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In a recent tweet, Ripple CEO Brad Garlinghouse called the recent US Securities and Exchange Commission (SEC) charges against both Binance and Coinbase a Ripple CEO Brad Garlinghouse hasreacted to the SEC's surprising decision to drop the Coinbase case, claiming that the agency is now moving on quickly from the policies of the previous The Securities and Exchange Commission (SEC) has agreed to pause its litigation against Binance for the next 60 days. The pause follows a joint motion filed by both A cryptocurrency developer's landmark legal victory against the US Securities and Exchange Commission (SEC) will galvanize Coinbase and other companies to resist the El abogado James Murphy, conocido como MetaLawMan en Twitter, explicó en una serie de tuits el 9 de junio que un resultado favorable para Ripple podría debilitar la The SEC sued Binance and its former CEO Changpeng Zhao last year, accusing the crypto exchange of lying to customers, failing to restrict U.S. investors from Ripple Labs, along with its co-founder Christian Larsen and CEO Brad Garlinghouse, were sued by the SEC for allegedly conducting an unregistered securities Whether the SEC’s leadership calls it a “pause” for cases like Binance, Coinbase, or soon Ripple, the crypto-enforcement program is effectively over. Coinbase Case Ripple CEO criticizes SEC Chair’s contradictory “pro-innovation stance.” Binance and Coinbase lawsuits are seen as a diversion from FTX mishandling. The Coinbase and Ripple Labs reference a Binance court ruling to challenge their SEC cases, seeking clear regulatory guidelines. Ripple highlights a judge's comment on the mismatch between

Ripple CEO Calls SEC Charges Against Binance and Coinbase a Distraction

In a recent tweet, Ripple CEO Brad Garlinghouse called the recent US Securities and Exchange Commission (SEC) charges against both Binance and Coinbase a distraction. This comes amidst ongoing debate about the SEC's approach to cryptocurrency regulation.

Ripple CEO Brad Garlinghouse has reacted to the SEC's surprising decision to pause, claiming that the agency is now moving on quickly. Is this a strategic shift after facing increasing scrutiny and legal challenges?

SEC Litigation Against Binance Paused

The Securities and Exchange Commission (SEC) has agreed to pause its litigation against Binance for the next 60 days. The pause follows a joint motion filed by both parties. This development raises questions about the strength of the SEC's case and its overall strategy towards crypto exchanges.

Impact of Ripple Case on Coinbase and Others

A cryptocurrency developer's landmark legal victory against the US Securities and Exchange Commission (SEC) will galvanize Coinbase and other companies to resist the SEC's regulatory reach. The Coinbase and Ripple Labs reference a Binance court ruling to challenge their SEC cases, seeking clear regulatory guidelines. Ripple highlights a judge's comment on the mismatch between what the SEC claims and reality.

El abogado James Murphy, conocido como MetaLawMan en Twitter, explained in a series of tweets el 9 de junio que un resultado favorable para Ripple podría debilitar la SEC’s standing in other cases, further empowering exchanges like Coinbase.

Background: SEC vs. Binance and Ripple

The SEC sued Binance and its former CEO Changpeng Zhao last year, accusing the crypto exchange of lying to customers and failing to restrict U.S. investors from accessing unregistered securities offerings. This action preceded, and is being viewed in tandem with, the ongoing case against Ripple Labs. Ripple Labs, along with its co-founder Christian Larsen and CEO Brad Garlinghouse, were sued by the SEC for allegedly conducting an unregistered securities offering.

Is the Crypto-Enforcement Program Over?

Whether the SEC’s leadership calls it a “pause” for cases like Binance, Coinbase, or soon Ripple, the crypto-enforcement program is facing challenges. Ripple CEO criticizes SEC Chair’s contradictory “pro-innovation stance.” Many believe the Binance and Coinbase lawsuits are seen as a diversion from past issues, particularly the FTX mishandling scandal.

The future of crypto regulation remains uncertain, but Brad Garlinghouse's comments highlight the growing frustration with the SEC's enforcement actions and the need for clearer regulatory guidelines.