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At least one federal judge is frustrated with the SEC
The case between Ripple And the SEC isn't the only one hanging over the industry, as the commission has seen a resurgence of late. Just recently, the US Securities and Exchange Commission filed lawsuits against the world's largest cryptocurrency exchanges - Coinbase and Binance. Paul Grewal, Coinbase's chief legal officer, comments on a Third Circuit ruling that says it will retain jurisdiction to challenge the company over the SEC's inaction on its crypto ground rules petition. We are grateful that the court continues to shine a bright light...
At least one federal judge is frustrated with the SEC
The case between Ripple And the SEC isn't the only one hanging over the industry, as the commission has seen a resurgence of late.
Just recently, the US Securities and Exchange Commission filed lawsuits against the world's largest cryptocurrency exchanges - Coinbase and Binance.
Paul Grewal, Coinbase's chief legal officer, commented on a Third Circuit ruling saying it will retain jurisdiction over the company's challenge over the SEC's inaction on its crypto ground rules petition.
We are grateful that the Court will continue to shine a bright light on an SEC litigation that has so far operated in complete obscurity.
- An der Diskussion beteiligte sich auch David Schwartz, CTO von Ripple.
- Er betonte, dass das oben Gesagte „eine Art Achterbahnfahrt“ sei, weil das Gericht darauf bestanden habe, dass „die SEC ihr mitteilt, wann die Kommission über den Antrag von Coibase entscheiden wird“. Gleichzeitig habe es auch „der SEC ermöglicht, sich vier Monate Zeit zu nehmen, nur um das Gericht über ihre Fortschritte bei der Erlangung einer Stabsempfehlung auf dem Laufenden zu halten.“
- Er kam zu dem Schluss, dass in all dem etwas Positives steckt.
I think the most positive thing I can say is the fact that Coinbase managed to get relief at all. This is likely an indication that at least some of our frustration with the SEC is shared by at least one more federal judge, and perhaps many more federal judges.
- In jüngerer Zeit, KryptoKartoffel berichtete, dass John Deaton – ein Anwalt, der Tausende von XRP-Inhabern vertritt – ebenfalls die Securities and Exchange Commission kritisierte.
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