SEC will not stop at the entire crypto room, says the former federal prosecutor-regulation Bitcoin News

Veröffentlicht:

Von:

A former federal lawyer says that the US stock exchange supervisory authority (SEC) will "not shy away from anything to control the entire crypto room". The SEC has now threatened to sue the Coinbase crypto tour noted on the Nasdaq. The supervisory authority is already in an ongoing procedure with Ripple Labs and its managers.

SEC follows the entire crypto room, says the former federal prosecutor

James K. Filan, a former federal prosecutor who worked in the Connecticut district for nine years, commented on the Warning edited by the US stock exchange supervisory authority SEC for the Lend program of Coinbase on Wednesday.

Filan is a lawyer specializing in securities disputes and official investigations. He is also a prominent voice in the Ripple community. Filan tweeted:

The second will not stop at anything to control the entire cryptor room. This is not just about ripple. The SEC accuses Coinbase of using "intimidation tactics behind closed doors" to prevent the company from starting a credit program.

Münzbasis unveiled at late Tuesday that the company has threatened because of its company To sue credit products. "The SEC informed us that they consider Lend as security, but do not say why or how they came to this conclusion," said the crypto tour noted on the Nasdaq.

The crypto community quickly indicated similarities between the threats between the SEC against Coinbase and its enforcement measures against Ripple Labs and its managers in the sale of xrp . When the SEC sued Ripple Labs, Coinbase was quickly deleted from the list xrp . Now, xrp asking to stand against the sec.

Supporter of xrp and ripple have long said that the complaint is not limited to xrp but an attack on the entire crypto industry. The SEC is supposedly also Examining the startup that runs the decentralized exchange Uniswap.

ripple CEO Brad Garlinghouse tweeted on Wednesday: "The continued war of the Sec against Krypto continues to take place. In December 2020 I said that we have been talking to the SEC for almost 3 years about xrp , '..and never meets with clarity.' Sounds known!? "

Stuart Alderoty, General Counsel for Ripple, tuned:

We are told that we should get involved with the SEC in good faith ... and what do we get? Enforcement measures (or threats) without clarity. Your preferred method of strong intimidation and the inconsistent application of unclear rules in the end harms consumers and the markets.

Do you agree that the SEC is not shy away from anything to control the entire crypto room? Let us know in the comment area below.

Bedy verification : Shutterstock, Pixabay, Wiki Commons