U.S. Securities and Exchange Commission is seeking personal financial information of two Ripple Labs Inc. executives in a lawsuit where it claims the company misled investors in the cryptocurrency XRP by selling the virtual tokens without registering.
Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse on Thursday asked a federal judge to block subpoenas sent to six banks seeking eight years worth information, saying the request is a “wholly inappropriate overreach” in a suit that doesn’t involve alleged fraud.
They say there is no allegation that their finances were intermingled with those of Ripple and that regulators are demanding everything from the proceeds of unrelated business transactions to “how much money they spend at the grocery store every week.”
Because there is often an imposter in the comments that has taken my profile and name, comments will by default be uploaded shortly after left, to filter these bad actors. Sorry, many of us deal with these scammers who leave phone numbers and replies which I would never do.
The Crypto Eri channel is a place to learn about the top performing digital assets, and to educate yourself about the new digital global economy, blockchain, DLT, AI, decentralized finance (loans, yield mining, lending), mobile payments, digital ID, insurance and other new and rapidly changing technological trends/products that impact our world. The Education keeps you up-to-date in order to prepare for the new financial global reset.
My patreon is for people who are interested in additional information that impacts this crypto space. Members will receive exclusive commentary & videos.
Thank you for support.
https://www.patreon.com/cryptoeri
Always at the end of the video, I love to share a slice of Japanese culture, lifestyle and trends both old and new. (fluff)
For Extended Fluff: https://coil.com/u/eri
Thank you so much for watching.
Related Post:
- XRP Ripple BREAKING news today: XRP Green Eyes, SEC vs. Ripple execs, XRP gain from Tesla BTC dump
- Cardano 75x Leverage; Bitcoin Dominating Congress Hearing; Deutsche Bank Rewards Execs for Layoffs
- Bank of England Wants XRP | XRP Will Gain 2000% After SEC Case | Cheeky Crypto
- BITCOIN CRYPTOCURRENCY MARKET IS DOWN! USDT TETHER & BITFINEX GET SUBPOENAS
- Bitcoin Mining IPO, Bitfinex Tether Subpoenas And CobinHood Decentralized Exchange
- Tim Draper SEC vs Ripple Prediction , Did He Sell His XRP ? & SEC Wants Suit Over
- Ripple/XRP-SEC Claim Delib Privledge Process,Judge Says She Wants In-Camera Review Of SEC Documents!
- Maharashtra Covid Records ON Blockchain ! !,MATIC Offline !,Tezos !,Fact Check Mining,NFT & Trading
- Ripple/XRP News: Execs Leaving Ripple?
- Ripple XRP hires former HSBC and Citi Execs, Binance allows fiat buys of BTC, XRP,ETH with Card
