Ripple Now Can’t Be Sued Again, Says Attorney Jeremy Hogan
- Jeremy Hogan, a partner at the American legal firm Hogan & Hogan said he owns XRP because Ripple can’t be sued again.
- In his opinion, only Bitcoin is safe from the SEC.
On December 30, 2022, Jeremy Hogan, a partner at the American legal firm Hogan & Hogan who has been actively watching and commenting on the United States Securities and Exchange Commission’s case against Ripple, stated why he buys $XRP.
Previously, the SEC said on December 22, 2020, that it had filed a lawsuit against Ripple Labs Inc. and two of its executives, both of whom are also substantial security holders, charging that they raised over $1.3 billion through an unregistered, continuing digital asset securities offering.
Despite the aforementioned fact, on December 30, Jeremy Hogan, a partner at the American legal firm Hogan & Hogan said he owns XRP because Ripple can’t be sued again.
Hogan said that the CFTC would essentially have to allege some kind of fraud and, even the SEC couldn’t come up with fraud allegations when asked what keeps the CFTC from prosecuting Ripple next.
Hogan continued by saying that, among the top 20 crypto assets, only Bitcoin, in his opinion, is safe from the SEC (perhaps as a result of prior remarks made by Gary Gensler, the current chair of the SEC, and Jay Clayton before him).
A few days ago, Entrepreneur David Gokhshtein, who founded and now serves as chairman of the crypto-focused media company Gokhshtein Media, discussed his intentions to increase his holdings of $XRP, the native coin of the XRP Ledger, on December 27, 2022. (XRPL).
Alright — first thing I’m going to make sure to do in the next few days is to have my #crypto assets in order. Going back to focusing on $BTC and $ETH as my top dawgs. Then, adding more bags of $LTC and $XRP. I’ll still go into meme tokens — risk play but it’s money I can afford to lose.
At the time of writing, XRP is trading at $0.3283, seeing a decrease of 3.52% in the last 24 hours.
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