The lawsuit between Ripple and the US SEC is not over yet, with the SEC suing Ripple for illegally selling XRP to investors.
TwitterBen Armstrong’s YouTuber ‘BitBoy Crypto’ channel also criticized former US SEC chair William Hinman for accepting bribes when the bureau mandated that Ethereum (ETH) was a commodity.
Clear Crypto Oversight from Government Required
Armstrong spoke to Cardano founder Charles Hoskinson’s comments on the litigation battle between Ripple and the SEC, in which Charles thinks Ripple should fight to get the government clear on its governance. The state is more concerned with crypto than accusing government employees of taking bribes.
meanwhile A U.S. judge in the SEC v. Ripple case has attempted to reverse that by ordering seizure of documents citing William Hinman’s speech at a 2018 conference in which he said Bitcoin (BTC) and Ethereum were not. securities
Ripple is confident the lawsuit is nearing its end.
Earlier, Ripple Labs consultant Stuart Alderoty had previously said in an interview with CoinDesk TV that the company felt “confident” and thought the Ripple v SEC case, which began in 2020, is nearing its end. If a federal judge determines that Ripple does not violate federal securities laws,
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