The long-standing legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) is set to reach a decisive point in the coming days, according to an industry veteran. Marc Fagel, a former attorney who served as the SEC's San Francisco regional director, shared his insights on the case, suggesting that a ruling could be imminent.
Guest: John Deaton, Managing Partner of The Deaton Law Firm
Congress writes the laws that regulators (like the SEC) have to follow. It has never been more important for digital asset holders in the U.S. to make themselves heard.
Connect To Congress ➜ https://bit.ly/CongressConect
PBN Research
Hinman Emails Worthless?
SEC emails illuminated ex-official Hinman’s 2018 view on ETH, which Ripple’s top lawyer said was used to ‘destroy and disrupt’ U.S. crypto, but this probably won’t steer agency policy.
Is it counter-productive to keep giving people false hope like this?
https://u.today/ripple-v-sec-case-to-be-resolved-within-days-sec-veteran
The former attorney tried to avoid speculation but opined that a ruling could be expected within days. He stated that any delay in the case was likely due to its complexity and not an indication of ulterior motives.
Is it safe to say BinanceUS is dead?
Binance.US, the U.S. affiliate of crypto exchange Binance, has laid off part of its staff roughly one week after the U.S. Securities and Exchange Commission (SEC) filed lawsuits against both entities.
In documents seen by CoinDesk, management described the SEC as a “politically motivated regulator” that forced it to become a “crypto-only exchange.”