Regulations
By Steven Anderson
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Ripple (XRP) and Legal Filing
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Stuart Alderoty expressed that they have filed their preliminary legal response to the SEC’s complaint.
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No other country has classified XRP as a security. The SEC is at odds with its counterparts in the US & peers in other G20 markets.
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Further stated, we also filed a Freedom of Information Act request asking how the SEC determined ETH evolved from a security to not a security.
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Also stated, we’re not defending this case just for ourselves, we’re fighting for everyone who has been hurt by the SEC’s filing, to restore order to the markets and most…
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For those who are curious they have published the entire legal filing and that should be suffice for the curious minds out there.
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The community pointed to how by bringing a case which alleges an unregistered offering of just over $1.
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Some community member have a different view, they stated, everyone that’s asking for it to go faster this will not speed up the process it’s just going to be on your mind.
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Some feel that the legal issue might drag for months, years and even decades.
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The stakes are already too high. General Counsel at Ripple have pointed to how it is important to develop clear rules that encourage (not punish) entrepreneurs and developers to…
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