Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Pantera Investor Says VCs Could Soon Ditch Equity for Tokens

15/07/2025

100% Gas Burn, NFT Staking, and Interstellar Roadmap

15/07/2025

Congress To Start ‘Crypto Week’ to Decide U.S. Digital Asset Regulation

15/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin Open Interest Hits New ATH Above $80B

    15/07/2025

    Fidelity’s $48.7M Bitcoin Buy Fuels Institutional Wave as BTC Holds Above $111K

    15/07/2025

    The Bitcoin Mempool: Relay Network Dynamics

    15/07/2025

    the price of BTC still has room for growth

    15/07/2025

    Capital Clearly Coming to Ethereum Amid Changing Narrative for ETH, Says Crypto Strategist – Here’s His Upside Price Target

    15/07/2025

    Ethereum regains $2,700 amid lowest long/short ratio in two years and ETF cash floods

    15/07/2025

    Ethereum is Predicted to Reach $ 3,041.81 By Jul 14, 2025

    14/07/2025

    Hyperliquid Trader Fumbles $26M ETH Short Profit, Faces $716K Loss After Doubling Down

    14/07/2025

    100% Gas Burn, NFT Staking, and Interstellar Roadmap

    15/07/2025

    Bitcoin, Solana, Ethereum Lead L1 Projects Based on Social Activity

    15/07/2025

    Virtuals Protocol Launches ACP Beta for AI and Blockchain Sync

    15/07/2025

    MSTAR Emerges as Most Popular Crypto Asset, NCT, DF, EPIC & Others Follow: LunarCrush Galaxy Score

    15/07/2025

    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

    14/07/2025

    Volume Plunges While Transactions Soar

    11/07/2025

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    10/07/2025

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    10/07/2025

    Pantera Investor Says VCs Could Soon Ditch Equity for Tokens

    15/07/2025

    100% Gas Burn, NFT Staking, and Interstellar Roadmap

    15/07/2025

    Congress To Start ‘Crypto Week’ to Decide U.S. Digital Asset Regulation

    15/07/2025

    ProShares Launches Leveraged Solana and XRP ETFs Following NYSE Arca Approval

    15/07/2025
  • Blockchain

    Luffa and WebKey Launch Web3 Smart Terminal for Decentralized Access

    14/07/2025

    FMCPAY Partners with ZORO to Drive AI Innovation and Global Crypto Adoption

    14/07/2025

    KZOO Brings AIOT DePIN on BNB Chain, Boosting Scalability, Interoperability Capabilities

    14/07/2025

    Ripple CEO Breaks Silence on Company’s Academic Blockchain Vision

    14/07/2025

    Broken Bound and Conflux Network Forge Path for Regulated GameFi in Asia

    14/07/2025
  • DeFi

    Shadowy Entity Behind Trump’s DeFi Project Revealed as Disgraced Web3 Firm

    15/07/2025

    Skyline Launches Wrapped cAP3X Token on Cardano

    15/07/2025

    Blockchain Security Firm Certik Reveals Major Decentralized Finance (DeFi) Protocol Is Being Targeted by Hackers

    15/07/2025

    Why decentralization may surpass speed in DeFi’s next chapter

    14/07/2025

    Enzyme Partners with Compound DAO to Optimize Treasury Management through On-Chain Options

    14/07/2025
  • Metaverse

    Elon Musk’s xAI Quietly Fixed Grok by Deleting a Line of Code

    09/07/2025

    Bonk.fun Grabs 55% of Solana Token Issuance Share, Pushes BONK Demand

    08/07/2025

    Apple’s Top AI Exec Leaves For Meta Amid Aggressive Hiring Trend

    08/07/2025

    Automobili Lamborghini Unveils Digital Temerario and GT3 NFTs in Wilder World

    07/07/2025

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025
  • Regulation

    Pantera Investor Says VCs Could Soon Ditch Equity for Tokens

    15/07/2025

    ‘Regime Change’ at Fed? Crypto Rallies as Pressure Mounts on Chairman Jerome Powell

    15/07/2025

    China’s Stablecoin Studies Hint at ‘Tiered’ But Fractured Approach

    15/07/2025

    Blocksquare Reaches $200M in Tokenized Real Estate Assets

    15/07/2025

    Talks About Fed Chair Powell, New Massive Tariffs and Russia-Ukraine War

    15/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    ProShares Launches Leveraged Solana and XRP ETFs Following NYSE Arca Approval

    15/07/2025

    Kraken introduces local currency funding in Argentina (ARS) and Mexico (MXN)

    14/07/2025

    AEON Integrates KuCoin to Accelerate Online and Offline Crypto Payment Adoption

    14/07/2025

    Binance Introduces Sharia Earn as the First Halal Multi-Token Staking Product

    14/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Crypto games are struggling in 2025, but big brands aren’t giving up

    15/07/2025

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    15/07/2025

    Elon Musk’s xAI Launches Waifu Companions for Grok

    15/07/2025

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    14/07/2025

    All-Time High Mining Difficulty, Quiet Google Trends—Is This the ‘Mature’ Bitcoin Bull Market?

