The US Securities and Exchange Commission (SEC) has been highly concerned by the leaders of the digital currency market for its suspected excessive control. A friend of the court in the XRP lawsuit claimed that before the SEC lawyer filed a lawsuit against one of its American entrepreneurs, Weixie wanted to close it down.
John Deaton, the lawyer of XRP holder in the Ripper lawsuit, made an important complaint to the committee. He pointed out that the SEC threatened and launched law enforcement actions against data encryption enterprises. However, such cases do not belong to fraud and misrepresentation.
He further claimed that such law enforcement action should be taken when the Committee held several meetings with Bernie Madoff. XRP lawyer's call to the United States means that he can testify to all the relevant information he received.
Deaton added that he decided to provide direct evidence on how the SEC handled the operation mode of American digital currency enterprises. In addition, the statistics of CoinGap's price tracking enterprises show that XRP's price is currently $0.40694, down 3.69% in the past 24 hours.
XRP lawyer initiated a lawsuit against LBRY and SEC, and indicated that the committee made the data encryption enterprise bankrupt through this procedure. It is claimed that this blockchain company has basically died, and the SEC has been threatening them privately for three years.
However, Jeremy Kauffman, CEO of LBRY, gave a clear voice to its platform users at the hearing. Although he stipulated the establishment of secondary market transactions. The people's court will start the final trial of the case on January 30.
LBRYCEO mentioned that he had begged before the SEC and agreed to make any changes. They made it clear that they should focus on the change of the BTC with the non-securities logo and the Ethereum.
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Tue, 18 Apr 2023