Latest Ripple Prediction: Settlement With The SEC And Resuming Free Trading Of XRP In The US Could Be In The Cards | CryptoGazette

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


It’s been revealed that Stephen Palley said that the SEC lawsuit against Ripple will come to an end soon, and the firm will settle with the regulatory body.

On Twitter, the blockchain and crypto lawyer at Anderson Kill believes that Ripple’s quick answer to SEC’s complaint is showing that the payments startup wants the legal battle to come to an end swiftly.

“I wouldn’t have been surprised if they’d asked for another 30 days and then filed a nearly guaranteed to be denied motion to dismiss. But they didn’t. They answered within about a month. What does this mean? Unlike most defendants, they actually want a fast resolution.”

Palley also says that he believes the SEC has already fully laid out its case at this early stage.

“Typically in civil litigation, you don’t get the other side’s documents until the case has progressed for a while. Here, SEC has presumably gotten all of the documents during the enforcement action, which is why the original complaint is so compliant,” he explained.

The US SEC is after Ripple for a while

He continued and said that “In other words, SEC probably has all of the ‘bad’ documents, ‘smoking guns’ already, and has included them in the lawsuit.”

In other news, you probably know by now that the SEC is after Ripple and XRP for a while, Well, good news for the firm just popped up.

It’s been just revealed that former SEC executive Joseph Hall thinks there’s a strong chance the SEC loses its case against Ripple.

Hall works with the law firm Davis Polk, and he reported in a new interview on Thinking Crypto that he found the SEC case “pretty astonishing.”

Source link



Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close