TL;DR Breakdown Former SEC Executive thinks that Ripple Lab could win its case against the financial regulator. Lack of clarity affects the crypto and blockchain industry of the country A one time top executive of the Securities and Exchange Commission (SEC), Joseph Hall, has indicated that the financial regulator could lose its case against crypto […]
In a recent interview, Joseph A. Hall, a former executive at the U.S. Securities and Exchange Commission (SEC), explained why “there’s a good chance” his former employer loses its lawsuit against Ripple Labs. Hall has been partner in U.S. law firm Davis Polk since September 2005. Before that, between October 2003 and June 2005, he was […]
The price of XRP has plunged after supporters of the cryptocurrency helped it recover from the drop it endured after the U.S. Securities and Exchange Commission (SEC) announced a lawsuit against Ripple Labs. Data shows the cryptocurrency was trading at about $0.29 before the artificial price inflation, seemingly orchestrated in a Telegram group called “Buy […]
In February, United States Securities and Exchange Commission Commissioner Hester Peirce was asked to give her opinion on the SEC’s case against Telegram....
The U.S. Securities and Exchange Commission, or SEC, and Kik Interactive have both filed oppositions to each other's motions for summary judgment on...
In light of Kik’s recent announcement of a crowdfunding campaign to bring about a new Howey Test for cryptocurrencies as well as a statement from SEC Director of Corporation Finance William Hinman regarding the possibility of ICOs being eligible for relief from enforcement, regulatory confusion abounds. What is clear is that regulations are suffocating development […]
