{"id":6113,"date":"2023-10-29T13:13:30","date_gmt":"2023-10-29T13:13:30","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=6113"},"modified":"2023-10-29T13:13:30","modified_gmt":"2023-10-29T13:13:30","slug":"ripple-and-xrp-community-oppose-sec-executive","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/ripple-and-xrp-community-oppose-sec-executive\/","title":{"rendered":"Ripple and XRP Community Oppose SEC Executive!"},"content":{"rendered":"

Stuart Alderoty, the chief legal officer of Ripple Labs, one of the significant names in the cryptocurrency world, and the XRP community have announced their support for the opposition of US Securities and Exchange Commission (SEC) Commissioner Hester Peirce in the LBRY case.<\/p>\n

You might like: The Latest Status in Cryptocurrencies! \u2013 28 October<\/strong><\/em><\/a><\/p><\/blockquote>\n

In his share on social media platform X (formerly known as Twitter), Alderoty expressed their appreciation for Peirce’s stance against injustices.<\/p>\n

Alderoty stressed the importance of ignoring standard protocols and voicing concerns in cases where consumers are still expecting a solution and emphasized the ongoing injustices in cases not related to fraud.<\/p>\n

It is stated that SEC Commissioner Peirce criticizes the sanction actions taken against cryptocurrency exchanges and advocates the need for more transparency on this issue.<\/p>\n

The decision that LBRY took due to its violation of the Securities Act of 1933 had resonated widely in the crypto world. LBRY’s decision to shut down shows the impacts of the SEC on crypto projects.<\/p>\n

The XRP community had supported LBRY due to the lawsuit that resulted in favor of the SEC. Pro-XRP lawyer John Deaton stated that he did not approve of the SEC’s actions, emphasizing the importance of an insider speaking in court.<\/p>\n

The support statements of Ripple and the XRP community to Peirce once again bring to the agenda the importance of regulatory developments and understanding of justice in the crypto world. The LBRY case carries the feature of being a turning point for crypto projects and may continue to affect future regulatory discussions.<\/p>\n

\n

In the comment section, you can freely share your comments and\u00a0 opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0Telegram<\/strong>,\u00a0<\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Stuart Alderoty, the chief legal officer of Ripple Labs, one of the significant names in the cryptocurrency world, and the XRP community have announced their support for the opposition of US Securities and Exchange Commission (SEC) Commissioner Hester Peirce in the LBRY case. You might like: The Latest Status in Cryptocurrencies! \u2013 28 October In<\/p>\n","protected":false},"author":2,"featured_media":6112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[509,469,1650,506,2226],"class_list":["post-6113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-ripple","tag-twitter","tag-x","tag-xrp","tag-xrp-community"],"yoast_head":"\nRipple and XRP Community Oppose SEC Executive! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Ripple Labs legal head, Stuart Alderoty, and the XRP community support SEC Commissioner Hester Peirce in the LBRY case.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/ripple-and-xrp-community-oppose-sec-executive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ripple and XRP Community Oppose SEC Executive! 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