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Ripple’s Schwartz Compares Glock Case to SEC Fight

Summary by crypto.news
Ripple CTO Emeritus David Schwartz compared Connecticut's Glock lawsuit to Ripple's SEC battle as a federal court set a Sept. 29 hearing.

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David Schwartz, former CTO of Ripple, compared a new cause of Glock against Connecticut to the old battle of his company with the SEC, talking about the same regulatory uncertainties between Ripple and Glock. The connection is not random. According to Schwartz, both events show companies forced to move without knowing with certainty if they are [...]

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🚨 David Schwartz reiterated his criticism of the SEC through a new lawsuit. 📌 Schwartz argued that obligations are imposed on companies without clear rules. ⚖️ Ripple had objected to the accusations regarding the sale of $1.3 billion worth of XRP in the SEC lawsuit along the same lines. 🧭 At the heart of the discussion was the approach of regulation through sanctions. Read More: David Schwartz reiterates his criticism of the SEC through a new…

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u.today broke the news on Wednesday, September 23, 2026.
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