Fox Business Correspondent Questions Ripple’s Ability to Pay $1 Billion Fine in SEC Lawsuit
Charles Gasparino questions Ripple’s finances and XRP community conduct, while XRP influencers and CEO Brad Garlinghouse affirm the company’s ability to pay a $1 billion fine. Key Points Recently, Charles Gasparino, a senior correspondent at Fox Business, took to Twitter to express his concerns about the ongoing Securities and Exchange Commission (SEC) lawsuit against Ripple. Gasparino specifically questioned Ripple’s ability …
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BarnBridge DAO Pauses Operations as SEC Launches Investigation
BarnBridge DAO suspends operations due to an ongoing SEC investigation, raising concerns in the DeFi community and sparking speculation about the future of the protocol. Key Points Decentralized finance protocol BarnBridge DAO has announced that it is temporarily halting all operations due to an ongoing investigation by the United States Securities and Exchange Commission (SEC). The SEC’s probe into the …
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Attorney Clayton J. Masterman Withdraws from Ripple’s Legal Defense Team in SEC Lawsuit
Attorney Clayton J. Masterman’s departure from Ripple’s legal defense team in the SEC lawsuit raises concerns but has no substantial impact on the case. Key Points Attorney Clayton J. Masterman has withdrawn from Ripple’s legal defense team in the lawsuit filed by the U.S. Securities and Exchange Commission (SEC). This news comes just a month after fellow attorney Kylie …
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SEC Chairman Gary Gensler Accused of Market Manipulation
The U.S. Securities and Exchange Commission (SEC) Chairperson, Gary Gensler, is facing accusations of market manipulation in relation to Bitcoin (BTC) and other crypto-focused stocks. Reports suggest that Coinbase, one of the largest cryptocurrency exchanges, may have evidence to support the allegations against Gensler. According to sources, the exchange has presented evidence of Gensler shorting BTC to the tune of …
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Behind the Scenes: Binance Lawyers Reveal Shocking Offer from Gary Gensler to Become Company Advisor
Key Points Binance, a global cryptocurrency exchange that ranks among the largest ones, is currently making headlines following allegations by the US Securities and Exchange Commission (SEC) that the company sold unregistered securities. However, new information has emerged as Binance’s legal team has disclosed a previously unknown fact that Gary Gensler, the chairman of SEC, had offered to provide advisory …
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Supreme Court Backs Law Adaptation in SEC Vs Ripple Case
Ripple’s legal battle with the Securities and Exchange Commission (SEC) regarding the cryptocurrency XRP has received a major boost, thanks to the US Supreme Court’s decision to support Ripple’s argument. This decision could have far-reaching implications for Ripple and the broader cryptocurrency industry, as the court recognized the need for legal principles to adapt to the changing times. Ripple Gets …
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