XRP Holders' Lawyer Reveals How Firms Should Deal With SEC

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XRP Holders' Lawyer Reveals How Firms Should Deal With SEC
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XRP holders' lawyer to crypto firms: Do not 'cooperate with or talk to anyone at the SEC'

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"Under no circumstances are you to cooperate with or talk to anyone at the SEC. If they ask for your business name or address refer them to your attorney. If you get a subpoena, don’t immediately comply - instead, call your attorney," his post reads. The basis for the counsel is not far-fetched considering the fact that the market regulator has taken on most firms in the industry, including those who have been asking the commission for A good example of scenarios in which the SEC has turned its back against crypto firms, legitimately requesting proper rulemaking, can be found in the cases of Ripple Labs Inc. and Coinbase Global Inc.

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