Criticizes
145 views
2 Discussing
Hot
Latest
🚨The Economist #Criticizes Cryptocurrencies as “Ultimate Swamp Asset”
🔹#TheEconomist claims U.S. crypto has become politicized and corrupt.
🔹Notes ties between crypto holdings, Trump family, and cabinet officials.
🔹$TRUMP tokens allegedly used for lobbying, fundraising, and access deals.
🔹Describes crypto as a tool for rent-seeking, diverging from decentralization.
🔹Contrasts with EU and Singapore, which prioritize regulation and transparency.
$BTC $ETH
🔹#TheEconomist claims U.S. crypto has become politicized and corrupt.
🔹Notes ties between crypto holdings, Trump family, and cabinet officials.
🔹$TRUMP tokens allegedly used for lobbying, fundraising, and access deals.
🔹Describes crypto as a tool for rent-seeking, diverging from decentralization.
🔹Contrasts with EU and Singapore, which prioritize regulation and transparency.
$BTC $ETH
🚨#RIPPLE -SEC COMMISSIONER #CRITICIZES SETTLEMENT DRAWS #FIRE FROM INSIDE THE SEC
🔹SEC & Ripple file for $75M refund and removal of August 2024 injunction
🔹Commissioner Crenshaw criticizes the deal as creating a "regulatory vacuum"
🔹Warns it undermines SEC’s authority and #damages public trust
Ripple case timeline:
🔹Judge Torres must issue an indicative ruling
🔹Parties seek remand from appeals court
🔹Final motion and appeal dismissals to follow
🔹Legal background: Ripple was earlier fined $125M for unregistered XRP sales to institutional investors
🔹Ongoing tension: Part of broader rollbacks in crypto enforcement under the current U.S. administration
$XRP
🔹SEC & Ripple file for $75M refund and removal of August 2024 injunction
🔹Commissioner Crenshaw criticizes the deal as creating a "regulatory vacuum"
🔹Warns it undermines SEC’s authority and #damages public trust
Ripple case timeline:
🔹Judge Torres must issue an indicative ruling
🔹Parties seek remand from appeals court
🔹Final motion and appeal dismissals to follow
🔹Legal background: Ripple was earlier fined $125M for unregistered XRP sales to institutional investors
🔹Ongoing tension: Part of broader rollbacks in crypto enforcement under the current U.S. administration
$XRP
🚨#RIPPLE SETTLES WITH SEC, CASE #CLOSED — $XRP CLEARED FORWARD
🔹Settlement Reached: Ripple to pay $50M to the SEC; $75M from escrow returned.
🔹Injunction Lifted: Parties seek court approval to terminate Ripple’s injunction.
🔹#Appeals Dropped: Both sides halt appeals to finalize the agreement.
🔹XRP Surges: Token price jumps following news of closure.
-Reuters, U.Today
🔹Settlement Reached: Ripple to pay $50M to the SEC; $75M from escrow returned.
🔹Injunction Lifted: Parties seek court approval to terminate Ripple’s injunction.
🔹#Appeals Dropped: Both sides halt appeals to finalize the agreement.
🔹XRP Surges: Token price jumps following news of closure.
-Reuters, U.Today
Login to explore more contents