Wednesday

<ul class="news-points"> 
 <li>Ripple’s Stuart Alderoty criticizes court decision in Coinbase vs. SEC lawsuit.</li> 
 <li>He argued that the SEC persuaded the judge with arguments that lacked merit.</li> 
 <li>Alderoty believes the upcoming challenge for SEC lies in producing concrete evidence to support their claims.</li> 
</ul> 
Over the weekend, Ripple’s Chief Legal Officer Stuart Alderoty took to X to reflect on <a href="https://coinedition.com/whats-next-for-coinbase-after-judge-denies-dismissal-of-secs-lawsuit/">Coinbase’s loss against the Securities and Exchange Commission (SEC)</a> in the Wednesday ruling. 
On March 27, U.S. District Judge Katherine Polk Failla asked the SEC to proceed with its lawsuit against Coinbase, alleging unregistered securities brokerage. The judge’s decision effectively denied Coinbase’s motion to dismiss the SEC’s lawsuit.&nbsp; 
In his commentary, Alderoty critiques the court’s decision, suggesting that the SEC may have persuaded the judge with arguments that lack substantial merit. “Basically, the SEC sold the Judge a bill of goods that she had to accept as true at this stage of the case,” the Ripple legal chief remarked. 
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 Re-read Wed.’s Coinbase ruling. Basically, the SEC sold the Judge a bill of goods that she had to …
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The post <a href="https://coinedition.com/ripples-legal-chief-reflects-on-coinbases-loss-to-sec-citing-xrp-lawsuit/">Ripple’s Legal Chief Reflects on Coinbase’s Loss to SEC, Citing XRP Lawsuit</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ripple’s Legal Chief Reflects on Coinbase’s Loss to SEC, Citing XRP Lawsuit

Coin Edition

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