2022-08-29 14:40:32
SEC vs Ripple
Ripple CEO Brad Garlinghouse revealed that his company is willing to explore a different path if they lose the SEC lawsuit.
Crypto attorney John Deaton is looking at the former Chair of the U.S. Securities and Exchange Commission (SEC) for the lack of regulatory clarity in the digital asset industry.
John Deaton is calling out Jay Clayton after the former SEC Chair. Says that Clayton did the exact opposite of that when he had the power to do as SEC chair.
“Dear Jay Clayton,
You were Chairman and Elad Roisman and Hester Peirce were crypto-friendly compared to others (including you). Instead of fostering innovation, you fostered an environment of regulatory uncertainty.
Now, you’re landing jobs to serve as an advisor to help companies navigate the uncertainty. It seems as though you’re benefitting from the lack of clarity you helped create.
As for your op-ed, ‘The Peculiar Challenges of Crypto Regs,’ I guess you weren’t up to the challenge.”
New reports have revealed that the SEC has adopted a new and more aggressive strategy against Ripple through the Wahi complaint.
The U.S. Securities and Exchange Commission has decided not to object to Ripple Lab’s request to seal identities of certain non-parties and Ripple employees in the Daubert motions
The SEC said on Friday in a letter to Judge Analisa Torres that it does not object to Ripple’s motion filed on Aug. 19 seeking to seal identities of non-parties, certain Ripple employees and personal financial information of an employee.
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