Both companies are busy tackling legal challenges with SECGov
at an offsite meeting to discuss matters in the rapidly evolving crypto space. Ripple's Stuart Alderoty expressed his appreciation for Paul Grewal, Coinbase's Chief Legal Officer, taking the time to meet with the Ripple legal team. In response, Grewal tweeted his gratitude for the invitation and suggested more frequent meetings in the future.
Ripple was slapped with a lawsuit in December 2020, in which the formidable regulator alleged that the company had conducted an unregistered securities offering by selling XRP tokens.
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