Saturday, February 4

Tag: Bradley Garlinghouse

Ripple Executives Reacted To Rep. Sherman’s comments And SEC Requests The Removal Of Amici Status On XRP Holders
XRP News

Ripple Executives Reacted To Rep. Sherman’s comments And SEC Requests The Removal Of Amici Status On XRP Holders

The issue between SEC and Ripple started in December 2020. It is all because of the initiation of an unregistered securities offering in the united states. Since then Ripple has never conceded to SEC, it has been taking its stand over the comment of the SEC, tagging the Ripple native token, XRP "a security". Despite the recalcitrance mindset of Ripple, US-based exchanges still discontinue their support for the Ripple token. Read Also: SHIB Burn Rate Spikes Over 785% As Over 573 Million SHIB Tokens Were Destroyed. A few hours, the Ripple executives reacted to the comments made on Tuesday by Brad Sherman, D-California, where he said the SEC should still go after the crypto exchanges transacting the Ripple token, XRP. Sherman, who is the Chair of a Congressional subcommittee focu...
Plaintiff Security And Exchange Commission To File A Big Motion To Limit Or Exclude 10 Expert Testimony To Conserve Judicial And SEC Resources
Ripple News

Plaintiff Security And Exchange Commission To File A Big Motion To Limit Or Exclude 10 Expert Testimony To Conserve Judicial And SEC Resources

According to the copy of a request posted on James K. Filan’s Twitter page, the SEC is seeking leave to file a big motion that will limit or exclude 10 testimony of the Ripple’s expert. According to the court order on April 28th, the Plaintiff Security and Exchange Commission seek to leave to file one big motion of 120 pages long, to conserve the Judicial and SEC resources. As stated in the letter filed by SEC, they want to abridge the testimony of 10 experts previously retained by the defendant, Ripple, Bradley Garlinghouse (the current CEO of Ripple), and the former CEO Chris Larsen. Read Also: Still On The Elon Musk's Promise; Musk's Vegas Loop Company Starts Accepting Dogecoin As Payment For Rides. https://twitter.com/FilanLaw/status/1544799367554637826 Good to know t...