The Securities and Exchange Commission and Ripple Labs are currently awaiting the result of their ongoing legal dispute. The SEC has charged Ripple Labs with violating U.S. securities laws by offering unregistered securities in the form of XRP. Both sides remain confident in their positions, despite the uncertainty of the outcome. Stuart Alderoty, Ripple’s General Counsel, has recently referred to the SEC case as ‘misguided’ and has expressed optimism about the future of cryptocurrency regulation in the United States. On the other hand, John Deaton, the creator of Crypto Law, has referred to the SEC’s claims as being “inconsistent” and
Go to Source
Author: NixCoin