Pro-Ripple lawyer rallies Ethereum (ETH) investors due to recent events ETH $ETH XRPArmy XRP $XRP
Letitia James, the New York attorney general , filed a lawsuit against KuCoin, a cryptocurrency exchange based in the Seychelles, on Thursday, alleging that the company sold unregistered securities in violation of the law. Ethereum was one of the unregistered securities named in the lawsuit.Agencies such as the Commodities Futures Trading Commission have long regarded ether as a commodity.
He offers Ethereum holders a call to action:"If you are an ETH holder and want to fight back sign up below," referring to a link to a document titled"Ethereum is not a security class action."The CryptoLaw founder has stated many times that Bitcoin, Ethereum and XRP are all alphanumeric sequences, or software codes. He has also often mentioned the fact that just because an asset could be packaged, sold or marketed as a security does not make the underlying asset one.
Jeremy Hogan, an attorney who has followed the Ripple SEC lawsuit closely, was not too surprised at the recent Kucoin lawsuit, as he said that the warnings of"securities" dangers inherent in Ethereum's migration to proof of stake, or ETH 2.0, were made about a year ago.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Analyst claims under-display Face ID pushed back to 2025The technology could debut on the iPhone 16 Pro and iPhone 16 Pro Max.
Read more »
Ripple Lawsuit: Judge Says SEC Lawyers Prioritize Personal Agenda Over LawPro-Ripple lawyer: judge says SEC more interested in advancing its agenda RippleXRP XRPArmy XRPCommunity XRPHolders
Read more »
Fake Satoshi Craig Wright Takes Another Jab at Ripple'Creator of Bitcoin' Craig Wright takes dig at Ripple CEO bitcoin btc btcusdt satoshi ripplesec ripplexrp xrp xrparmy xrpcommunity ripple xrpsec xrpl xrpledger ripplex $xrp $btc
Read more »
Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTCTime is running out for the bulls who will have to push the price above key moving averages to keep Bitcoin and select altcoins out of danger.
Read more »
Central Pa. officials paint bleak picture of unmet mental health needs, fear ‘catastrophic’ resultThe 'ripple effects' include children in dangerous situations, people going to jail and homelessness.
Read more »
Ripple Faces New Challenge as Swift Advances CBDC Cross-Border TestingIs Ripple ready? Swift announces progress in testing CBDC use cross-border RippleXRP XRPArmy XRPcommunity XRPHolders $XRP XRP
Read more »