Former SEC official predicts regulator will lose on the merits on XRP -

Former SEC official predicts regulator will lose on the merits on XRP

Crypto telegram Signals – Joseph Hall believes that the SEC is not yet equipped to handle litigation in cases concerning cryptocurrencies as securities yet, making it hard to win the case against Ripple. Popular Crypto Trader Predicts Coins

A former executive from the Securities and Exchange Commission believes the regulator has a good chance of losing its $1.3 billion lawsuit against Ripple “on the merits” of the case. Bloomberg Foresees Bitcoin Rallying To $400k

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Attorney Joseph Hall also voiced concerns over what the SEC’s endgame could be regarding the high-stakes case against Ripple (XRP), which will have ramifications for the entire industry.

The lawsuit alleges that the company and its co-founders, Brad Garlinghouse and Christian Larsen, failed to notify the SEC about its sale of XRP beginning in 2013, and that the tokens are unregistered securities. The SEC is trying to prove that securities fraud took place as a result.

Hall, a former Managing Executive for Policy at the SEC appeared on the Thinking Crypto podcast with host Tony Edward on Feb. 22 where he said: Canadian regulators release crypto exchange guidance

Former SEC official predicts regulator will lose on the merits on XRP

Bitcoin shows bearish signals as crypto market loses $100 billion

Former SEC official predicts regulator will lose on the merits on XRP

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