Accéder au contenu principal

Ripple CEO Gears Up To Battle SEC With Renowned Attorney

Ripple’s CEO, Brad Garlinghouse, has secured the services of a renowned attorney as the legal battle involving him and his crypto firm against the US Securities and Exchange Commission (SEC) continues to heat up. 

Who Is Garlinghouse’s New Attorney?

In a tweet shared on his X (formerly Twitter) platform, defense attorney James Filan revealed that Attorney Rahul Mukhi, a partner at Cleary Gottlieb, had filed a notice of appearance (dated September 25) on behalf of the Ripple CEO. 

The attorney boasts an impressive resume, including working as an Assistant US Attorney (AUSA) in the US Attorney’s Office for the Southern District of New York (SDNY). During his time there, he worked as a lead prosecutor on cases that cut across public corruption, cybercrime, money laundering, and financial and tax fraud. In recognition of his incredible work, he received the Attorney General’s Award for Distinguished Service. 

He went into private practice in 2016 and has used the experience gained from his time at the Attorney’s office to represent numerous clients in cases involving government and regulatory investigations. As such, it is unsurprising and would seem like a well-calculated move that Garlinghouse has secured Mukhi’s services. 

Meanwhile, many have wondered why Ripple’s CEO hired an attorney specifically for him. While the exact reason might not be known, it is not unusual for co-defendants in a case to have different attorneys representing their interests.

Ripple’s legal team has also been changed in recent times, as Lisa Zornberg had to withdraw from the team following her departure from Debevoise and Plimpton LLP. Nevertheless, several attorneys from the firm currently represent the crypto firm. 

Will SEC’s Case Against Ripple’s Founders Go To Trial?

Ripple’s CEO Brad Garlinghouse and Executive Chairman Chris Larsen are named as co-defendants in the Commission’s case against Ripple. However, even though the case seems to be forging ahead, many speculate that the case will likely not go to trial, especially with Ripple’s founders involved as co-defendants.

Pro-XRP legal expert Fred Rispoli is one of those who believe so. He mentioned the SEC only did this to pressure Ripple into a “weak settlement position” and doesn’t intend to maintain the suit against them.

Notably, he stated that the SEC would likely lose its credibility if the case were to go to trial, especially if former SEC Chair Jay Clayton and former SEC Director William Hinman were called to the witness stand. 

Hinman is a name that continued to surface in everything related to the Ripple case. Recently, pro-XRP lawyer John Deaton stated that Hinman’s cross-examination would be of “epic proportions” if the SEC’s case against Ripple’s founders were to go to trial. 

 

XRP price reclaims $0.5 | Source: XRPUSD on Tradingview.com

Featured image from Fox Business, chart from Tradingview.com


Source link

The post Ripple CEO Gears Up To Battle SEC With Renowned Attorney appeared first on Job From Home Blog.

Libellés :

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Jojobet (464)

Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Geri dönüşü yüksek bir heyecana hazır olun! Heybetli rekabet atmosferinde keyifli bir oyun deneyimi sunan öncü bir bahis platformuna hoş geldiniz. İnternetin en güvenilir ve güçlü adreslerinden biri olarak, size en üst düzey kalite standartlarına sahip online bahis fırsatlarını sunmaktan gurur duyuyoruz. Bahis ve şans oyunları tutkunlarının beklentilerini aşan kapsamlı hizmetlerimizle sizi unutulmaz bir yolculuğa çıkarmak için buradayız. Profesyonel ekibimiz, Türkiye’nin en donanımlı ihtiyaçlarına uygun olarak sürekli yenilenen bahis seçenekleriyle geniş bir kumarhane atmosferi ile etkileyici deneyimler sunar. Farklı spor dallarında eşsiz tahmin ve analiz araçlarıyla dolu olan platformumuz, kazandıran oranlarla sizden tam not alacaktır. En yeni teknolojik yazılım alt yapımız sayesinde, kesintisiz ve sorunsuz oyunculuk deneyiminin tadını çıkarabilirsiniz. Şansın, yetene...
Enregistrer un commentaire
Lire la suite

Space loves AI, AI doesn’t love Space

Space-related applications of artificial intelligence and machine learning are often confined to the ground because moving AI onboard satellites, while promising, is significantly more difficult. “Running AI in space is like running a marathon on the moon — impressive if achieved, but limited by the environment,” said Sylvester Kaczmarek, chief technology officer at OrbiSky Systems, a London startup focused on AI edge operations. Advanced processors are power hungry, meaning satellites with onboard AI require large solar panels and extra batteries. Plus, “radiation in space can fry electronics,” Kaczmarek said. Power management is another problem. Many AI devices require very high currents at low voltages. “The demands that AI devices place on power management are new to the space industry,” said Bert Vermeire, Voyager Space chief technology officer. “There are no good solutions with space heritage and it is difficult to identify efficient and small form factor power and manageme...
Enregistrer un commentaire
Lire la suite

Earn BIG Commissions in 2023

In this post, we’re looking at the best niches for affiliate marketing . So, if you’re struggling to choose a niche for your blog or YouTube channel, this list will help. In this list, you’ll learn some key information to help you determine which is the right niche to choose for you. Information like: How big the niche is and its market share The products you can promote Sub niche ideas And some commission rates you can expect Keep reading. Best Niches for Affiliate Marketing We’ve researched and broken down 21 of the best niches for affiliate marketing, so you don’t have to. Let’s dive in. 1. Artificial Intelligence The Artificial Intelligence industry has exploded in recent years and is projected to be valued at close to US$2 trillion by 2030. That’s what makes this one of the best niches for affiliate marketing today. There is also a wide range of AI tools to promote with generous commissions. For example, LinkWhisper is an AI content optimization tool for SEO of...
Enregistrer un commentaire
Lire la suite