News

Coinbase Officially Supports Ripple Against the SEC

US-based cryptocurrency exchange Coinbase has officially submitted its brief to assist Ripple Labs in its lawsuit with the US Securities and Exchange Commission (SEC).
Coinbase Officially Supports Ripple Against the SEC 3

Coinbase, reportedly the largest cryptocurrency exchange in the United States by trading volume, has submitted its brief to support Ripple.

Coinbase says that government agencies cannot condemn violations of the law without giving fair notice, but “by suing XRP token sellers after making claims that such transactions are legitimate.” , the SEC has lost sight of this fundamental principle.”

Coinbase Officially Supports Ripple Against the SEC 4

In December 2020, the SEC filed a lawsuit against Ripple and its executives, alleging the XRP sale was an unregistered securities offering worth more than $1.38 billion.

A summary is usually filed by an individual or entity that is not a party to the case but is intended to influence the court’s decision.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Chubbi

CoinCu News

Chubbi

Recent Posts

DOJ Investigates Polymarket for Alleged Illegal US User Bets

The US DOJ investigates Polymarket for Alleged Illegal US User Bets Polymarket, for allegedly permitting…

54 minutes ago

Get Ready for a New Level of Excitement If You Missed Ethereum ICO: Qubetics Could Redefine Success

Ethereum’s ICO was priced at around $0.30 per token, and today, it’s valued in the…

1 hour ago

A Missed Moment with Cardano? Here’s Why Qubetics at $0.0212 Could Be Your Perfect Timing – Explore the Best Crypto to Join Now

If you’ve been regretting missing out on Cardano, Qubetics ($TICS) might just be the ticket…

2 hours ago

Shiba Inu Price Clears Path To New ATH Of $2 As WallitIQ (WLTQ) Takes The Lead With A 23,000% Surge

The Shiba Inu price is on track to reach a new ATH of $2, while…

2 hours ago

Best Crypto Presales to Watch This November: Get in Early on These Potential Breakout Coins

So, you’re on the lookout for the next big thing in crypto? Aren’t we all?…

6 hours ago

This website uses cookies.