Ripple公司的胜利将巩固该公司的立场,即XRP不是安全令牌。事实上,这将是首次对加密货币作出明确的法律定义。如果出现这种情况,XRP可能会加强其在加密市场的立足点,并可能随着更多投资者的加入而增加交易量。 翻译:昆plus 来源: Ripple Takes Investors’ Class Action Case Against XRP To Federal Court, Lawyers Expe...
. The price of XRP also shot up as markets digested the news. However, the long-term implications are more murky. For one thing, this district court case does not necessarily mean other state and federal courts will see crypto issues the same way. There's a long road of litigation ...
In court, Ripple's lawyersarguedthat the SEC never gave Ripple any notice. This is a claim that the SEC didn't contest. Ripple's lawyers also claimed that the SEC was biased in applying the ideas of securities to cryptocurrencies like XRP. ...
While a win is a win, the trial on whether XRP is a security will remain the focal point. A court ruling for Ripple would further cement XRP as a commodity and pave the way to a US XRP-spot ETF market. Significantly, if the courts deem XRP a security, the SEC could file an appeal...
The judge has yet to make a decision on the matter, but it is clear that the release of these documents could have a major impact on the case. Meanwhile, John Deaton, a class action attorney who represents over 67,000 XRP holders who have filed their own suit against the SEC, shared ...
The quarterly report provided updates on the ongoingSEC vs. Ripple case, with Ripple anticipating a court ruling in the coming months. A court ruling on the penalty Ripple must pay for breaching US securities laws will likely influence buyer demand for XRP. The SEC has pursued an almost $2 ...
SEC v. Ripple Court Filing, retrieved on July 13, 2023 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 2 of 18. BACKGROUND[2] I. Factual Background A. Development of the XRP Ledger and the Founding of Ripple In ...
Ripple (XRP) is currently in the midst of a legal battle with the Securities and Exchange Commission (SEC) that's fast arriving at summary judgment time. While many people believe SEC is in the wrong, there is also a valid argument to be made that both s
(SDNY) inSEC v. Ripple Labs, Inc.denied the SEC's request for an interlocutory appeal of thebombshell summary judgmentruling in the case, the SEC filed a legal brief in a separate matter providing insight into how it will adjust its legal theories in light of the court's ruling...
has the potential to experience significant price appreciation, it can be a suitable choice for you to start your cryptocurrency investment portfolio with it. Be ready for the price of the coin to either dramatically drop or sharply spike depending on the judgment given in the SEC court case. ...