Ripple files motion to expose XRP holdings of SEC employees | Crypto Craft

  • Ripple files motion to expose XRP holdings of SEC employees

    From cointelegraph.com

    Ripple has filed a motion to compel the United States Securities and Exchange Commission to disclose its internal cryptocurrency trading policies as part of the ongoing legal battle with the securities regulator. James Filan, an attorney closely following the SEC's case against Ripple, shared a new motion document seeking to bring clarity to whether the SEC permitted its own employees to trade XRP, which, as per the regulator’s allegations, is an unregistered security. Filed on Friday on behalf of several defendants — including Ripple Labs, Ripple CEO Brad Garlinghouse, and Ripple executive chairman Chris Larsen ... (full story)

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Goat
Aug 31, 2021 1:17am
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Wow. If Garlinghouse pulls this off he'll be a legend. From the old-timer perspective he has a 99% chance of going to jail, just like all the others geniuses who got rich peddling unregistered securities, so if he actually bucks the SEC that'll be a whole new paradigm. That'll be the day crypto really changes the world.
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