Lawyer outlines Ripple-SEC settlement path amid Coinbase case impact By Cointelegraph
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Amid speculation regarding a potential resolution between and the United States Securities and Exchange Commission (SEC), pro-XRP lawyer John Deaton, representing numerous XRP (XRP) tokenholders, has outlined the possible steps the two parties might take if they opt for a settlement.
Deaton highlighted the significance of the ongoing Coinbase (NASDAQ:) vs. SEC lawsuit. He explained that if the judge in the Coinbase case grants the exchange’s motion to dismiss, it would indicate that token sales on the exchange are not subject to U.S. securities laws. However, it wouldn’t apply to crypto staking.
Continue Reading on Coin Telegraph
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© Reuters.
Amid speculation regarding a potential resolution between and the United States Securities and Exchange Commission (SEC), pro-XRP lawyer John Deaton, representing numerous XRP (XRP) tokenholders, has outlined the possible steps the two parties might take if they opt for a settlement.
Deaton highlighted the significance of the ongoing Coinbase (NASDAQ:) vs. SEC lawsuit. He explained that if the judge in the Coinbase case grants the exchange’s motion to dismiss, it would indicate that token sales on the exchange are not subject to U.S. securities laws. However, it wouldn’t apply to crypto staking.
Continue Reading on Coin Telegraph
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