Cryptocurrency

Pro-XRP Lawyers Challenge SEC Chair Gary Gensler’s Views on Cryptocurrency Disclosures

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Washington, D.C. – As the legal battle between Ripple and the Securities and Exchange Commission (SEC) rages on, pro-XRP lawyers have launched scathing criticisms against SEC Chair Gary Gensler, questioning his leadership integrity. Gensler’s recent remarks on the alleged evasion of public disclosures in the crypto industry have sparked controversy and drawn sharp rebukes from legal experts within the crypto community. Prominent lawyers such as MetaLawMan and pro-XRP advocate Bill Morgan have been vocal in their criticism of Gensler. MetaLawMan, in a recent post, cited Judge Shelby’s comments in a case involving the SEC, accusing … Read more

FTX Founder Faces “Grotesque” Suggested 100-Year Prison Sentence for Cryptocurrency Crimes, Lawyer Calls for Leniency

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NEW YORK (AP) — The lawyer for Sam Bankman-Fried, founder of FTX, called the suggested 100-year prison sentence for his client “grotesque” and “barbaric.” Attorney Marc Mukasey argued that a term of a few years behind bars would be more appropriate for the cryptocurrency crimes that Bankman-Fried still disputes. In presentence arguments filed in Manhattan federal court, Mukasey contended that the report by probation officers improperly calculated the federal sentencing guidelines. The recommendation of a 100-year sentence falls just 10 years short of the maximum possible sentence of 110 years. Prosecutors, who will respond in … Read more

CoinDesk, a Leader in Cryptocurrency News, Undergoes Ownership Change and Forms Editorial Committee

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New York, NY – CoinDesk, a leading source of news and information on cryptocurrency, digital assets, and the future of money, has recently updated its privacy policy, terms of use, cookies, and do not sell my personal information notices. As an award-winning media outlet, CoinDesk upholds the highest journalistic standards and adheres to a strict set of editorial policies. In an acquisition by Bullish Group, owner of the regulated institutional digital assets exchange Bullish, which took place in November 2023, Bullish now holds the majority ownership of CoinDesk. Both companies have interests in various blockchain … Read more

Pro-XRP Advocate Raises Concerns Over SEC’s Integrity Amid Cryptocurrency Investigation

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New York, NY – An ongoing investigation into cryptocurrency-related conflicts of interest within the Securities and Exchange Commission (SEC) has raised concerns about the agency’s integrity. Pro-XRP lawyer Bill Morgan voiced skepticism about the SEC’s handling of internal probes, reflecting broader worries within the crypto community. The inquiry has sparked discussions about accountability and potential whitewashing, with stakeholders eagerly awaiting the outcome. Morgan’s doubts center around the SEC’s treatment of XRP and other cryptocurrencies and raise questions about former senior SEC official William Hinman. Hinman’s actions, particularly his 2018 speech declaring Ether not a security, … Read more