garygensler

#Write2Earn Dziennikarka Foxa Eleanor Terrett podkreśliła potencjalny wpływ na pozycję przewodniczącego SEC #GaryGensler , jeśli Donald Trump wejdzie do Białego Domu.
NAJWAŻNIEJSZE INFORMACJE
Przewodniczący SEC Gary Gensler został powołany przez prezydenta Joe Bidena, co może skutkować poważnymi konsekwencjami, jeśli Donald Trump wygra wybory w tym roku.
Dziennikarka Foxa Eleanor Terrett przewidziała, że może to nie być surowe dla Genslera, ponieważ Trump jak dotąd nie wykazywał oznak niechęci do niego.
Jednak przyznała, że jeśli Trump przejmie Biały Dom, pozycja Gary'ego Genslera może być zagrożona.

#Write2Earn Narodowa Agencja Kryminalna (NCA) zadała znaczący cios #cybercrime światu, przejmując aktywa kryptowalutowe związane z infamijną grupą ransomware LockBit
Globalna sieć ransomware
Ulubieniec cyberprzestępców
Narodowa Agencja Kryminalna (NCA) zorganizowała znaczną konfiskatę aktywów kryptowalutowych powiązanych z notoryczną grupą ransomware LockBit.
Ta operacja, będąca częścią szerszych międzynarodowych działań mających na celu zlikwidowanie najbardziej szkodliwej sieci cyberprzestępczej na świecie, doprowadziła do zamrożenia ponad 200 kont kryptowalutowych związanych z LockBit.

#Write2Earn Debt Box is making a push for the Court to deny the request for dismissal of the lawsuit filed against it by the SEC
STORY HIGHLIGHTS
DebtBox is moving for outright denial of SEC's dismissal request
Debt Box believes SEC is exhibiting double standards
Industry frowns at SEC's crypto overreach
In a new development, decentralized blockchain protocol Debt Box has requested that the United States court sanction the Securities and Exchange Commission (SEC) for gross misconduct. The platform also demands an outright denial of SEC’s motion to dismiss the case it filed against it.
SEC is Exploring a Way Out of Debt Box
Last month, the Securities and Exchange Commission (SEC) began to push for the dismissal of its lawsuit against Debt Box after admitting to supplying the court with inaccurate statements about the firm. It is believed that the SEC opted for this option out of fear of a possible sanction from the court.
For context, the securities regulator accused Debt Box in July 2023 of deceiving #investors and defrauding them of almost $50 million. SEC began to clamor for swift enforcement against the crypto firm and to achieve this, the regulator went ahead to request emergency relief measures, including a temporary restraining order and asset seizure against Debt Box.
The Court wasted no time in granting this request, believing that the allegations levied by the SEC were born out of intense scrutiny of the defendant. It was not until the time Debt Box decided to contest the unpleasant accusations against it that the court discovered the discrepancies in SEC’s testimony.
SEC Receiving Massive Backlash from Industry
Surprisingly, the regulator admitted to its offense, blaming the urgency of the situation as the reason behind the misleading testimony.
Upon acknowledging the blunder, the SEC received condemnation and backlash for its false statement from the broader crypto market. Coinbase’s Chief Legal Officer (CLO), Paul Grewal, suggested that there was a lack of accountability within the regulatory body, adding that the agency remained silent in the face of its admitted deception.
Similarly, Stuart Alderoty, Ripple’s Chief Legal Officer, faulted the SEC Chair’s leadership. He reiterated that the #GaryGensler -led agency is operating like a “police state,” which is “exempt from consequences of its actions.”
Some other observers believe that the SEC is overreaching its jurisdiction by delving into matters like that of the Debt Box.
It was right amid these scoldings that Debt Box asked the judge presiding over its lawsuit with the SEC to deny the regulator’s motion for dismissal. In the meantime, hands are folded in anticipation of what the judge’s verdict will be, whether it would dismiss the case as requested by the SEC or continue with it and also levy the regulator with gross misconduct.#BTC #TrendingTopic

#Write2Earn The Ripple CLO believes that the SEC under #GaryGensler is operating as if it isn't accountable for the consequences of its actions.
STORY HIGHLIGHTS
Ripple CLO Stuart Alderoty highlighted loopholes in SEC Chair Gary Gensler's leadership again.
He noted that the SEC has lost accountability.
This adds to the Coinbase CLO's criticism against Gary Gensler's controversial leadership.
Ripple’s Chief Legal Officer, Stuart Alderoty, has taken another aim at Gary Gensler’s leadership at the SEC. This comes after recent criticism from Coinbase CLO Paul Grewal regarding the agency’s actions in the DEBT Box case. Adding to the claims made earlier, Alderoty highlighted loopholes in SEC Chair Gary Gensler’s leadership.
Ripple CLO Casts Doubt On Gary Gensler’s SEC Leadership
Quoting Coinbase CLO’s tweet, Alderoty accused the SEC, under Gary Gensler and Enforcement Director Gurbir Grewal, of operating like a “police state,” which is “exempt from consequences of its actions.” This comes amidst growing scrutiny over the SEC’s handling of cases, including the controversial DEBT Box fiasco.
Moreover, Alderoty’s remarks underscore escalating tensions between Ripple and the SEC, as the legal battle between the two entities continues. Furthermore, it has been seen that Ripple has remained vocal in its criticism of the SEC’s regulatory approach under Gensler’s “controversial leadership.”
Earlier, when Gensler stated that he would continue serving the SEC if President Joe Biden bags another term, Alderoty questioned, “Who else would hire him?” The Ripple CLO didn’t hesitate and spilled everything the SEC had done wrong under Gensler’s supervision. Moreover, Alderoty labeled Gensler as “politically toxic” and a “serial loser.”
The Ripple CLO added, “His staff has been caught lying to judges, his agency’s Twitter account was hacked in the most embarrassing way, and his sponsor at MIT quit because of close Epstein ties.” Moreover, the recent comments just add to the heat amid the ongoing Ripple vs SEC legal battle.
Coinbase CLO’s Stance On DEBT Box Drama
Earlier, Paul Grewal strongly criticized the SEC, condemning its silence despite admitting deception in the DEBT Box case. In a recent thread, the Coinbase CLO highlighted the SEC’s misinterpretations, stating, “the TRO against DEBT Box was tainted.” Moreover, Grewal emphasized the SEC’s lack of accountability, noting, “rather than pulling its order after admitting deception, the SEC sat silently.”
Therefore, Coinbase defied the SEC’s asset freeze order, with Grewal stating, “We wouldn’t comply further unless they explained why we should.” The #exchange unfroze assets, correcting the wrong, while the SEC remained silent. Grewal criticized the SEC’s response as insufficient, calling for broader corrective actions.
The controversy stemmed from the SEC’s lawyers misstating information in court, resulting in false accusations against DEBT Box. Moreover, U.S. District Judge Robert Shelby rebuked the SEC for its actions. In addition, Republican senators, including J.D. Vance and Cynthia Lummis, sent a letter to Gensler, expressing concerns regarding the case.#BTC #TrendingTopic