No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion
Share on FacebookShare on TwitterShare on LInkedIn


Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple case. This follows the conclusion of the long-running legal battle between the crypto firm and the U.S. SEC. 

XRP Lawyer Calls Out Counsel In Ripple Case

In an X post, Bill Morgan revealed that the lead counsel for the SEC in the Ripple case is now a partner at a major law firm. The pro-XRP lawyer further stated that Tenreiro’s profile refers to some of his courtroom successes in crypto enforcement. However, he noted it oddly overlooks and does not mention his two-thirds loss in the Ripple case and the appeal he filed, which the SEC agreed to dismiss. 

Related Reading

In line with this, Morgan declared that even Tenreiro knows that Ripple succeeded in what matters. He said that he will always remember the lead counsel for running an “unsustainable legal theory” that XRP was a security, which Judge Torres ruled against by stating that the altcoin in itself is not a security. 

Meanwhile, the pro-XRP lawyer alluded to the lead counsel’s attempt to smear John Deaton’s character before the court in the Ripple case. Deaton was actively involved in the case as an amicus curiae, supporting the crypto firm in its case against the Commission. Notably, Tenreiro spearheaded other crypto cases during his time at the SEC. 

He brought the enforcement actions against Binance, Terraform Labs, and Sam Bankman-Fried in the FTX case. Just like the Ripple case, the Binance case has also been dropped, while Tenreiro and his team received a favorable ruling in the Terraform case. Notably, he was reassigned to the IT department when the Trump administration came into office. This was before Tenreiro’s exit from the SEC. 

XRP Lawsuit Finally Concludes

The Ripple SEC lawsuit has finally concluded after almost five years, since the Commission first instituted the case. This development follows the U.S. Appeals Court’s approval of the Joint Stipulation of Dismissal from the crypto firm and the Commission. With this, the SEC and Ripple have now dropped their appeal and cross-appeal cases, respectively. 

Related Reading

The next move will be for Ripple to fulfill its $125 million monetary judgment that Judge Torres ordered against it in her final ruling due to its securities violations. The crypto firm will have to pay the complete sum, as Judge Torres decided not to adopt the settlement agreement that both parties had reached earlier in the year. Under the settlement agreement, Ripple would have only had to pay $50 million out of the $125 million. 

At the time of writing, the XRP price is trading at around $2.94, down almost 3% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.91 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com



Source link

Tags: blastsCaseconclusioncounsellawyerLeadproXRPRippleSEC
ShareTweetShare
Previous Post

Arkadios pulls big teams from Merrill, Morgan Stanley

Next Post

UK’s Attio bags €45M from Google Ventures, others to accelerate development of its AI-native CRM

Related Posts

edit post
Robinhood lists BNB token

Robinhood lists BNB token

by TheAdviserMagazine
October 22, 2025
0

Key Takeaways Robinhood has listed BNB on its platform, allowing US retail investors greater access. This follows Coinbase's addition of...

edit post
Dogecoin Bullish Fractal Suggests 800% Surge Is Coming Amid Momentum Acceleration

Dogecoin Bullish Fractal Suggests 800% Surge Is Coming Amid Momentum Acceleration

by TheAdviserMagazine
October 22, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin is still facing a lot of...

edit post
Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash

Veteran Trader Peter Brandt Says “MSTR Could Go Underwater” If Bitcoin Repeats 1977 Soybean Crash

by TheAdviserMagazine
October 22, 2025
0

Veteran trader Peter Brandt has drawn a comparison between Bitcoin’s current price pattern and the 1977 soybean crash. The trader...

edit post
How the U.S. bailout could bring the end to Argentina’s ‘libertarian utopia’

How the U.S. bailout could bring the end to Argentina’s ‘libertarian utopia’

by TheAdviserMagazine
October 21, 2025
0

If you’ve heard this story before, you’re not alone. Argentina is particularly adept at leaping from crisis to crisis. A...

edit post
Elon Musk Reignites Floki Frenzy, Can FLOKI Hold Gains as Crypto Market Falls 3%?

Elon Musk Reignites Floki Frenzy, Can FLOKI Hold Gains as Crypto Market Falls 3%?

by TheAdviserMagazine
October 21, 2025
0

Making a 6% weekly uptick, FLOKI recently ripped higher after Elon Musk posted an AI-generated video of his Shiba Inu...

edit post
New Trezor Safe 7 Boasts Quantum-Resistant Design and Dual Secure Elements

New Trezor Safe 7 Boasts Quantum-Resistant Design and Dual Secure Elements

by TheAdviserMagazine
October 21, 2025
0

Trezor has unveiled the Trezor Safe 7, a next-generation hardware wallet that introduces a fully auditable secure element and quantum-ready...

Next Post
edit post
UK’s Attio bags €45M from Google Ventures, others to accelerate development of its AI-native CRM

UK’s Attio bags €45M from Google Ventures, others to accelerate development of its AI-native CRM

edit post
3 Altcoins Testing Critical Support Levels as Trump-Fed Feud Escalates

3 Altcoins Testing Critical Support Levels as Trump-Fed Feud Escalates

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Ashley Carroll: The ROI of Relationships

Ashley Carroll: The ROI of Relationships

0
edit post
Smoke-free momentum drives another strong quarter for Philip Morris (PM) in Q3 2025

Smoke-free momentum drives another strong quarter for Philip Morris (PM) in Q3 2025

0
edit post
Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

0
edit post
Navan to aim for -8b valuation in Nasdaq IPO next week

Navan to aim for $7-8b valuation in Nasdaq IPO next week

0
edit post
India, U.S. near trade deal with major tariff cuts, reduced Russian oil purchases

India, U.S. near trade deal with major tariff cuts, reduced Russian oil purchases

0
edit post
Robinhood lists BNB token

Robinhood lists BNB token

0
edit post
Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’

October 22, 2025
edit post
Navan to aim for -8b valuation in Nasdaq IPO next week

Navan to aim for $7-8b valuation in Nasdaq IPO next week

October 22, 2025
edit post
Robinhood lists BNB token

Robinhood lists BNB token

October 22, 2025
edit post
Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?

Usa Rare Earth (USAR): Dreht die Seltene-Erden-Aktie am kritischen 25-USD-Support?

October 22, 2025
edit post
Beyond Meat shares surge as meme traders buy stock

Beyond Meat shares surge as meme traders buy stock

October 22, 2025
edit post
Where Will It Be in 1 Year (Oct 22)

Where Will It Be in 1 Year (Oct 22)

October 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Corning CEO says Jeff Bezos taught him that creating value is less about overcoming failure than, ‘if something is working, double down on it’
  • Navan to aim for $7-8b valuation in Nasdaq IPO next week
  • Robinhood lists BNB token
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.