Polygon’s legal officer weighs in on SEC’s lawsuits amid growing opposition
Polygon Labs’ chief legal and policy officer , Rebecca Rettig, recently shed light on the Securities and Exchange Commission’s (SEC) ongoing legal battles with Coinbase, a crypto exchange, and Ripple, a blockchain company. On a recent episode of The Block’s exclusive podcast, Rettig provided a detailed examination of the SEC’s actions, including the legal challenges that question the commission’s authority. Rettig’s perspective on SEC’s designations Rettig expressed her understanding of the SEC’s cases against both Coinbase and Ripple, articulating that the motions for judgment in these cases are an attempt to align with the law rather than pre-existing notions. The instances she examined reveal a need to bring the cases back to the fundamental principles of the law, emphasizing that the situations may not conform to previous examples. She also addressed the court’s viewpoint on the SEC’s previous actions towards Coinb...