Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ripple CEO predicts setback from US SEC in Ethereum case, similar to XRP
ETHEREUM NEWS

Ripple CEO predicts setback from US SEC in Ethereum case, similar to XRP

By Crypto FlexsMarch 31, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ripple CEO predicts setback from US SEC in Ethereum case, similar to XRP
Share
Facebook Twitter LinkedIn Pinterest Email

legal dispute with the US Securities and Exchange Commission (SEC) and Ethereum (ETH) It has turned into an interesting case in the entire cryptocurrency landscape, with several experts predicting possible outcomes related to the dispute.

Ripple CEO Warns US SEC’s Inevitable Defeat for Ethereum

As the battle progressed, Ripple Labs CEO Brad Garlinghouse said: exposed He shares bold predictions favorable to the Ethereum ecosystem while also demonstrating his optimistic insight into events. His positive insight comes in light of reports that the SEC is attempting to classify Ethereum as a “security” following a legal dispute over the digital asset.

Brad Garlinghouse The U.S. regulatory watchdog has predicted that the second-largest cryptocurrency asset will most likely “lose the battle with Ethereum.” According to Garlinghouse, the Commission’s “multiple attempts to involve the cryptocurrency industry in its legal battles have resulted in significant court losses over time.”

As a result, the agency now “lags behind foreign agencies” and “competes with other regulators,” such as the U.S. Commodity Futures Trading Commission (CFTC).

The Ripple CEO then asked, “When will the SEC realize that they can’t keep fighting to classify Ethereum as a security like XRP does?”

What is noteworthy is coinbase On March 7, we submitted our own certificate to the CFTC, and if the CTFC does not file a complaint, we will provide Bitcoin Cash (BCH), Dogecoin (DOGE), and Litecoin (LTC) futures ETFs (exchange-traded funds). could pave the way for it. .

As a result, the SEC’s prospects of overturning the “programmatic sale of XRP” ruling may be affected by the CFTC’s classification of the aforementioned tokens as commodities. This may be one reason why the SEC may be fighting the CFTC.

Ripple’s partial victory over SEC

ripple It scored its first partial victory in its case against the agency last July, when Judge Analisa Torres declared that programmatic sales of XRP did not meet the third requirement of the Howey test. Also three months later, the SEC’s request for an interlocutory appeal of the programmatic sales order was denied by a U.S. judge.

The order prevents the SEC from filing an appeal until the ongoing litigation concludes. SEC vs. Ripple Lawsuit. It is believed that the resolution of this dispute could have significant implications for the U.S. regulatory environment and the cryptocurrency landscape as a whole.

The long-running legal dispute between Ripple and the US SEC began in 2020 when the commission accused Ripple of selling XRP to US investors as an unregistered security. However, with a grand trial scheduled for April 23, the long fight is slowly approaching its peak.

ETH is trading at $3,489 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitmine ‘s ethereum Holdings 46,255 Eth Buy 2.1 million units

September 12, 2025

Bitcoin, Ethereum and Dogecoin dominate social buzz

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bringing 1R0R To R0AR Chain Unlocks New Incentives

September 16, 2025

As the Air drop recipient is sold, the infinite price is 46% conflict after Binance listing.

September 16, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025
Most Popular

Crypto Trader predicts a rally for Tron and Aave, updates outlook for Chainlink and Polkadot.

December 4, 2023

Since listing on Binance in 2024, 80% of MEMCOINs have been pumped.

November 11, 2024

Iconic Dogecoin mascot and meme legend Shiba Inu Kabosu dies in Japan

May 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.