• Latest
  • Trending
Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse

Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse

June 18, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run – The Crypto Basic

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Zodia Custody expands in Hong Kong, receives VASP in Ireland … – Tekedia

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Why Altcoins and Crypto Stocks Were Flying High Today – The Motley Fool

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Embracing the crypto evolution: Institutional adaptation and the … – Arabian Business

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Acala Spikes 5% on Binance's New Altcoin Pairs News — Can ACA … – CCN.com

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Bitcoin Spark, BNB, and Toncoin: Price Outlook in Upcoming Bull Run – CryptoPotato

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Crypto Price Today: Bitcoin holds $34,000; Ethereum slips below $1,800; most altcoins up – Business Today

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

The Next Bull Market Is Approaching: Sparking Opportunities For … – CryptoPotato

October 30, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Crypto Analyst Benjamin Cowen Says Fed Pivot and Altcoin Rallies Won’t Happen Until This Occurs – The Daily Hodl

October 29, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Litecoin Pronóstico del Precio: LTC insinúa una corrección del 15% si se cumplen estas condiciones clave – FXStreet

October 29, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Brazil's USDT adoption soars in 2023, makes up 80% of all crypto transactions – Cointelegraph

October 29, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Can Presales Like Scorpion Casino Token Match the Historic … – NewsWatch

October 29, 2023
Wednesday, July 2, 2025
EGROW ONLINE
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos
No Result
View All Result
EGROW ONLINE
No Result
View All Result

Ripple case nears conclusion, but the fight for clarity must ‘continue’ — Brad Garlinghouse

by admin
June 18, 2023
in Ethereum
0



Ripple CEO Brad Garlinghouse has warned that as Ripple’s legal battle against the United States Securities and Exchange Commission (SEC) is coming “to a close,” it is only the beginning of a larger battle for the industry and the fight for regulatory clarity “has to continue.“

After the Hinman Documents were unsealed on June 13 as part of the ongoing lawsuit between Ripple and the SEC, Garlinghouse published a video on Twitter discussing the lawsuit’s timeline and expressing his frustration with the agency.

In June 17 video, Garlinghouse said the Hinman documents suggest that the SEC “knowingly created confusion about the rules, and they used that confusion through enforcement.”

Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it – and felt like it warranted some personal comments. pic.twitter.com/k4dYeQGhsN

— Brad Garlinghouse (@bgarlinghouse) June 16, 2023

In his remarks, Garlinghouse strongly criticized the SEC’s actions, describing them as a clear case of “bad faith, plain and simple.“ 

He believes this attitude was present from the very beginning of the lawsuit against Ripple, which was initially filed in December 2020, saying it felt like a “very grinch-like touch” to file the case just “days before Christmas.“

“This is the definition of putting politics over people […] and the pursuit of power over sound policy,” he stated.

Garlinghouse explained that prior to the lawsuit being filed, he answered “every question [the SEC] had” and it was never suggested to him that XRP (XRP) was a security.

He believes that the SEC is “looking to kill” innovation and the cryptocurrency industry in the U.S., arguing that the Hinman speech isn’t about “any one token or any one blockchain,” but more so the overall stance that the SEC has toward the crypto industry.

“This is about showing the extent to which the SEC has relentlessly enforced action against crypto players, while professing fake open arms and calls to come in and register, all the while lying about their so-called guidance.”

Garlinghouse further explained that “at best,” the documents suggest that SEC senior officials “couldn’t agree” on the law and told Bill Hinman directly that “he would confuse the public even more about the rules for crypto.”

On June 13, Cointelegraph reported that notes in the revealed documents suggested the editors were concerned that Hinman stating Ether (ETH) is not a security may make it “difficult for the agency to take a different position on Ether in the future.”

However, Garlinghouse stated that “at worst,” the documents showed that Hinman “deliberately ignored the law” and tried to “create new laws.“

Related: Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity

He emphasized that the industry must work together as the SEC could take action against more crypto firms in the future.

“Ultimately as our law suit comes to a close, for so many others its just starting, so the fight for clarity has to continue” he stated.

This comes after the SEC filed a lawsuit against crypto exchange Binance on June 5 for allegedly offering unregistered securities. A day later, the regulator took action against Coinbase on similar grounds.

Magazine: Gary Gensler’s job at risk, BlackRock’s first spot Bitcoin ETF and other news: Hodler’s Digest, June 11-17



Source link

YOU MAY ALSO LIKE

Ethereum L2s Surprisingly Set New ATH – U.Today

A case for Web3 social media, and is Friend.tech a security?

Tags: BradcaseclarityConclusionContinuefightGarlinghousenearsRipple
ShareTweetPin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run – The Crypto Basic

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Zodia Custody expands in Hong Kong, receives VASP in Ireland … – Tekedia

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Why Altcoins and Crypto Stocks Were Flying High Today – The Motley Fool

October 30, 2023

Recent News

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

XRP, Shiba Inu, and More: Here are Top 6 Altcoins Priced Below $1 to Watch for Next Bull Run – The Crypto Basic

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Zodia Custody expands in Hong Kong, receives VASP in Ireland … – Tekedia

October 31, 2023
Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases – Yahoo Finance

Why Altcoins and Crypto Stocks Were Flying High Today – The Motley Fool

October 30, 2023

Categories

  • ADA
  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Ripple
  • Videos

Follow Us

Find Via Tags

Ada Altcoin altcoins analysis Analyst Analytics Big Binance Bitcoin Blockchain BNB BTC Buy Cardano Coin Cointelegraph Crypto cryptocurrencies Cryptocurrency Digital DOGE Dogecoin ETH Ethereum finance Heres Insight Inu investors Litecoin LTC market Network news Prediction price Ripple SEC Shiba Solana Today Token Top week XRP
  • privacy And Policy
  • About Us

© 2020 Egrow Online

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Altcoins
  • ADA
  • Litecoin
  • Dogecoin
  • ICO
  • Ripple
  • Market & Analysis
  • Videos

© 2020 Egrow Online