XRP, John E. Diton, by handing over a tremendous criticism of the Securities and Stock Exchange Committee (SEC) on March 17, claiming a pattern of unethical behavior and behavior that extends beyond one enforcement procedure. Deaton, published on X, responds not only the total implementation strategy for SEC but also the professional integrity of individual employee lawyers.
Supporter of XRP calls for SEC lawyer
Diton started for him Suspension By emphasizing the recent rulings of the Court of Appeal that found that the SEC actions are “arbitrary and volatile” – a legal standard that describes it as very difficult to fulfill it, and indicates that no valid argument can justify the agency’s behavior in that case. This point has strengthened by referring to the criticism of a separate federal judge for the SEC lawyer, as the court stated that the lawyers were “hypocrites” lacking “goodwill” and “loyalty to the law.” Diton reminded his followers that these lawyers themselves have been punished because of the court’s fraud, which confirms that such a reprimand indicates that they have deliberately lost the elimination of litigation.
He also talked about the smaller encryption projects and its founders, with a highlight of how some threatened the legal battles that will bankrupt them. Detone Jeremy Kauphman allocated and Symbolic symbol LBRY projectWhich he claims to be “bankrupt” by Sec Tactics, although the distinctive symbol was legally used for non -investment purposes. It maintains that Joe Rots and Dragonchain It faced similar treatment, just managed to adhere to a shift in the political scene. He also referred to Krakin, which indicates that the enforcement strategy extended through the broader encryption industry.
Deaton concluded that the lawyers concerned should not be allowed to convert the blame to former SEC president Gary Ginsler. He said, “I can continue.
The Deaton message came in response to a new article from Politico by Declan Harty, entitled “Vendetta, Italian: SEC targeted by the victorious encryption industry.” Details of the plot of power in Washington after installing a new administration and SEC Mark Oida, which was arrested or dropped many enforcement procedures against companies such as Coinbase, Robinhood and Gemini.
According to Politico, the prominent industry numbers-including Coinbase Brian Armstrong, the Ripple Stuart Alderoty lawyer, and Jimini participants Cameron and Tyler Winkelvos– The Securities and Stock Exchange Committee not only called for the adoption of clearer rules, but also prompted the agency’s employees to be held accountable for what they consider to be misconduct under the previous leadership.
Harti reports confirm a broader effort than these encryption leaders to the mark of law firms that bring the senior lawyer who managed encryption investigations. One of the former SEC employees who speaks to Politico claimed that his identity was not disclosed that he knew at least one interview that was suddenly canceled and one work was exactly canceled due to the company’s encryption relations. Meanwhile, William Meklockas, former SEC enforcement director, described the direct targeting of the agency’s employees as “completely inappropriate”, on the pretext that the encryption industry should focus on moving forward instead of “individual lawyers and saying,” we want them to be called Polichs. “
However, it appears that the feeling of industry is deeply going through. while Ripple’s aldeoty He insists on the focus on “accountability – not revenge”, unknown sources indicate that some of the most provocative voices in encryption seem to be “dangerous dance”, and they seek general justification now after it has turned the position of the Supreme Education Council. Industry observers note that although the leadership change and the agency’s decline, the Securities and Stock Exchange is still the basic power on large parts of the encryption market, and a long -term healthy relationship with the organizers is still necessary to form policy.
At the time of the press, XRP was traded at $ 2.30.
Distinctive image from YouTube, Chart from TradingView.com
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