Tag Archives: sec

Lisa R. Zornberg, a prominent U.S. attorney representing Ripple Labs in the legal battle with the Securities and Exchange Commission (SEC), is seeking the court’s approval to withdraw from the case following her appointment as New York Chief Counsel by Mayor Eric Adams. According to a recent filing, Ripple asked the court to grant Zornberg’s request as she would no longer be associated with the American law firm Debevoise & Plimpton LLP from July 31, 2023. XRP Attorney...

Like most investors (and everyday Americans), billionaire Mark Cuban is not happy with the Securities and Exchange Commission (SEC). In fact, he’s downright angry with the institution and says it’s abusing its power. Mark Cuban Targets the SEC in Twitter Slam In a recent interview, the owner of the Dallas Mavericks basketball team criticized the agency’s decision to go after Coinbase, the biggest and most popular crypto exchange in the U.S. He says the SEC is...

Many crypto investors are working hard to get rid of their altcoins out of fear that several of them are going to get delisted thanks to ongoing action from the Securities and Exchange Commission (SEC). SEC Action is Making Traders Wary The financial agency has been working hard to practically eliminate crypto altogether from the American monetary spectrum. There have already been multiple lawsuits filed against some of the nation’s leading digital currency...

Wyoming-based Custodia Bank’s application to become a member of the Federal Reserve System was rejected earlier this year by the Kansas City Fed. But the platform has no intention of backing down. The legal dispute took a new turn after Custodia slapped three lawsuits against the regulator in three separate circuits. According to attorney John Deaton, Custodia’s fight against the Feds is “arguably just as important (if not more)” as the Ripple-XRP case. Custodia vs. Feds...

Some interesting video footage from several years back has resurfaced that’s making people see Gary Gensler and the Securities and Exchange Commission (SEC) a tad differently. Gary Gensler and His Original Feelings Towards Crypto In the video, Gensler – not yet in charge of the financial agency – told his audience of investors he thinks four cryptocurrencies – bitcoin, bitcoin cash, Ethereum, and Litecoin – are not securities, but things didn’t quite stop there....

An appeal by the U.S. Securities and Exchange Commission (SEC) against Judge Analisa Torres’ ruling on XRP will affirm the decision, according to Stu Alderoty, the chief legal officer (CLO) of Ripple Labs. During an interview with TechCrunch’s Chain Reaction, Alderoty said the judge’s decision was right as it was a “faithful application of the law.” SEC Appeal to Amplify XRP Ruling Recall that the SEC hinted at a potential appeal to Judge Torres’ decision about a week after...

CoinspeakerRipple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge's previous ruling. Ripple Labs Exec Dismisses Concerns around Potential SEC Appeal of Court Judgment

CoinspeakerXRP Becomes White Knight of Crypto, Thwarts Regulation Woes Despite the surge in the crypto market, Ripple's legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector. XRP Becomes White Knight of Crypto, Thwarts Regulation Woes

John Deaton, crypto lawyer and legal representative of XRP holders in the lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC), has slammed haters and critics of Judge Analisa Torres, insisting that her recent decision in the ongoing case is “very sound.” In a lengthy Twitter thread, Deaton outlined why Judge Torres’ decision was the correct ruling, despite claims that it was inconsistent with policy considerations behind the 1934 Securities Act....

The number of XRP whales owning 100M+ tokens has surged to 199, marking an 11-week high.  One factor playing a role in the new trend could be Ripple’s court victory against the US Securities and Exchange Commission (SEC), which fueled a price increase for XRP and renewed optimism in the entire cryptocurrency space. Accumulating Again The crypto analytics platform – Santiment – estimated that there are now 199 XRP whales, each of whom holds at least 100 million coins....