📰 Ripple (XRP) Chief Technology Officer (CTO) David Schwartz responded to the distinction made by Judge Jed Rakoff, who is overseeing the Terraform Labs-SEC lawsuit, between the Ripple-SEC case and his case. Schwartz clarified that Judge Rakoff's comments are not indicative of a disagreement with the XRP securities judgment or a conflict between the judges. He emphasized that Judge Rakoff's remarks likely reflect an acknowledgment of the differences in facts and stages of litigation between the two cases. This response underscores the nuanced legal nature of these cases and aims to provide clarity on the judge's statements. It's important to remember that these legal matters are intricate and often subject to interpretation. #Ripple #XRP #SEC #LegalCase #Cryptocurrency

👨‍⚖️ Lawyers for ex-Celsius CEO Alex Mashinsky seek dismissal of two securities fraud charges, citing inconsistent and illogical prosecution logic, amid his trial on seven charges including market manipulation; Mashinsky on $40M bail. ⚖️📉 #AlexMashinsky #SecuritiesFraud #LegalCase

📰 U.S. District Judge Lewis Kaplan Weighs In on SBF's Case! ⚖️
In the criminal case against Sam Bankman-Fried (SBF), the founder of FTX cryptocurrency exchange, U.S. District Judge Lewis Kaplan made an important statement. He noted that "evidence of the defendant spending FTX customer funds as political donations does not support the defendant's intent to defraud."
💼 However, Judge Kaplan emphasized that this evidence is relevant to proving wire fraud charges and is direct evidence related to the fraud allegations. He stated that prosecutors can discuss this aspect during the upcoming trial.
🗓️ SBF's criminal trial is scheduled to take place on October 3 (local time).
These legal proceedings will continue to be closely watched within the crypto community.
#SBF #CryptocurrencyExchange #LegalCase #BitcoinWorld ⚖️🌐🔍

📰 Charles Gasparino, the chief correspondent for Fox Business, has shared his perspective on the recent summary judgment in the Ripple-SEC lawsuit regarding XRP's status as securities. He expressed skepticism about the significance of the ruling, stating that it should not be considered a major victory for Ripple. Gasparino also noted that Judge Jed Rakoff, who is overseeing another SEC litigation involving Terraform Labs, indicated that he wouldn't necessarily view Judge Annalisa Torres' summary judgment as a precedent. This highlights the complexity and uncertainty surrounding the legal outcomes of such cases and suggests that the ultimate resolution of the XRP lawsuit remains uncertain. Investors are advised to exercise caution and stay informed about the ongoing legal developments. #Ripple #XRP #SEC #LegalCase #Cryptocurrency

🚨 Breaking News: According to Yonhap News, it's revealed that Mr. Seong, a 'case broker' involved in influencing investigations, is also linked to concealing criminal proceeds from a 100 billion won illegal gambling site. Instead of her imprisoned father, Lee took over the business, hiding 100 billion won in criminal profits. Ms. Lee embezzled 1,700 BTC (140 billion won) under her father's instructions. Mr. Seong introduced Mr. Tak, a virtual asset fraudster, to Mr. Lee, aiding in cashing out Bitcoin. Notably, Seong and Tak avoided punishment due to lack of evidence of awareness of criminal proceeds. 🕵️‍♂️💰🕵️‍♀️ #LegalCase #CrimeNews