The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
Ripple

SEC Faces A Brutal Ripple Reckoning With Federal Judge Granting Brad Garlinghouse’s Request For Binance Documents ⋆ TCNW

by Miki 08/30/2021
by Miki 08/30/2021 0 comment

SEC Faces A Brutal Ripple Reckoning With Federal Judge Granting Brad Garlinghouse’s Request For Binance Documents

Advertisement

&

&

Fintech startup Ripple has notched another win this week in its endless legal showdown with the United States Securities and Exchange Commission (SEC).

As TCNW reported on Tuesday, the lawsuit between the SEC and Ripple now involves the world’s largest cryptocurrency exchange by volume, Binance. Specifically, CEO Brad Garlinghouse filed a motion requesting documents from Binance Holdings Limited, Binance’s Cayman Island-based subsidiary, arguing that the records of his XRP transactions are relevant to the lawsuit.

Fortunately for Garlinghouse’s legal team, U.S magistrate judge Sarah Netburn has ruled that Ripple may access Binance docs. As such, the court will organize the delivery of a letter of request to the Central Authority of the Cayman Islands on Garlinghouse’s behalf to compel evidence from the exchange.

The judge’s decision is not entirely unexpected; she previously granted Garlinghouse and co-founder Christian Larsen’s motions to obtain documents from Bithumb, iFinex, OKEx, Huobi, Bitstamp, and other international exchanges. Furthermore, the SEC did not oppose Garlinghouse’s latest request.

The ruling is significant nonetheless because it lets Garlinghouse challenge SEC claims that he sold a huge portion of his XRP tokens on US-based asset trading platforms.

Advertisement

&

&

Suffice to say, the atrocious XRP suit against Ripple has triggered outrage in the crypto community and a counter lawsuit, putting the agency itself on trial. A Ripple awakening might create the humility the SEC requires to determine if it’s truly justified to seek regulatory action. 

Ripple intends to go public once the case concludes. While much has been said in the past, the final resolution of the case and when it will end is anyone’s guess. Some estimates, however, propose that the lawsuit will come to an end in early 2022.

Meanwhile, a lawyer in the Ripple community recently alluded that Ripple had satisfactorily acquired the testimony of a former high-ranking SEC official who said in 2018 that bitcoin and ether aren’t securities. He also suggested that the firm is using the information sought from the deposition to interview other people involved with the SEC.

Source link

Views: 0
BinanceBradBrutalDocumentsFacesFederalGarlinghousesGrantingJudgeReckoningRequestRippleSECTCNW
Share
0
FacebookTwitterPinterestEmail
previous post
Ethereum Classic, Binance Coin, Tezos Price Analysis: 29 August
next post
Government in Cuba Looking to Recognize Cryptocurrencies as Legal Tender

Related Posts

Why Solana, Dogecoin, XRP, Shiba Inu, and Cardano...

12/28/2021

Garlinghouse Shakes Off SEC’s “Antics” Towards Ripple and...

12/24/2021

Will ‘Dogefather’ Elon Musk Look In The Direction...

12/22/2021

XRP Creator Chris Larsen Proposes Strategy To Incentivize...

12/20/2021

Why Former SEC Chair Clayton Refused To Comment...

12/18/2021

More Wins For XRP and Ripple? SEC Reportedly...

12/16/2021

Ripple And XRP Prone To More Wins As...

12/14/2021

Ripple’s Co-Founder Comes Up With A Genius Way...

12/12/2021

Ether Next To Be On SEC’s Purview If...

12/08/2021

SEC vs. Ripple – Kevin O’Leary Reveals Why...

12/02/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Dogecoin Tests Support At $0.1950

  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

  • Dogecoin Co-Creator Buys $DOGE ‘After 8 Years of Vowing Never to Buy Crypto Again’

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Mining (0)
  • Ripple (149)
  • Uncategorized (0)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$28,497.00-3.62%
  • ethereumEthereum(ETH)$1,730.63-6.83%
  • tetherTether(USDT)$1.00-0.15%
  • usd-coinUSD Coin(USDC)$1.00-0.13%
  • binancecoinBNB(BNB)$298.17-4.42%
  • rippleXRP(XRP)$0.380244-3.71%
  • Binance USDBinance USD(BUSD)$1.00-0.02%
  • cardanoCardano(ADA)$0.451732-7.19%
  • SolanaSolana(SOL)$41.14-7.49%
  • dogecoinDogecoin(DOGE)$0.0796800.65%
  • polkadotPolkadot(DOT)$9.17-0.94%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,457.00-3.76%
  • tronTRON(TRX)$0.079277-5.83%
  • Lido Staked EtherLido Staked Ether(STETH)$1,688.51-7.37%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • daiDai(DAI)$1.00-0.15%
  • AvalancheAvalanche(AVAX)$21.76-11.01%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • Shiba InuShiba Inu(SHIB)$0.000010-4.04%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.85-0.58%
  • litecoinLitecoin(LTC)$61.59-4.76%
  • CronosCronos(CRO)$0.166205-5.52%
  • HederaHedera(HBAR)$0.389473-3.44%
  • matic-networkPolygon(MATIC)$0.57-6.46%
  • RareRare(RARE)$0.0461220.00%
  • FTX TokenFTX Token(FTT)$26.35-5.94%
  • NEAR ProtocolNEAR Protocol(NEAR)$4.74-9.71%
  • bitcoin-cashBitcoin Cash(BCH)$173.65-6.11%
  • moneroMonero(XMR)$179.73-6.56%