A top XRP expert questions why Ripple refused to go aggressive against the SEC as Binance did recently. A top XRP expert WrathofKahneman has raised a pertinent question about Ripple’s legal approach against the SEC following recent SEC vs. Binance lawsuit developments. For context, the SEC charged Binance with facilitating the trading of unregistered securities, […] The post Top XRP Enthusiast Questions Why Ripple Wasn’t Aggressive Against SEC first appeared on The Crypto Basic.

Top XRP Enthusiast Questions Why Ripple Wasn’t Aggressive Against SEC

A top XRP expert questions why Ripple refused to go aggressive against the SEC as Binance did recently.

A top XRP expert WrathofKahneman has raised a pertinent question about Ripple’s legal approach against the SEC following recent SEC vs. Binance lawsuit developments.

For context, the SEC charged Binance with facilitating the trading of unregistered securities, including ADA and SOL.

The SEC also leveled other charges against the exchange and its founder Changpeng Zhao, including the mishandling of customers’ funds.

A few hours later, the commission filed an emergency motion, requesting a temporary restraining order to freeze Binance.US assets.

Last week, the judge rebuffed the request, ordering the parties to reach an agreement for a compromise.

Binance Files Aggressive Motion Against SEC

Yesterday, crypto-friendly legal analyst MetaLawMan reported that Binance went on the offense against the SEC in the case.

 

According to MetaLawMan, the leading exchange filed a motion, accusing the U.S. SEC of engaging in unethical behavior. Notably, Binance counsel claimed the SEC violated court rules by making false statements, likely to taint the jury pool and harm its U.S. customers.

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