Ripple’s Chief Legal Officer, Stuart Alderoty, took to social media to express skepticism about the Securities and Exchange Commission’s (SEC) ability to substantiate its claims against Coinbase. He believes that the recent decision to grant the SEC’s lawsuit against Coinbase leave to go to trial poses a difficult phase for the SEC, as the latter must now provide solid evidence to substantiate its allegations.
Re-read Wed.’s Coinbase ruling. Basically, the SEC sold the Judge a bill of goods that she had to accept as true at this stage of the case. Now comes the hard part – – producing evidence. My bet: the SEC is all hat, no cattle.
— Stuart Alderoty (@s_alderoty) March 30, 2024
SEC vs. Coinbase Lawsuit
The lawsuit that was filed by the SEC against Coinbase is centered on the claim that the cryptocurrency exchange conducted unregistered sales of securities. The case entered a new phase when the judge of the federal court of Manhattan allowed the lawsuit to proceed, denyi
We współpracy z: https://coingape.com/ripple-clo-challenges-sec-claims-post-coinbase-decision/
