XRP Lawsuit: US SEC's Attorney Pascale Guerrier Withdraws

Also Read: Terra Luna Classic Validator To Fund USTC Repeg Team As Community Rejects Proposal

advertisement

US SEC’s Attorney Withdraws From XRP Lawsuit

In a filing dated August 23, 2022, the federal regulatory agency said that attorney Guerrier is no longer a part of the lawsuit against Ripple Labs. However, other counsels recorded previously continue to represent the agency, it said in the filing.

“Ms. Guerrier is no longer participating in this matter. The SEC continues to be represented by the other counsel of record in this matter.”

In this context, it is unknown as of now as to whether the attorney had asked to withdraw over disagreements with the SEC’s position. The agency officials have been at the receiving end of criticism over the stringent enforcement actions it took against crypto businesses since the beginning of 2023. On the other side, the US lawmakers have been expressing concerns on the threat of dedollarization in the international markets.

Recommended Articles
ethereum price crypto news
Crypto Presale Projects For 2023 To Invest; Updated List
Must Read
crypto exchange affiliate programs
Best Crypto Trading Bots List 2023
Must Read
ethereum price crypto news
Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated]
Must Read
ethereum price crypto news
Crypto Telegram Channels List 2023 [Updated]
Must Read
ethereum price crypto news
Top 10 Web3 Games To Explore In 2023; Here List
Must Read

XRP Price: What Next?

Following the historic Summary Judgment by Judge Analisa Torres on the sale of XRP token for retail buyers, Ripple has seen a new wave of adoption in the United States. The likes of crypto exchanges Coinbase and Kraken have relisted the token, in light of the July 2023 Judgment, due to which the XRP price took an instant jump. Will it take yet another regulatory development or progress in the lawsuit for the next wave of price rally for the token?

Also Read: DOGE Price Prediction: Can Elon Musk’s Tweet Pump Dogecoin To $1?

Comments

Post a Comment

Popular posts from this blog

Who Created Bitcoin? Satoshi Nakamoto, or the NSA?

Image
The world’s first and largest cryptocurrency , Bitcoin [BTC], emerged in 2008 and started being used in 2009. Currently, the leading cryptocurrency is valued at $26,618, and it reached a peak of $69,044 back in 2021. Despite its significant value and increasing popularity, the identity of the asset’s creator remains shrouded in mystery. Among the various claimants to the identity of Satoshi Nakamoto, one entity has garnered significant attention from the community. There have been suggestions connecting the creation of Bitcoin to the U.S. government, particularly the National Security Agency [NSA]. Daniel Roberts, co-founder of Iris Energy, resurfaced a long-standing theory, dating back to 1996. It was titled “How to Make a Mint: The Cryptography of Anonymous Electronic Cash.” The NSA invented Bitcoin? 1996 paper titled: HOW TO MAKE A MINT: THE CRYPTOGRAPHY OF ANONYMOUS ELECTRONIC CASH* Sources include "Tatsuaki Okamoto" 😳 Who else would be able to ...
Read more

BoE Governor Bailey Says Crypto Is Not Money

Image
Join Our Telegram channel to stay up to date on breaking news coverage Andrew Bailey, the governor of the Bank of England, has said that crypto is best classified as an extremely speculative investment. Citing that they don’t meet the standards to be recognized as money, the Governor has said at the Financial and Professional Dinner services in London on Monday that a better form of money would be “enhanced digital money”. BOE'S BAILEY: BITCOIN-TYPE CRYPTO BEST SEEN AS EXTREMELY SPECULATIVE ASSETS BOE'S BAILEY: STABLECOINS ARE NOT ROBUST AND DO NOT MEET STANDARDS OF SAFE MONEY This is what's known in cryptoland as a 1-2 punch. — Ivan the K™ (@IvanTheK) July 10, 2023 Bitcoin has No Intrinsic Value and is Highly Volatile – Andrew Bailey Andrew Bailey gave a speech titled “New Prospects for Money” at the Financial and Professional Services Dinner. He started with the need for digitization and his moves to curb the current infl...
Read more

Pro-Crypto DeSantis Contrast Biden’s Stance in 2024 US Election

Digital assets have emerged as one of the early focal points in the upcoming 2024 U.S. presidential election. In a surprising move, one of the prominent new candidates has even referenced Bitcoin in his campaign opener, using it as evidence of President Joe Biden’s alleged missteps. @GovRonDeSantis announced he’s running for president on Twitter. This was by far the biggest room ever held on social media. Twitter performed great after some initial scaling challenges. Thanks Twitter Team for adapting so quickly to make history!https://t.co/mTJ2INQ1Y7 — David Sacks (@DavidSacks) May 24, 2023 While the fiercest battle is expected to unfold among Republican contenders, with former President Donald Trump assuming the role of Biden’s primary nemesis, an unexpected challenge has emerged in the form of Florida Governor Ron DeSantis. DeSantis wasted no time in staking out a position on crypto, employing it as a political shorthand. During his campaign’s ...
Read more