    15/07/2025

    Russia and China lead the surge in Bitcoin’s hashrate 

    14/07/2025

    Q3 Bitcoin Mining Map Exposes Silent Surge in Russia, China, While US Dips Slightly

    13/07/2025

    Another BTC Mining Firm Moves Into Ethereum Reserve, Hailing ETH as ‘Digital Gold’

    13/07/2025

    Congress To Start ‘Crypto Week’ to Decide U.S. Digital Asset Regulation

    15/07/2025

    CLARITY Act Could be a Game Changer for Institutional Adoption of Crypto: Benchmark

    15/07/2025

    One of the World’s Most Restrictive Cryptocurrency Laws Has Come into Force!

    15/07/2025

    Uzbekistan’s HUMO Launches Token Backed by Government Bonds

    15/07/2025

    Pantera Investor Says VCs Could Soon Ditch Equity for Tokens

    15/07/2025

    100% Gas Burn, NFT Staking, and Interstellar Roadmap

    15/07/2025

    Congress To Start ‘Crypto Week’ to Decide U.S. Digital Asset Regulation

    15/07/2025

    ProShares Launches Leveraged Solana and XRP ETFs Following NYSE Arca Approval

    15/07/2025
  • MarketCap
NBTC News
Home»Regulation»Ripple General Counsel Calls LBRY Lawsuit an Injustice, Urges SEC Commissioner To Speak Out Louder and Sooner
Regulation

Ripple General Counsel Calls LBRY Lawsuit an Injustice, Urges SEC Commissioner To Speak Out Louder and Sooner

NBTCBy NBTC01/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Ripple’s high lawyer is urging U.S. Securities and Trade Fee (SEC) Commissioner Hester Peirce to talk out sooner and louder in opposition to the regulator’s hostile strategy towards the crypto trade.

Final week, Peirce launched an announcement of dissent concerning the SEC’s lawsuit in opposition to the blockchain-based file-sharing fee community LBRY, which the regulator filed in 2021 below allegations the corporate bought crypto belongings as unregistered securities.

Responding to Peirce’s assertion, Ripple’s chief authorized counsel Stuart Alderoty asks the commissioner if maybe it’s time for her to file an amicus temporary in protection of LBRY or different circumstances within the crypto trade.

“Thanks, Commissioner. While you see injustices like this proceed in non-fraud circumstances (whereas customers look ahead to recourse from precise frauds), maybe it’s time to let peculiar guidelines of protocol go by the wayside and converse out louder and sooner? Maybe even with an amicus temporary?”

Professional-XRP lawyer John Deaton, who represented 75,000 XRP holders throughout his amicus curiae within the SEC’s lawsuit in opposition to Ripple, additionally responded to Peirce, echoing Alderoty’s sentiments.

“Dissents and open letters of criticism are nice and appreciated. Actually, higher than nothing.

However possibly it’s time to get off the sidelines and take that further step and file an amicus temporary. As you realize, 75,000 particular person holders spoke as much as have their voices heard in Courtroom. I feel it’s time somebody from the within additionally spoke out – in courtroom.”

In Peirce’s latest assertion of dissent in opposition to the SEC, the commissioner questioned why the regulator went after LBRY – an organization that didn’t seem to trigger any discernible hurt to anybody – slightly than go after different firms that had been really engaged in outright fraud.

“Why go after an organization that bought a token for a functioning blockchain with a longtime use after we may have pursued loads of different tasks that had been outright frauds and didn’t try to adjust to the securities legal guidelines? To make issues worse, the Fee took an especially hardline strategy on this case.

For instance, after successful on abstract judgment, the Fee sought financial treatments of $44 million and asserted that LBRY’s provide to burn all tokens in its possession was not enough assurance that LBRY wouldn’t violate the registration provisions sooner or later. The Fee’s requested treatments had been fully out of proportion to any hurt.”

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Examine Worth Motion

Comply with us on Twitter, Fb and Telegram

Surf The Each day Hodl Combine

Generated Picture: Midjourney

 


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

Pantera Investor Says VCs Could Soon Ditch Equity for Tokens

15/07/2025

‘Regime Change’ at Fed? Crypto Rallies as Pressure Mounts on Chairman Jerome Powell

15/07/2025

China’s Stablecoin Studies Hint at ‘Tiered’ But Fractured Approach

15/07/2025

Blocksquare Reaches $200M in Tokenized Real Estate Assets

15/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Pantera Investor Says VCs Could Soon Ditch Equity for Tokens

15/07/2025

100% Gas Burn, NFT Staking, and Interstellar Roadmap

15/07/2025

Congress To Start ‘Crypto Week’ to Decide U.S. Digital Asset Regulation

15/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.