Breaking: Elon Musks DOGE Launches SEC Probe as Ripple Lawsuit Nears End
The post Breaking: Elon Musks DOGE Launches SEC Probe as Ripple Lawsuit Nears End appeared first on Coinpedia Fintech News
In a latest development, Elon Musks DOGE has announced audit into the SEC for fraud, abuse and waste. The cryptocurrency community is closely watching this development, particularly as the SECs lawsuit against Ripple is nearing its conclusion.
The DOGE_SEC account has urged the public to share information about the SECs actions. DOGE is seeking help from the public! Please DM this account with insights on finding and fixing waste, fraud, and abuse, the account posted.
This move has sparked heated debates among legal and financial experts. In reaction to this, Coinbases Chief Legal Officer, Paul Grewal, suggested a rule requiring the SEC to pay legal fees for defendants who successfully fight its lawsuits. Other voices from the crypto community have also raised concerns about the SECs actions, especially over its ongoing litigation with Ripple.
Besides, Ripples CLO, Stuart Alderoty, responed to SECs ongoing scrutiny, saying, I have the receipts, suggesting that crucial documents tied to the case could soon be made public. However, it remains to be seen if this could bring a swift end to the Ripple vs. SEC case.
Read more: https://coinpedia.org/news/breaking-elon-musks-doge-launches-sec-probe-as-ripple-lawsuit-nears-end/
Text source: Coinpedia – Fintech & Cryptocurreny News Media| Cr
