{"id":75053,"date":"2026-08-03T09:43:40","date_gmt":"2026-08-03T09:43:40","guid":{"rendered":"https:\/\/bitcoinwisdom.com\/?p=75053"},"modified":"2026-08-03T09:43:40","modified_gmt":"2026-08-03T09:43:40","slug":"us-lawmakers-urge-the-sec-to-abide-by-the-court","status":"publish","type":"post","link":"https:\/\/bitcoinwisdom.com\/sv\/us-lawmakers-urge-the-sec-to-abide-by-the-court\/","title":{"rendered":"Amerikanska lagstiftare uppmanar SEC att f\u00f6lja domstolens beslut"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>Ritchie Torres asked the SEC to focus its energy on bad actors who perpetrated serious crimes such as market manipulation and misappropriation of customer funds.<\/strong><\/li>\n\n\n\n<li><strong>The New York lawmaker urged the SEC to abide by last week\u2019s ruling.<\/strong><\/li>\n\n\n\n<li><strong>A US federal court recently ruled that XRP was not a security except when sold to institutional investors.<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\n\n\n\n<p>US lawmaker Ritchie Torres has <a href=\"https:\/\/twitter.com\/RepRitchie\/status\/1681336088873279488\" target=\"_blank\" aria-label=\"urged (opens in a new tab)\" rel=\"noreferrer noopener nofollow\" class=\"ek-link\">urged<\/a> Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), to reassess the agency&#8217;s stance on cryptocurrencies after its partial loss against Ripple last week.<\/p>\n\n\n\n<p>The New York representative publicly shared a letter on Tuesday where he recommended the SEC restrict its prosecution to &#8220;bonafide bad actors&#8221; rather than randomly classifying all kinds of crypto assets as securities.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Crypto regulation by enforcement had a dreadful day in court.  <br><br>In light of the SDNY\u2019s landmark decision in the Ripple case, <a href=\"https:\/\/twitter.com\/SECGov?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@SECGov<\/a> must reassess its reckless regulatory assault on the crypto industry.  <br><br>My letter to Chair Gensler: <a href=\"https:\/\/t.co\/Mrk63N4KhH\" rel=\"nofollow\">pic.twitter.com\/Mrk63N4KhH<\/a><\/p>&mdash; Rep. Ritchie Torres (@RepRitchie) <a href=\"https:\/\/twitter.com\/RepRitchie\/status\/1681336088873279488?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">July 18, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Congressman Torres also asked SEC Chair Gary Gensler to comply with the recent ruling by Judge Analisa Torress, who <a href=\"https:\/\/bitcoinwisdom.com\/ripple-secures-victory-against-the-sec-in-court\/\" target=\"_blank\" aria-label=\"determined (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">determined<\/a> that Ripple&#8217;s XRP is not a security except when sold to institutional investors.<\/p>\n\n\n\n<p>Congressman Torres also thanked Judge Analisa Torres for providing clarity by differentiating between securities and commodities, adding that the SEC &#8220;lacks the legal authority to regulate digital assets untethered from an actual security offering.&#8221;<\/p>\n\n\n\n<p>Torres joined other experts in arguing that an immediate appeal of the court&#8217;s ruling was improbable and that the SEC&#8217;s case against <a class=\"wpil_keyword_link\" href=\"https:\/\/bitcoinwisdom.com\/coinbase-review\/\" title=\"Coinbase\" data-wpil-keyword-link=\"linked\">Coinbase<\/a> might also be in jeopardy given last week&#8217;s ruling.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Under Chair Gensler, the SEC has not issued a single rule on crypto assets, nor has it given any clear guidance. All it has done is send mixed messages, one after the [other], not only contradicting the CFTC but often contradicting itself,&#8221; Rep. Torres said in his letter.<\/p>\n<\/blockquote>\n\n\n\n<p>Representative Torres is another US lawmaker who supports cryptocurrencies. He joins the likes of Tom Emmer of Minnesota, French Hill of Arkansas, and Ted Cruz of Texas to voice their support for the industry. <\/p>\n\n\n\n<p>Last week, House Majority Whip Tom Emmer was one of those who applauded Ripple Labs after their partial victory over the SEC. The US lawmaker called the court&#8217;s ruling a &#8220;monumental development&#8221; and suggested that it become law.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">The Ripple case is a monumental development in establishing that a token is separate and distinct from an investment contract it may or may not be part of. Now, let\u2019s make it law. \ud83d\udc47 <a href=\"https:\/\/t.co\/FZtO1BzfWX\" rel=\"nofollow\">pic.twitter.com\/FZtO1BzfWX<\/a><\/p>&mdash; Tom Emmer (@GOPMajorityWhip) <a href=\"https:\/\/twitter.com\/GOPMajorityWhip\/status\/1679525171479150592?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">July 13, 2023<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Interestingly, the entire crypto community is speculating on how the SEC will respond to the court&#8217;s decision. Gensler stated on Monday, July 17, that he was &#8220;disappointed&#8221; in the potential effects of the judge&#8217;s ruling on retail investors and that the SEC was still deciding whether or not to take any further action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US lawmaker Ritchie Torres has urged Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), to reassess the agency&#8217;s stance on cryptocurrencies after its partial loss against Ripple last week. The New York representative publicly shared a letter on Tuesday where he recommended the SEC restrict its prosecution to &#8220;bonafide bad actors&#8221; rather [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":75056,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","_uag_custom_page_level_css":"","footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[190,12],"tags":[338,267],"class_list":["post-75053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-news","tag-coinbase","tag-sec"],"acf":[],"uagb_featured_image_src":{"full":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC.jpg",900,600,false],"thumbnail":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC-500x330.jpg",500,330,true],"medium":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC-300x200.jpg",300,200,true],"medium_large":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC-768x512.jpg",640,427,true],"large":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC.jpg",640,427,false],"1536x1536":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC.jpg",900,600,false],"2048x2048":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC.jpg",900,600,false],"trp-custom-language-flag":["https:\/\/bitcoinwisdom.com\/wp-content\/uploads\/2023\/07\/ritichie-SEC-18x12.jpg",18,12,true]},"uagb_author_info":{"display_name":"Lawrence Woriji","author_link":"https:\/\/bitcoinwisdom.com\/sv\/author\/lawrencew\/"},"uagb_comment_info":0,"uagb_excerpt":"US lawmaker Ritchie Torres has urged Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), to reassess the agency&#8217;s stance on cryptocurrencies after its partial loss against Ripple last week. The New York representative publicly shared a letter on Tuesday where he recommended the SEC restrict its prosecution to &#8220;bonafide bad actors&#8221; rather&hellip;","_links":{"self":[{"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/posts\/75053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/comments?post=75053"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/posts\/75053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/media\/75056"}],"wp:attachment":[{"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/media?parent=75053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/categories?post=75053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinwisdom.com\/sv\/wp-json\/wp\/v2\/tags?post=75053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}