Home AI US Congressional Candidate: ‘If Ripple Settles, It Will Be A Loss For The Whole World And Web3’

US Congressional Candidate: ‘If Ripple Settles, It Will Be A Loss For The Whole World And Web3’

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US Congressional Candidate: ‘If Ripple Settles, It Will Be A Loss For The Whole World And Web3’

Source: news.google.com

On Monday (Sept. 19), Utah United Party candidate for Utah’s 4th congressional district, January Walker, commented on the US SEC’s ongoing lawsuit against Ripple.

On December 22, 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also major security holders, alleging that they raised more than $1.3 billion through a security offering of Unregistered ongoing digital assets. ”

On October 11, 2022, at DC FinTech Week 2022, Ripple’s CEO said, during a talk he gave titled “Enterprise Crypto and the Regulatory Perimeter”, that he expected the US SEC’s ongoing lawsuit against Your company will come to an end in the first half of 2023. .

On December 2, 2022, Ripple’s general counsel announced that Ripple had “filed its redacted response to the SEC’s opposition to Ripple’s motion for summary judgment.”

On December 4, 2022, entrepreneur David Gokhshtein, founder and president of cryptocurrency-focused news outlet Gokhshtein Media, predicted that Ripple would win this lawsuit:

Last Friday (December 9, 2022), cryptanalyst Miles Deutscher saying his more than 258K followers on Twitter:




I’m not a big fan of $XRP, but for the sake of our industry, I really hope they win. If they don’t, there are likely to be massive ramifications. Anyone who expects to lose is against cryptocurrency.

On Walker’s campaign website, he says the following about personal privacy and cybersecurity:

As illustrated in the Bill of Rights, data privacy is a human right. You must have full control over your personal data and not be a product of big data. As we transition to a fully digital world. Solutions like Blockchain Identity Wallets will allow people to control their information and vote securely with Blockchain Voting in elections.

Well, earlier today, he sent out a tweet suggesting that he thinks Ripple has a great chance to win and that he wants Ripple to win outright against the SEC rather than settle:

She went on to say:

The world follows the actions of the US, and how the government treats one of us sets a precedent for how it treats all of us. Instead of fighting each other to claim that one group is better than another, we must work together to get the right legislation… The first thing WEB3 needs is clarification on regulation. An agreement would set the precedent that WEB3 does not have the guts to oppose the bad practices of our government. It also creates a template for the world to follow in handling new technologies.

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