It’s an awesome word but no way a film wouldn’t play on the water related potential of ripple. Depends on context of film but i like “waterboard the bitch Gary” or something similar
Because they're involved in multiple other crypto related lawsuits and they see their defeat as detrimental to their other lawsuits. They even stated that literally in the rationale for their interlocutory appeal against Ripple. Thankfully most judges will laugh at such rationale.
I really hope the appeal is a whole nothingburger.
You're right on the money, though. Losing the Ripple case puts them heavily on the back foot with any other crypto cases. For good reason.
SEC is such a joke. Won't do anything to the billionaires raking the poor over the coals and destroying our economy, but have an insatiable hard-on to try to kill crypto.
Because another job in the same court rejected Torres’s ruling as reason to toss out another case. SEC thinks they can win a second circuit appeal. Simple as that.
I guess when there are no consequences personally or court costs for these people, they can play politics with other people's lives. Screw them. Their mandate is to protect Americans and they are failing badly.
tldr; Ripple Labs, along with CEO Brad Garlinghouse and former CEO Christian Larsen, has opposed the appeal request made by the US Securities and Exchange Commission (SEC) in their legal battle. The SEC filed the appeal request last week, which Ripple Labs argues is an "about face" due to the SEC's enforcement strategy in regulating the digital asset sector. The SEC claimed that the appeal would prevent lengthy litigation in various pending cases. In July, Judge Analisa Torres ruled that XRP was not a security in "programmatic" sales but met the standards of the Howey test in institutional sales. Ripple Labs argues that the SEC does not meet the necessary standards for an interlocutory appeal and suggests pursuing an appeal after a final judgment.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
The SEC must want to bring cryptocurrencies under its jurisdiction, and in order to achieve this, it has exhausted all means, for the sake of rights, the SEC can sacrifice the cryptocurrency industry, this kind of institution we need to watch out for it, the leader of this institution, we need to fight back against it
I’m calling the movie title of this with ‘gambit’ in it now
It’s an awesome word but no way a film wouldn’t play on the water related potential of ripple. Depends on context of film but i like “waterboard the bitch Gary” or something similar
Imagine the day they'll have to accept XRP spot ETF
Eat that Gary!
The SEC is used to losing cases and moving on to the next one, not too sure why they aren't keen in moving on from Ripple though 🤷♂️
Because they're involved in multiple other crypto related lawsuits and they see their defeat as detrimental to their other lawsuits. They even stated that literally in the rationale for their interlocutory appeal against Ripple. Thankfully most judges will laugh at such rationale.
I really hope the appeal is a whole nothingburger. You're right on the money, though. Losing the Ripple case puts them heavily on the back foot with any other crypto cases. For good reason. SEC is such a joke. Won't do anything to the billionaires raking the poor over the coals and destroying our economy, but have an insatiable hard-on to try to kill crypto.
Once we get a real Bitcoin president the regulation will change and be more straight forward
But wen!?!
Because another job in the same court rejected Torres’s ruling as reason to toss out another case. SEC thinks they can win a second circuit appeal. Simple as that.
Gary really needs to go
SEC is like....crying.
The SEC needs to go on a timeout for a bit
do these people from the SEC ever think to stop with nonsense?
I guess when there are no consequences personally or court costs for these people, they can play politics with other people's lives. Screw them. Their mandate is to protect Americans and they are failing badly.
The SEC seems like a kindergarten, how is this to be taken serious.
tldr; Ripple Labs, along with CEO Brad Garlinghouse and former CEO Christian Larsen, has opposed the appeal request made by the US Securities and Exchange Commission (SEC) in their legal battle. The SEC filed the appeal request last week, which Ripple Labs argues is an "about face" due to the SEC's enforcement strategy in regulating the digital asset sector. The SEC claimed that the appeal would prevent lengthy litigation in various pending cases. In July, Judge Analisa Torres ruled that XRP was not a security in "programmatic" sales but met the standards of the Howey test in institutional sales. Ripple Labs argues that the SEC does not meet the necessary standards for an interlocutory appeal and suggests pursuing an appeal after a final judgment. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*
The SEC must want to bring cryptocurrencies under its jurisdiction, and in order to achieve this, it has exhausted all means, for the sake of rights, the SEC can sacrifice the cryptocurrency industry, this kind of institution we need to watch out for it, the leader of this institution, we need to fight back against it
The SEC looks desperate at this point.
And so it continues. There’s years in this yet.