Ripple’s CLO Criticizes SEC’s Response in XRP Lawsuit: Key Highlights (XRP)

• The SEC has stated that Ripple’s lack of violations since the XRP lawsuit in 2020 does not guarantee the prevention of future violations.
• The SEC has rejected Ripple’s changes, deeming them insufficient, while Ripple’s CLO criticizes the SEC for failing to apply the law faithfully.
• The SEC’s remedies brief and Ripple’s response highlight the ongoing tension between the two parties.

As the SEC continues to scrutinize Ripple’s actions, the future of XRP remains uncertain. This article delves into the recent developments in the ongoing Ripple vs SEC case.

SEC’s Stance on Ripple’s Future Conduct

The U.S. Securities and Exchange Commission (SEC) recently submitted a supporting remedies brief, asserting that Ripple could potentially repeat its past actions. This is despite Ripple not having violated any rules since the XRP lawsuit filed in 2020. The SEC has countered Ripple’s arguments that it hasn’t acted recklessly and that there shouldn&#... Read the full article for FREE at COINOTAG!