SEC Continues to Drag its Knuckles

in crypto •  last year 

SEC Hints at Challenging Court XRP Ruling in Separate Lawsuit

A hint, a wink, and probably talking to Fink.

The SEC may appeal the recent court ruling in its case against Ripple Labs, asserting that the decision conflicts with fundamental securities laws principles, including the Howey test.

Official response here

Notice, that this is a reply in the Terraform case to a Defendant's claim citing the Ripple case!

The SEC is still considering its options. No doubt more to come - much more.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  last year  ·  


this will be dragged into the courts, kicking a decision down the road, while new laws are being passed...

  ·  last year  ·  


his masters' beak

  ·  last year  ·  


conspiracy knowledge - sheep obey the dogs.

  ·  last year  ·  

Hester Peirce criticizes SEC’s warning to accounting firms working with crypto
https://coinjournal.net/news/hester-peirce-criticizes-secs-warning-to-accounting-firms-working-with-crypto/

  ·  last year  ·  

the scam is bigger than just crypto


and the law is just another asset.

  ·  last year  ·  

  ·  last year  ·  


amusing.
but all the flags are plastic.

  ·  last year  ·  
  ·  last year  ·  

This has a smell to it, like it's too obvious.
I expect a sting in the tail, such as a prison ID tag, or some forks.

  ·  last year  ·  

The nature of the coming con will be interesting.
There is no way - not in bankster MO - that they will let the proles become rich.

  ·  last year  ·  

Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg

Investors were reminded of Coinbase’s (COIN) significant regulatory challenges after Friday’s market close, when the crypto exchange disclosed it had suspended retail staking services in four of the 10 states that say its staking offerings represent securities, investment bank Berenberg said in a research report Monday.

This bit is funny:

The German investment bank has a hold rating on Coinbase shares with a $39 price target. The stock closed at $105.55 on Monday.

erm... who would "hold" a stock with a target of a 60% loss! On what planet is that a "hold"?

  ·  last year  ·  

Remember, there are other jurisdictions.
And yes, the US is thoroughly captured by private interests - accept that or leave... to a similar place.