Ripple Chief Legal Officer: The US SEC’s Withdrawal of Charges Against Executives Is Not a Settlement, but a “Surrender”
October 20th, Ripple's Chief Legal Officer Stuart Alderoty posted on social media stating that "the U.S. Securities and Exchange Commission made a serious mistake when charging Brad Chris individually. Now they have surrendered and dismissed all charges against our executives. This is not a settlement. This is the SEC's surrender." Earlier today, the U.S. SEC dropped all charges against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Senate Banking Committee cancels confirmation vote for SEC’s Caroline Crenshaw
In the meantime, Trump will name either Commissioner Hester Peirce or Mark Uyeda as acting chair
Trump family crypto project WLFI reaches cooperation with Ethena Labs
Affected by the cooperation news, ENA rose by about 8% in a short period of time
Trending news
MoreCrypto prices
More
