Ripple’s David Schwartz Highlights Federal Judges’ Frustration with SEC Amid Coinbase Lawsuit
Ripple CTO David Schwartz recently expressed his belief that Federal Judges are beginning to share the frustrations that people have with the U.S. Securities and Exchange Commission (SEC). His remarks came in response to the ongoing lawsuit between cryptocurrency exchange Coinbase and the SEC, which has garnered significant attention within the crypto community.
David Schwartz Highlights Court's Tiredness For SEC And Coinbase Battle
In April 2022, Coinbase filed a lawsuit against the SEC, urging the regulatory body to propose and adopt rules governing the regulation of securities traded through digital assets, such as cryptocurrencies. The exchange sought to push the SEC to respond to its petition, which had remained unanswered for almost a year.
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