“Although the SEC claims that all XRP are unregistered securities and Brad Garlinghouse and Chris Larsen unjustly enriched themselves, it allows Ripple Co-founder JedMcCaleb to sell his XRP for hundreds of millions of dollars to possibly buy MoneyGram. Makes perfect sense”, said XRP Holders’ attorney John Denton ironically.
Brokers and exchanges need to make sure they gain access to the right liquidity pools and LPs before their clients give up on them. Because they won’t come back.
“I mean, you can litigate a hundred cases and never get a gift like this letter and I say it’s a gift from the Heavens because you know that the Commissioners could never comment on pending litigation.”
When asked on how the lawsuit will play out, it is difficult to say but it is not clear if the markets care about it: “It looks like they just want this case settled.”
“I would go to the Judge and ask the Judge to appoint a Special Master (ie the Judge herself or a retired Judge) to preside over the deposition and rule on objections live on the spot.”
“Even thinking about appealing this Order suggests to me that the SEC is desperate for this Deposition not to go forward. Desperate”
“Senator Warren gave Gensler every opportunity to say the SEC must control things. The only thing she didn’t ask him is if he wanted a puppy.”
Attorney Jeremy Hogan analyzed the top cryptocurrencies by market cap in terms of their “danger rating”.
A standardized system is thus seen as the biggest threat for the ESG space, but indifference from business leaders, limited checks on greenwashing, and too much regulation were also pointed out as problematic.
In regard to surveillance, firms will need to cope with new identifiers and cross-market fungibility on a range of new venues and market models.
Ripple Labs needs to close this legal chapter with the SEC as soon as possible.
We spoke to thought leaders from Advanced Markets, FXOpen, and Equiti Capital to ascertain their view on what was behind last month’s crash as it is unlikely to be the last.
Some within the industry have been saying that the social media trading frenzy is coming to an end, AMC aside. We’ll wait and see.
FinanceFeeds has always called for a multi-asset approach within the FX industry and, fortunately, that has been the trend among the leading brokers
The court order denying access to the firm’s lobbying efforts was most welcomed by the XRP community following the recent decision to extend discovery by 60 days.
85% of respondents said that integrating third-party vendor solutions into post-trade ecosystems was either very or quite challenging.
If you trade stocks and stock options, there is a good chance you will find your way to futures trading.
Fund managers rely on a wealth of data to make decisions. However, analyzing them isn’t the easiest thing to do.
FinanceFeeds went to the United Arab Emirates last week to meet the trading industry leaders for the first time since the pandemic at the iFX EXPO Dubai. Being face-to-face again was a memorable experience that attendees will carry with them for years.
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