Ripple Co-Founder Slams SEC Chairman And US President For Hostile Crypto Regu...
In a recent interview with Bloomberg Television, Chris Larsen, the co-founder and executive chairman of Ripple Labs, expressed his views on the regulatory environment in the United States and its impact on the blockchain industry. Larsen claimed that San Francisco, once poised to be the “blockchain capital of the world,” lost its status due to […]
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Ripple and the U.S. Securities and Exchange Commission (SEC) have an ongoing legal battle. The regulator filed an action against the payment company at the end of 2020. Many believe that this was former SEC Chairman, Jay Clayton, decision before leaving office. During his administration, Clayton’s SEC denied several Bitcoin ETF proposals and was known […]
A petition has been started calling on U.S. Securities and Exchange Commission (SEC) Chairman-Designate Gary Gensler to end the lawsuit against Ripple Labs and its executives over XRP tokens. The petition also demands “a thorough investigation of the matters that led to the last-minute lawsuit against Ripple, filed on the last day in office by former SEC Chairman Jay Clayton.” Petition to End SEC Lawsuit Against Ripple An XRP advocate, Thomas Hodge, has started a petition on Change.org calling on SEC Chairman-Designate Gary Gensler to “end the war on XRP.” Gensler....
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty. Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully, bulldoze, and bankrupt” crypto innovation in the U.S. in the name of expanding its own regulatory territory.“By bringing enforcement actions–or threats of potential enforcement–the SEC intends to bully, bulldoze, and bankrupt crypto innovation in the U.S., all in the name of impermissibly....
Blockchain-based Ripple has been rigorously moving its technology forward. Now, the U.S.-based gross settlement system has announced CEO Chris Larsen is stepping down. Larsen will be replaced by former AOL and Yahoo executive on January 1, 2017. Ripple Will Have a New CEO Next Year. San Francisco-based Ripple has appointed Brad Garlinghouse to be the....
John E Deaton, a prominent lawyer known for representing XRP holders and vocalizing his criticisms of Jay Clayton’s tenure as the SEC Chairman, recently took to Twitter to highlight what he believes to be glaring conflicts of interest surrounding the SEC’s enforcement action against Ripple, its CEO Brad Garlinghouse, and co-founder Chris Larsen. Deaton tweeted, […]