SEC Replaces Introductory Disclaimer; Another Win For Ripple?
Also Read: Ripple Exploring IPO As SEC Lawsuit Nears Its End? advertisement US SEC Lossing Its Hold In XRP Lawsuit? According to Ben Edwards, the US Securities and Exchange Commission (SEC) tweaked its disclaimer for public speeches. It now mentions a statement that the remarks given by the officials are in their official capacity. It is expected that redaction came in response to the Ripple Lab’s discovery dispute. The crucial dispute on then SEC Director Bill Hinman’s 2018 speech is around the legal status he gave out to Ethereum. However, the commission tried to hide the internal communication which led to the infamous speech. It argued that whatever the former executive said was his personal views and it did not represent the agency’s position, decision, or policy. Read More XRP Lawsuit News… It is important to note that the US SEC changed its assertion on the speech couple of times. The judge in the order mentioned the...