Finance News

Story: Just Looks Like Ripple (XRP) Has the Best Lawyers on the Planet Check the SEC Update

By James Thorp

1 / 14

Brad Garlinghouse made his say about Bitcoin touching the $1 trillion.  He stated, Amazing!

2 / 14

However, the community is more interested in their own affair which is about the SEC issue.

3 / 14

Brad also seemed to be glad to retweet what Stuart Alderoty tweeted about the SEC issue:  As many of you have seen, the SEC filed an amended complaint today.

4 / 14

Users feel the Ripple (XRP) has the best lawyers on the planet.  Users feel that even with all the effort put in the amended complaint, the complaint is still weak.

5 / 14

For clarity, “A digital asset is a digital representation of something of value, for which ownership is verified and recorded on a distributed ledger.”

6 / 14

This comes at a point in time a user states:  Just when I think the SEC couldn’t look any more embarrassing or lose more of my respect.

7 / 14

I agree 100%. The SEC is simply putting on a show at this point, trying to create the illusion that they have a case against Ripple and XRP. They don’t! They settle or they lose!

8 / 14

XRP Community user stated that the SEC is incredibly embarrassing right now over this whole situation.

9 / 14

Also, some say, between this and their inability to investigate $GME because of the in-between administrations still. For whatever reasons, the SEC looks terrible right now.

10 / 14

Yet another users pointed to how SEC are already changing the topic by putting “security” or “currency” and by putting individuals' name on desk and instead clarification.

11 / 14

In summary, they are trying to fix the work of some amateurs and the SEC is just showing the world how far off they’ve fallen from finance and innovation.

12 / 14

We hope you’ll like this article and if so feel free to send a tip to our writers in XRP (Ripple) To :

13 / 14

Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh

14 / 14

Or any other Cryptos via this link.

The Currency Analytics

Want the full story?