Ripple CTO Emeritus David Schwartz Sees SEC's 'Unfair Tactics' Mirrored in Non-Crypto US Lawsuit
Ripple CTO Emeritus David Schwartz has revisited the company's legal battle with the US Securities and Exchange Commission (SEC), stating he observed similar regulatory tactics in a high-profile US lawsuit outside the crypto sphere. Schwartz highlighted a case where a private manufacturer is challenging Connecticut state legislation restricting product sales, with the business arguing the state attorney general's office is deliberately refusing to clarify product legality criteria, creating impossible compliance conditions. Schwartz called these actions "grossly unfair," noting the government's strategy forces businesses to operate under rules where "you cannot possibly know whether you are complying with the law."
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:U.Today · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Bitcoin ETF flows fluctuate, price breaks $85,000: What does the second half of the bull run hold?
-
2
Virtual Currency Exchange Fund Flow Analysis: Deposits, Withdrawals, and Compliance Essentials
-
3
Report: Apple is developing a screenless fitness tracker prototype, targeting Whoop, with a potential launch as early as 2028; Garmin's stock price fell by as much as 2.5% intraday.
-
4
US SEC Delays Prediction Market ETF, CFTC Partners with NHL: What's the Compliance Path for New Sectors?
-
5
Houthi rebels are reportedly vying for control of Yemen's Kahboub mountains to solidify their grip on areas near Red Sea shipping lanes, following reports that Donald Trump temporarily halted airstrikes against the Houthis.
-
6
What is ADO Protocol (ADO)? Project Functions, Tokenomics, and Market Status Analysis
-
7
Ethereum (ETH) Historical Price Trends and Key Developments Review
-
8
MEV and BTRST Perpetual Contracts In-Depth Analysis: Opportunities and Challenges in the Crypto World
-
9
WAN Coin: An Analysis of Wanchain's Cross-Chain Interoperability Platform and Future Outlook
-
10
TRON Ecosystem Liquidity Mining Guide: Earning Potential and Risks
Markets Today
Recommended Reading










