Coinbase CEO Says SEC v Ripple Case ‘Going Better Than Expected’ — Investors ...
Coinbase CEO Brian Armstrong says the SEC v. Ripple case “seems to be going better than expected.” He added that the U.S. Securities and Exchange Commission “is realizing that attacking crypto is politically unpopular.” Coinbase’s CEO on the Ripple Lawsuit, SEC Attacking Crypto The CEO of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, commented on the enforcement action against Ripple Labs by the U.S. Securities and Exchange Commission (SEC) Monday. Referencing a Forbes article titled “The crypto uprising the SEC....
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Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports Ripple Against SEC The Nasdaq-listed cryptocurrency exchange Coinbase filed an amicus brief on Tuesday in support of Ripple Labs against the U.S. Securities and Exchange Commission (SEC). The regulator sued Ripple, its CEO Brad Garlinghouse,....
XRP investors don't want to have their holdings lumped in with Ripple's. Several investors in XRP have filed with a Rhode Island court, looking to change the course of the Securities and Exchange Commission's case against Ripple. In response to what it calls "the most significant SEC enforcement action in modern history," the Friday filing is a petition for a "writ of mandamous." A "mandamus" is effectively just an order that a public official — in this case, the chairman of the SEC — does their job. The filers are calling upon new Acting Chairman Elad Roisman to alter the course that his....
The amount of supporters for Ripple Labs in its legal battle with the U.S. Securities and Exchange Commission (SEC) keeps growing. Most recently, the U.S. exchange Coinbase sent an amicus brief to the responsible judge Analisa Torres. The brief reveals that Coinbase sees the case as a precedent for the entire crypto industry, which is […]
Ripple CEO assures shareholders and the industry that the company will win the case brought by the the United States SEC. Ripple CEO Brad Garlinghouse has responded to the latest regulatory complaint against XRP, assuring shareholders that the company will prove their case in the court. In a Dec. 22 blog post, Garlinghouse argued that the legal action against the XRP cryptocurrency brought by the United States Securities and Exchange Commission is an “assault on crypto at large.”The executive is confident that the regulatory action will have a “snowball effect” on the industry as a whole,....
The SEC's case over allegedly unlawful sales of XRP by Ripple to retail investors is entering the discovery phase.