Ripple Labs Gains An Ally
The Ripple Labs may have found another ally to defend them from the SEC lawsuit.
Recent news post from the Wall Street Journal editorial page defends the Ripple Labs against the regulatory firm.
The post criticizes the Securities and Exchange Commission for charging Ripple without proper evidence.
The news post further states that the SEC lawsuit against Ripple Labs has caused harm in investors.
Back in December, the Securities and Exchange Commission has charged Ripple Labs and its two executives of selling “unregistered securities” through its intial coin offering.
The Wall Street Journal post further criticizes the regulatory firm for its lack of clear regulation on the crypto industry.
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