John E. Deaton – a US attorney who represents thousands of XRP investors in the lawsuit between Ripple and the SEC – criticized the agency for one of its latest moves.
Specifically, the regulator opposed a reorganization plan presented by Coinbase, according to which customers of the now-bankrupt crypto lender Celsius Network could be reimbursed for their losses.
The SEC has Turned Into a ‘Threat to Retail Investors’
The leading cryptocurrency exchange Coinbase recently displayed intentions to engage with the former crypto giant Celsius Network, aiming to distribute digital assets back to the latter’s users. However, the SEC raised concerns about a restructuring plan that will see the marketplace providing brokerage services.
Recall that the watchdog filed a lawsuit against Coinbase in June, accusing it of violating several laws and offering trading services with alleged unregistered securities, such as SOL, MATIC, ADA, and others.
John Deaton was among the people left
We współpracy z: https://cryptopotato.com/pro-ripple-xrp-lawyer-baffled-with-this-latest-sec-decision/
