Ripple and The Latest Developments in The Issue With SEC

in HODLlast month

The body of evidence against Ripple is advancing from the SEC, constantly expanding.

He tends to argue about the situation with the claim at the present time that he is in the midst of a serious fight between the two rallies.

The case now focuses on the presentation and disclosure of evidence and records, as the various parties gather evidence to support their positions.

After this stage, what has been completed is summarized, after which the judge presents his decision.

Friday, April 30th meeting between SEC and Ripple:

Continuation efforts at Friday's meeting centered around whether Ripple's MOU and its relationship with unfamiliar governments were mandatory or deliberate.

Two days before the meeting, Ripple blamed the SEC for using extrajudicial strategies with unfamiliar petitions identified with her MoUs.

The wave reaction was welcomed by the local favorite of cryptocurrencies.

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Judge Sarah Netburn's assessment was as follows:

I agree that although an uncommon organization must agree to its management request, unfamiliar government does not need to follow the SEC's request.

One of the people who watched the conference was attorney Jeremy Hogan. After the counseling, he provided a video clip expressing:

I think the designated authority was leaning towards allowing the SEC to pursue demands in light of the fact that handing over records from unfamiliar government to the SEC is deliberate rather than mandatory.

During the preliminary meeting, Ripple's attorney responded to the SEC's claims by declaring that although there was no reason to provide the records, most parts of the petition were not intentional, particularly when more modest states were being run by a monster like the United States. States. American.

As in countries, especially young ones, submit a request to the Securities and Exchange Commission (SEC) to transfer Ripple's records and MOUs.

Hogan added that the SEC should make it clear that this means "requests for assistance" and not "requests for confirmation."

Likewise, Wave's attorney was opposed to the SEC's attorney for using an outdated model of ex-value to advance his case.

As Ripple's attorney pointed out, the aforementioned case from the SEC's legal advisor is based on false facts and has no convincing truth.

I think Judge Neptune will likely allow the SEC's claims to go ahead, despite the fact that I really feel that it is an out-of-the-box choice in light of the fact that requests for proposals are considered "genuine" (an acceptable term in law and attorney that means training Actually present, not recognized. Officially issued by law).

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By @natalia-irish

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