XRP holders' lawyer hails Ripple for fighting 'transient regulators'
This statement comes in response to a similar post from fellow attorney and Ripple Labs' chief legal officer , who noted that lawyers should not be told not to poke the bear as that is the only way to fight regulators who have political agendas.
To Deaton, the fact that Ripple Labs and its two indicted executives, Brad Garlinghouse and Chris Larsen, chose not to settle with the SEC as the regulator might have assumed, has proven that they did not succumb to intimidation from the markets regulator. Deaton and the top industry leaders have considered the handling of Ripple and its executives in its lawsuit as a one-of-a-kind decision that is billed to favor the whole industry in the long term.
Stop bowing down to transient regulators. Fight back if you can. Kudos to Ripple and its two executives, sued individually for the sole purpose of intimidation, for not settling like the SEC assumed.
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