Ripple Lawyer Joins Criticism as SEC Faces 18-State Crypto Lawsuit

Quick Summary:

In a bold challenge to federal authority, 18 U.S.states have filed a lawsuit against the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, accusing the agency of overstepping its regulatory bounds.  The lawsuit alleges that the SEC’s aggressive enforcement actions against the cryptocurrency industry represent an unauthorized expansion of its power.

Ripple’s […]

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Article Details

Author / Journalist: Nynu V Jamal

Category: Crypto

Markets: India

Topics: Market News Market SEC News XRP News Ripple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 07:35:00 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 130 words

Reading Time: 1 minutes read

Sentences: 46 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23602687

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

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