The SEC's Jorge Tenreiro is back against Ripple
Quote from zerpie on July 5, 2024, 1:11 amJorge Tenreiro, SEC chair Gary Gensler’s first lead prosecutor against Ripple, is back. Lots of lawerish gibberish again, with Tenreiro concluding that “just like Ripple had specific notice about the risks of its actions, based on the advice of counsel, and chose to proceed anyway.”
Omitting that Ripple asked for SEC advice all along. They supplied documentsall and talked openly about strategy, without the presence of any lawyer, according to Ripple CEO Brad Garlinghouse. That very material the SEC then used to attack Ripple.
It’s called Fair Notice, folks
https://twitter.com/FilanLaw/status/1808565903270744367?ref_src=twsrc%5Etfw
Jorge Tenreiro, SEC chair Gary Gensler’s first lead prosecutor against Ripple, is back. Lots of lawerish gibberish again, with Tenreiro concluding that “just like Ripple had specific notice about the risks of its actions, based on the advice of counsel, and chose to proceed anyway.”
Omitting that Ripple asked for SEC advice all along. They supplied documentsall and talked openly about strategy, without the presence of any lawyer, according to Ripple CEO Brad Garlinghouse. That very material the SEC then used to attack Ripple.
It’s called Fair Notice, folks
#XRPCommunity #SECGov v. #Ripple #XRP The @SECGov has filed its response to @Ripple’s Notice of Supplemental Authority regarding the recent Binance decision. pic.twitter.com/BUzgrcGw2G
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) July 3, 2024