Ripple CEO Brad Garlinghouse took to Twitter to express his criticism of the US Securities and Exchange Commission (SEC) for what he perceives as hypocrisy in their public statements regarding the cryptocurrency industry.
The future of the cryptocurrency market may be significantly impacted by a new consideration being made by the US Supreme Court.
Bitcoin ATMs allow users to buy and sell Bitcoin easily using cash or credit cards, without the need for a centralized exchange. There are over 35,000 Bitcoin ATMs worldwide, with the majority in the US and Canada. While they offer convenience and anonymity, there are also risks such as fraud, high fees, and technical issues. Accepted cryptocurrencies vary by location.
The US SEC has emerged victorious in multiple legal battles against companies operating in the crypto space, as it now turns its attention towards Ripple and its executives.
The dependence of XRP investors on Ripple's legal actions to win the SEC lawsuit was stressed by Bill Morgan.
Attorney Jeremy Hogan raised the possibility of a split decision by the Judge in the XRP lawsuit.
According to attorney John Deaton, who has been appointed as an Amicus curiae in the XRP lawsuit, a ruling by the Judge is expected to be issued in the next few weeks.
The outcome of Ripple's recent legal submissions in the XRP lawsuit could prove crucial in obtaining a Summary Judgment in its favor.
On Monday, Ripple submitted a notice of supplemental authority in the ongoing legal battle between XRP and the U.S. Securities and Exchange Commission (SEC).
John Deaton, an attorney serving as Amicus Curiae in the XRP lawsuit, has made a significant prediction in favor of Grayscale Investment.
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