Target

Dogecoin (DOGE) could be on the brink of a major bullish reversal based on a technical indicator recently flashing a bullish signal for the meme coin While highlighting the bullish signal, crypto

Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman

Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of US Securities and Exchange

June Sees Over 50% Decrease in Crypto Thefts: Are We Finally Winning the Security Battle?

In a notable shift, June witnessed a significant reduction in cryptocurrency losses due to hacks, down by 542% from the previous month, according to the latest data from PeckShield This downturn in

Bitcoin Begins Month With A Rebound As Metaplanet’s BTC Investment Tops $10 Million

In a move indicative of growing corporate confidence in Bitcoin, Tokyo-listed Metaplanet has once again increased its BTC reserves, with a recent acquisition pushing its total holdings past the $10