These guys are OGs in the space... way before Binance. Going to be interesting. A unified backlash backed by legal authority and money will be a tough battle for the #sec!
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These guys are OGs in the space... way before Binance. Going to be interesting. A unified backlash backed by legal authority and money will be a tough battle for the #sec!
It only takes one loss by the #sec and the floodgates open. The legal system is based upon precedents. That is why it worked so hard to get the early agreements. A loss or two gives other defense attorneys the model to follow.
Exactly... I need to check the validity of the Gensler "resignation after internal investigation" story that came out over the weekend...
It was bullshit. The twitter account that put it out is known for its bullshit.
Mmmmm...you always have to check sources in this game.
If there was a lick of validity to it, the #crypto media would have picked up on it within 4 hours.
Yep. I didnt even know the account. But I saw the tweet was at like 7 am yesterday and I checked the search engines around 11 for info...nothing.
XRP Coinbase and Bittrex all fighting back.
And Binance lurking.
#XRP have spent approximately $170 million on legal fees. Apparently, #binance have set aside a billion for legal fees... provision already made.
Yeah and it costs #gensler nothing to take this action.
Fighting City Hall is never fun, nor cheap.