Notes

Not known Facts About Court denies SEC access to Ripple's legal advice


<h1 style="clear:both" id="content-section-0">Not known Facts About Amid SEC lawsuit, cryptocurrency startup Ripple hires new<br></h1>
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<p class="p__0">Ripple Desires to Concern Ex-SEC Official According to lawyer James Filan, Ripple's deposition request aims to bring an ex-SEC member to court. He composes: "This suggests that Ripple wishes to concern, under oath (deposition), a previous SEC official." This Is Cool added that "we [the neighborhood] do not understand who the previous SEC official is yet." However, numerous high profile members have left the SEC in current months, and all are potential candidates.</p>
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<p class="p__1">Offered his participation in the event, he is a most likely prospect. Other possibilities consist of William Hinman, Sagar Teotia, and Stephanie Avakian. Each specific left the SEC in the last a number of months. Nevertheless, each has actually had minimal involvement in the event, and as such they are less most likely topics. SEC Desires to Quash Request Meranwhile, the SEC is attempting to quash Ripple's request.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://btcmanager.com/wp-content/uploads/2021/05/SEC-set-to-disclose-Internal-documents-on-XRP-Bitcoin-Ether.jpg" alt="The Ripple SEC lawsuit and its impact on XRP price - Cryptopolitan"><span style="display:none" itemprop="caption">Winning Against SEC, Ripple Cryptocurrency Price Gets Green Light</span>
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<p class="p__2">It is not clear what Ripple intends to achieve by having a former SEC member testify in court. However, Ripple previously criticized the SEC for releasing its legal case during the transition between the Trump administration and Biden administration. Ripple CEO Brad Garlinghouse mentioned in April: "Jay Clayton the day before he left workplace, brought this lawsuit against Ripple and versus me personallyto do that the day before he leaves his position, I think it was misguided." If the previous SEC member does not provide testimony, Ripple's complaints around the changeover appear to be genuine.</p>
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<h1 style="clear:both" id="content-section-1">5 Simple Techniques For Ripple Wants Former SEC Member to Testify In Case - Crypto<br></h1>
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<p class="p__3">Earlier this month, Ripple argued that the SEC did not give it reasonable notification prior to the claim. It likewise got a small triumph when it avoided the SEC from accessing a few of its files. More recently, SEC Commissioner Hester Peirce suggested that XRP "does not necessarily need to be a security." In her view, it is the underlying investment agreement that is thought about a security.</p>
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<img width="409" src="https://mosttraded.com/wp-content/uploads/2021/01/japan-XRP.jpg">
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvMDk5YTIyMzgtYjJiOC00NjNiLTkzNWYtYjYxYjYyZGVmMWFlLmpwZw==.jpg" alt="SEC vRipple takes its toll as fresh competition arises: Algorand-powered Six Clovers - FinanceFeeds"><span style="display:none" itemprop="caption">Cryptocurrency company Ripple says SEC lawsuit is imminent - Axios</span>
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<p class="p__4">He believes that the case could reach a summary judgment by early 2022. Disclaimer: At the time of composing this author held less than $75 of Bitcoin, Ethereum, and altcoins, and did not hold XRP. Share this post The info on or accessed through this website is acquired from independent sources we think to be precise and dependable, but Decentral Media, Inc.</p>
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