Ripple‘s Schwartz Links SEC Experience to Glock’s Connecticut Lawsuit
David Schwartz compares SEC compliance concerns with Glocks Connecticut suit.Glock seeks clarity on whether redesigned pistols fall under Connecticuts ban.Glock challenges the laws clarity and raises two separate Second Amendment claims. Ripple CTO Emeritus David Schwartz compared the company‘s SEC lawsuit to Glock’s challenge to Connecticut firearm restrictions, highlighting a dispute over whether businesses can determine how to comply with the law. His comments followed attorney Kostas Moros‘s account of Glock’s efforts to obtain clarification about whether its redesigned pistols fall under a state ban. Schwartz Questions Clarity of Compliance Rules Schwartz responded to information shared by Moros, who described Glock‘s attempts to secure an answer from Connecticut’s attorney general before the restrictions take effect on October 1. “It‘s grossly unfair when the government’s clear intentional strategy is to ensure either that you cannot possibly comply with the law or that you cannot possibly know whether you are complying with the law,” Schwartz wrote on X. Discover more finance Secure crypto storage Crypto market updates He added, “Ask me how I know,” signaling a connection to Ripple‘s experience with the U.S. Securities and Exchange Commission. When another user asked about that experience, Schwartz linked to Investopedia’s analysis of the SEC v. Ripple case. Glock Seeks Court Ruling Before October Deadline According to
