FTX פאַקטיש סיבה הינטער סעק לאָסוץ

קריפּטאָ מאַרקעט נייַעס: Brad Garlinghouse, the Ripple chief executive officer, doubted the motive behind the U.S. Securities and Exchange Commission (SEC) suing two of the world’s top cryptocurrency exchanges. It may be recalled that the US Supreme Court had earlier accepted the motion to consider arguments about cutting down discretionary powers of the federal regulatory agencies. Meanwhile, influential people in the crypto market community are questioning the extent to which the SEC had powers to fight companies legally. When it comes to crypto lawsuits, the XRP holders often show strong support to Ripple, and in this case, the community is calling for market participant unity in the fight against the SEC.

אויך לייענען: Key Differences In SEC Charges Against Coinbase And Binance

In recent times, the SEC faced heavy criticism for its failure to catch hold of the discrepancies in the financial condition of FTX exchange, prior to its collapse in November 2022. Hence, the Ripple CEO is pointing to the FTX failure as the real reason behind SEC’s attack on crypto businesses.

SEC “Throwing Lawsuits At The Wall”

Garlinghouse heavily criticized SEC Chairman Gary Gensler for hiding behind lack of powers to go about attacking businesses. He alleged that the lawsuits against Binance and Coinbase are SEC’s ways to distract from its FTX failure.

“The SEC is throwing lawsuits at the wall and hoping they distract from the agency’s FTX debacle. It’s embarrassing to watch an unelected bureaucrat (Gary Gensler) flail like this to mask the fact that he and his agency don’t have the power that he so desperately craves.”

Meanwhile, further progress in the XRP Vs SEC lawsuit is likely in the next one week when the Hinman documents will be made public.

אויך לייענען: Cardano (ADA) Selloff Picks Momentum After Been Implicated in Coinbase Crackdown

AD

Anvesh ריפּאָרץ הויפּט קריפּטאָ דערהייַנטיקונגען אַרום רעגולירן, לאָסוץ און טריידינג טרענדס. פֿאַרעפֿנטלעכט אַרום 1,000 אַרטיקלען און קאַונטינג אויף קריפּטאָ און וועב 3.0. ער איז איצט באזירט אין הידעראַבאַד, ינדיאַ. רוף צו אים בייַ [אימעיל באשיצט] אָדער twitter.com/BitcoinReddy

די דערלאנגט אינהאַלט קען אַרייַננעמען די פערזענלעכע מיינונג פון די מחבר און איז אונטערטעניק צו די מאַרק צושטאַנד. טאָן דיין מאַרק פאָרשונג איידער ינוועסטינג אין קריפּטאָקוררענסי. דער מחבר אָדער די ויסגאַבע איז ניט פאַראַנטוואָרטלעך פֿאַר דיין פערזענלעכע פינאַנציעל אָנווער.