Ripple’s Chief Legal Officer Reacts To SEC’s Wells Notice to Coinbase

Ripple’s Chief Legal Officer Reacts To SEC’s Wells Notice to Coinbase


Bitcoinist
2023-03-23 19:00:52

The US Securities and Exchange Commission has shifted its target to Coinbase while still in a long-running legal tussle with Ripple. According to the recent report, the exchange received a Wells notice from the SEC, suggesting a looming lawsuit for securities law violation. Meanwhile, Stuart Aldorety, lead counsel to Ripple, tweeted his opinion of the