Does anyone see that airdrops are gradually going against their original purpose? In the past, airdrops were an act of gratitude to their investors. Now, most of them are scams or losing their fairness as celebrities take all the advantage.
The post XRP Lawsuit News : Petition to Stop SEC Appeal Nears 5,000 Signatures appeared first on Coinpedia Fintech News
The rising tensions amidst the legal conflict between Ripple and the U.S. Securities and Exchange Commission (SEC), has led to XRP holders running a petition on social media platforms like X. The petition carrying the tag “Stop the SEC’s Unnecessary and Frivolous Appeal in the Ripple v. SEC Case” has received nearly 5000 signatures.
BREAKING: Petition For The #XRP Holders!Stop the SEC's Unnecessary and Frivolous Appeal in the Ripple v. SEC CaseSign here: https://t.co/Xam5ZJpCvJHit the like and repost buttons if you want to stop the SEC! pic.twitter.com/tKOVLlo3F8
Successively, the XRP holders are also factoring in the possibilities of them suing the SEC. Attorney Fred Rispoli, in the latest podcast with Thinking Crypto, explored the outcome of the petition and whether individual investors could file a lawsuit against the SEC.
Can a Petition Against the SEC Succeed?
In his podcast, Rispoli, replied ‘yes’, when asked if a petition against SEC succeed. But also noted that it’s just hard to win and he thinks there is a chance. He noted that John Deaton had 75,000 people that have signed up, he could choose to file a case against the SEC but it’s difficult as they have to prove that they went outside the bounds of what their government jobs were.
“And there are certainly some arguments to make that happen, especially as the revolving door has become a little more grotesque and easily, more easily able to be discovered through civil discovery, for example. But that happened in the Madoff case, where everybody that got screwed by Madoff sued the SEC and they lost on the grounds that the SEC was immune and the opinion was scathing. The second circuit said the SEC was incompetent, imbecilic, and derelict in their duties, but they were just bad at their jobs. They didn’t go outside of the range where they could be liable, civilly liable for that.”
He noted that the case was then closed. So there is a chance, but it’s a difficult one, although he wouldn’t want anybody else leading that charge other than Mister Deaton himself. He remarked that there are a lot of things that would help out if he were able to help as a senator. Not just the case specifically, but to root out corruption and add transparency in the SEC.
The Injustice Against Cryptocurrencies: The Case of XRP
The ongoing debate surrounding the classification of cryptocurrencies, particularly whether they should be categorized as securities, highlights a significant injustice within the financial and regulatory frameworks. Traditional securities laws, such as the Howey Test used in the United States, were designed to protect investors in centralized, traditional investment vehicles. However, applying these outdated regulations to decentralized digital assets like cryptocurrencies leads to unfair treat
What is the key factor when you choose a coin to invest in? I have arranged some basics in the order that I apply to investing. --- 1. Token type - When I first started participating, I prioritized tokens with the AI tag, simply because I am a lover of new technology and I think it has quite a lot of potential. I have invested in some coins like that, specifically $IQ , it is cheap and I have experience with the technology behind it. (MDT coin is also an interesting investment)
Surely everyone reading the title understands what this article is about. Future, a hero with the mission to erase the gap between the rich and the poor. Honestly, I don’t know what word to use to describe Future, using the word hero is not right either. True to his name, this guy always knows how to create surprises that can be called terrible.
You bet on spot, the lower the capitalization, the less you will worry when you invest with a huge amount of capital, meaning that in spot you can divide your capital to diversify your assets, making your risk of loss low. So what about futures, obviously you can still divide your assets to bet on futures, so what are you worried about here? On Binance, as everyone knows, a transaction must be over 5 USD including fees. Here I just assume you take 100 USD to bet on either spot or futures.
$BTTC Anyone buy this guy and just pay attention to see if the zero is lost or increased? This guy will probably lose 2 more zeros at most, and it will probably take more than 5 years to have such prospects.
$POL just my personal opinion, this guy might go up to nearly 3 usd in the near future, his chart looks familiar, does anyone know any other chart like this?
$XRP Does anyone see this guy being upside down, when the market is up he is down, now the market is down he is up. What do you think about this guy $XRP . Can this guy and $POL fly in 2025?
#BTTC#DENT #IQ #XRP Is anyone like me, joining the crypto market around the end of August 2024.
Before participating in trading, I also knew about crypto 6 years ago. At that time, I just thought these things sounded like scams. After 2 years, I heard people talking a lot about Bitcoin, the price of Bitcoin at that time was also called high, I still thought it was a scam so I didn't pay much attention. As far as I remember, at that time, Vietnam was also bustling with coin mining. Thinking back now, I regret it!