Coin

<ul class="news-points"> 
 <li>Recently, the U.S. court ordered the SEC to explain why it should not be sanctioned for making false and misleading representations to the court.</li> 
 <li>The court previously accused the SEC of inconsistent arguments and failing to act with a faithful allegiance to the law.</li> 
 <li>In the Grayscale case, the court once ruled the SEC acted arbitrarily and capriciously.</li> 
</ul> 
In a recent tweet, Stuart Alderoty, the chief legal officer of Ripple, raised awareness about the troubling pattern emerging within the U.S. <a href="https://coinedition.com/tag/sec/">Securities and Exchange Commission’s (SEC)</a> unyielding litigations against crypto firms. Specifically, Alderoty highlighted a series of court decisions that shed light on the SEC’s questionable practices and contradictory arguments. 
The first instance was a court ruling on July 12, 2022, in the SEC v. Ripple case. According to Alderoty, the U.S. court criticized the SEC for demonstrating “hypocrisy.” The court asserted that the SEC had presented inconsistent arguments and failed to act with a “faithful allegiance to the law.” 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A troubling pattern emerges: – Court finds the SEC demonstrated “hypocrisy” by making inconsistent arguments to the Court and not acting out of a “…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/here-are-top-instances-us-court-accused-sec-of-hypocrisy-inconsistencies/">Here Are Top Instances US Court Accused SEC of Hypocrisy, Inconsistencies</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Here Are Top Instances US Court Accused SEC of Hypocrisy, Inconsistencies

Coin Edition

Other articles published on Dec 2, 2023

CD Projekt Red Announces Major Changes in Cyberpunk 2077 2.1 Patch

New P2E Coin King: Poised to Outperform Axie Infinity and Apecoin with 1000% Growth

Cardano Founder Charles Hoskinson Exposes Bitcoin’s Centralized Beginnings and US Regulatory Hurdles

Chainlink’s Impressive Performance: Whales Accumulate LINK

Grayscale reiterates belief in spot Bitcoin ETF approval

Why Kaspa (KAS) Will Still Spike Over 600% to Reach $1 in 2024

Join our free newsletter for daily crypto updates!