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Ripple Labs and the SEC's Success Rate
The SEC has filed more than 150 cryptocurrency related actions to this date, and they have not lost a single one. The argument that's being advanced in ripple labs to the extent that it relates is this notion of fair notice. There aren't documents or these extensive documents where the SEC is opining and the legal status of XRP. But aside from that, that doesn't really affect ripple directly, right?
Preston Pysh brings back expert digital asset attorney Joe Carlasare, and resonant realist American Hodl. These two are the perfect mix to cover the Binance and Coinbase battle currently taking place against the SEC.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
00:50 - Joe's overview of everything happening from a legal sense in the US over the past 6 months.
00:50 - What is a TRO and how has the SEC used it against Binance?
17:35 - Will the Ripple lawsuit have any impact on the the Coinbase or Binance situation?
30:36 - How is all of this going to impact operations at Coinbase?
32:07 - Potential commingling of funds at Binance.
01:10:22 - The potential of the SEC freezing funds at Binance.
01:10:46 - How long are things going to take moving forward?
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