Friday, December 9

Tag: Stuart ALDEROTY

Ripple’s General Counsel, Stuart Alderoty Slams Again, Saying SEC Has failed Time And Again To Protect Anyone
Ripple News

Ripple’s General Counsel, Stuart Alderoty Slams Again, Saying SEC Has failed Time And Again To Protect Anyone

Ripple's General Counsel, Stuart Alderoty, has slammed hard on the US commission chairman, Gary Gensler, saying that SEC has failed time and again to protect anyone, but keeps crowing about Kim Kardashian while the lines in bankruptcy courts grow longer for consumers. This insanity must stop. It all started during the CNBC interview with SEC chairman, Gary Gensler once mentioned a need for better investment protection. Read Also: New Whale Accumulates Over 290 Billion SHIB In The Past 24 Hours, Shiba Inu Community Burns Over 43M, SHIB Spikes 2.97% He further called on cryptocurrency-related firms to discuss better ways to regulate the industry with the SEC. Gensler further said the “runway is running out” for cryptocurrency companies as investors continue to get hurt from cr...
Brad Garlinghouse Discovers The Cunning Act Of SEC In Handling Over The Hinman Document, He Says “Don’t Believe Them”: Here’s Why
Ripple News

Brad Garlinghouse Discovers The Cunning Act Of SEC In Handling Over The Hinman Document, He Says “Don’t Believe Them”: Here’s Why

It is a thing of joy to have a glimpse of getting the long-awaited Hinman document which has been a strong point of dispute between the Ripple and US commission, but seems the Ripple CEO discovers something in the dark as he said "don't believe them". While the matter on the Hinman document is being celebrated by Ripple’s proponent, Brad Garlinghouse has come out with another point of view saying that the Securities and Exchange Commission (SEC) for trying to deceive the public into having a particular idea about the agency.   As stated by the Ripple CEO, Brad Garlinghouse, the SEC’s decision to hand over the document to the leading blockchain company is a trap to give the public the view that it cares about “disclosure, transparency, and clarity.”  Read Also: SwissBorg, A Switze...
Ripple’s General Counsel, Alderoty Tagged SEC Approach A “Bullying” While Stating The Urgent Need For a Comprehensive Legislative Structure For Crypto From The U.S.
Ripple News

Ripple’s General Counsel, Alderoty Tagged SEC Approach A “Bullying” While Stating The Urgent Need For a Comprehensive Legislative Structure For Crypto From The U.S.

In the ongoing case between SEC and Ripple where the former filed a misguided law action against Ripple alleging that XRP is a security. Ripple uses XRP (a cryptocurrency that exists on an open, permissionless, decentralized blockchain ledger) in its product offering to facilitate faster, cheaper, and more transparent cross-border payments. As previously reported the case has been since 2020 but last week, an oversight hearing focused on the SEC enforcement division was held by a House Finance Services Subcommittee, the Brad Sherman brought up the case of SEC against Ripple despite that something of such was planned to be discussed in the hearings. But Rep. Sherman, who was the Havard Lawyer, took it upon himself to raise the idea of the “scale of the largest enforcement case in crypto...
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...
Ripple vs SEC: Resolution Probably to Come in 2023 As Stated by Ripple’s Stuart Alderoty
Cryptocurrency

Ripple vs SEC: Resolution Probably to Come in 2023 As Stated by Ripple’s Stuart Alderoty

Stuart Alderoty, general counsel at Ripple, has recently explained why the resolution of the SEC’s lawsuit against Ripple may not play out in 2022 as expected. In a series of tweets on April 22nd, Alderoty thanked all those who have been watching as things unfold and supporting the course of Ripple and XRP in the ongoing case. Read Also: Bitcoin Tribalism Holds the Entire Crypto Market Back Says Ripple CEO Reacting to James K. Filan’s update, Stuart Alderoty tweeted, “To all that have been following the case thus far – thank you. Know that Ripple is pushing hard (and the Court is working hard) to resolve the case as soon as possible, despite the SEC time and again doing everything they can to delay.” https://twitter.com/s_alderoty/status/1517616828574576649 Ripple SE...