XRP Lawsuit: Ripple Seek To File For Misconduct Post Hinman Docs Release?

Also Read: Ripple CEO Alleges SEC Chair Incorrectly Labels Tokens As Securities

advertisement

Judge Torres To address Overreach In XRP Lawsuit?

Attorney John Deaton, Amicus curiae in the US SEC vs Ripple lawsuit mentioned that there are several instances of corrupt judges and political affiliations in history. However, this might not be the situation in the XRP lawsuit as he knows how District Judge Analisa Torres got selected. He added that she was less political than most of the federal judge.

XRP holders’ lawyer hinted that government overreach and the commission’s conduct might offend the judge to a certain point that she decides to comment on it. Despite the motives involved by former SEC director Hinmans and the US SEC, Judge Torres is expected to apply the law the way she sees it.

Misconduct In Ripple Case?

It is important to note that there is no such motion presented to throw out the XRP lawsuit due to misconduct. There are many voices in the industry that consider this as an option but Ripple hasn’t filed anything like that.

Recommended Articles
ethereum price crypto news
Crypto Presale Projects For 2023 To Invest; Updated List
Must Read
crypto exchange affiliate programs
Best Crypto Exchange Affiliate Programs In 2023
Must Read
ethereum price crypto news
Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated]
Must Read
ethereum price crypto news
Crypto Telegram Channels List 2023 [Updated]
Must Read
ethereum price crypto news
Top 10 Web3 Games To Explore In 2023; Here List
Must Read

Rug Pull Alert: List Of Altcoins Bankrupt Celsius Network Will Sell On July 1st

The attorney stated that he is not surprised that Ripple didn’t move forward to file a motion around bad motives or misconduct. However, it is a bit of a shocker that the defendants didn’t intertwine the narrative of the pleadings. He suggested that selective enforcement happens all the time but this doesn’t mean that Ripple would take that route.

Mooky Presale
Mooky Coin Presale
$MOOKY is a meme token which helps planting trees by donating to charity.
Visit Here
AD

Comments

Post a Comment

Popular posts from this blog

Ethereum (ETH) Rallies On BlackRock ETF Filing: Next Stop $2500?

Image
After BlackRock filed for an Ethereum ETF spot, ETH jumped above $2,100. Ethereum and Tron’s founders deposited large sums of ETH onto exchanges. ETH was overbought but an increase in buying pressure could drag it up to $2,500. After enduring a series of bashings from the crypto community, Ethereum (ETH) finally broke out and jumped above the $ 2,000 psychological resistance. The price rise was connected to the disclosure that leading investment firm BlackRock had filed for an ether ETF. The development resulted in an increased demand for ETH, thereby positively impacting the price action. At press time, ETH changed hands at $2,121, according to data from CoinMarketCap. Following the surge, many market players are now calling for ETH to reach $2,500 and beat down the dominance of bitcoin (BTC). Big Players Move ETH Another interesting development that occurred after the price increase was revealed by the smart money tracking platform Lookonchain....
Read more

Shiba Memu: $3M in presale screams buy now for this AI-powered meme

Shiba Memu brings AI to the crypto meme world. The project has so far raised more than $3 million from investors. SHMU’s price during the presale could be a huge bargain – priced at $0.028450 per token today.  As the cryptocurrency market continues to play out the choppiness expected before the next bull cycle, analysts say this could be an ideal time to play out opportunities in the altcoin market. Investors are likely to consider several tokens offering an excellent buy-low scenario, and one place to look for the #1 contender for crypto gem of the year is the presale market. Shiba Memu (SHMU) is among a few cryptocurrency projects that have attracted massive attention and interest from investors. The $3 million presale raise for this token so far suggests savvy investors know a thing or two about its potential.  Here’s what you might want to know about Shiba Memu. What is Shiba Memu? $SHMU isn’t just another crypto meme...
Read more

U.S. DOJ indicts eight Chinese firms for using crypto in fentanyl trade

The U.S. Department of Justice (DOJ) has unveiled eight indictments against Chinese companies and their employees involved in making and distributing potent synthetic opioid fentanyl . According to the justice department, these companies may have used cryptocurrency, along with other payment methods, to conceal their identities and financial transactions. Justice Department Announces Eight Indictments Against China-Based Chemical Manufacturing Companies and Employeeshttps://t.co/f37okHaa6z — Justice Department (@TheJusticeDept) October 3, 2023 Two individuals, Qingsong Li and Chunhui Chen, linked to Hebei Shenghao Import and Export Company, were found to hold wallets used for remittances related to precursor chemicals. Another individual, Wei Zhang, associated with Hubei Guanlang Biotechnology Company, allegedly operated a crypto wallet facilitating transactions for fentanyl precursors and opioid additives. You might also like: Bitcoin and tether accepted by Chine...
Read more