Former SEC member: Ripple's lawsuit could cost third party millions of dollars.

2020-12-24 11:19
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Former US Securities and Exchange Commission (SEC) Commissioner Joseph Grundfest said it was "unprecedented" for the SEC to sue Ripple, according to TheBlock's report. In a letter to Clayton, he wrote: "There is no immediate reason to force the SEC to comply immediately. Take legal action, it could pose a serious threat to XRP criminals. Fraud, misrepresentation or dismissal. charges for third million dollars. "

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