'Nightmare Ripple-SEC Scenario' Described by Fox Business' Charles Gasparino

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

.Ripple loses to the SEC, Gensler could target ethereum: Potential 'nightmare crypto scenario' from Cgasparino XRParmy

January 5, 2023

At the moment, all eyes of the XRP community and the crypto space overall are on the lengthy lawsuit between the crypto giant and the regulator. The parties continue to file additional documents, their supporters submit their amicus briefs. Chief of Ripple Bradley Garlinghouse expects the settlement between the parties to happen in the first quarter of 2023.

As reported by U.Today earlier, Charles Gasparino offered his 163,800 followers on Twitter to get acquainted with what he believes to beThe main reason amid the current debacle of the FTX exchange and its founder Sam Bankman-Fried, who has been arrested for defrauding investors, is constant sales of XRP by Ripple despite the SEC's warnings.

He said that Ripple's management was flouting the authority of the regulator as it kept on selling XRP despite notices to stop that were coming from the SEC. As for the second biggest blockchain, Ethereum, Gasparino said that it"did possibly one sale and stopped. No case." He rushed to add that he was not taking sides, just reporting and explaining his take on the case.

According to a recent poll conducted by CryptoLaw founder John Deaton, who closely follows the case, the XRP community expects

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ripple ethereum CGasparino 미국은 법이 존재하지 않나요?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ripple-SEC Case 'Real Reason' Named by Fox Business' Charles Gasparino.Ripple was flouting the SECgov's authority by keeping up $XRP sales, so the SEC sued it, CGasparino believes. s_alderoty JohnEDeaton1
Source: Utoday_en - 🏆 295. / 63 Read more »

Over a quarter of a million dollars’ worth of jewelry stolen from Broad Ripple businessMore than a quarter of a million dollars’ worth in jewelry - gone in a matter of minutes from a jewelry store in the heart of broad ripple.
Source: wrtv - 🏆 598. / 51 Read more »

4 area business leaders to be inducted into Dothan Business Hall of FameThe Dothan Business Hall of Fame will induct four area business leaders during the 2023 Banquet and Induction Ceremony to be held in April.
Source: dothaneagle - 🏆 337. / 59 Read more »

The List: Here's the largest business networking groups on the First Coast - Jacksonville Business JournalHere are the First Coast's largest business networking groups by members
Source: JaxBizJournal - 🏆 599. / 51 Read more »