The SEC also alerted Judge Failla of Judge Tana Lin (SEC v Wahi) ruling tokens acquired in an insider dealing case were investment contracts. Judge Lin ruled the tokens were investment contracts even on a secondary exchange. Coinbase Chief Legal Officer Paul Grewal had this tosayabout the Lin...
An XRP return to the $0.62 handle could signal a bullish move toward the $0.6609 resistance level. A break above the $0.6609 resistance level could give the bulls a run at the $0.70 handle. SEC vs. crypto case-related updates, SEC-related news, and crypto-spot ETF chatter warrant investo...
Uncover the newest developments in the XRP lawsuit. Our latest report delves into the potential implications of a newly-discovered footnote in Ripple's legal document. Get the full scoop here!
Cryptocurrencies SEC dealt legal setback in effort to tame crypto market In closely watched case against Ripple, judge says tokens sold on public exchanges were not securities August 13 2020 News in-depthRipple Labs, Inc. With $16bn in cryptocurrency, Ripple attempts a reset ...
While the decision applied specifically to this case, it generated hope that more cryptocurrencies might also be deemed not to be securities. Challenges and Setbacks in the Crypto Industry Amidst the enthusiasm surrounding the XRP ruling, some cautionary news emerged in the crypto industry. The Wall...
Bearish scenario: Ripple loses the case, and the token gets banned worldwide – In this case, Ripple will need to find a different business model, and the price of XRP can crash to the lows of around $0.15. It will be interesting to see what happens with the lawsuit, moving forward. ...
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 over the legal status of crypto investing, both in this case and more generally. But if — and this is a gigantic ...
Various legal cases have been filed against the founder and CEO of Ripple Labs by its investors. The cases mostly described the company as defrauding and deceiving. The SEC did not mention fraud in its case, but they mentioned that the company made extra personal gains during their ...
Ripple Coin News is another useful source of XRP predictions, particularly considering that this website focuses its attention Ripple, allowing it to truly act as an expert. This website feels that Ripple will have a good year and that with the new technologies and partnerships that Ripple hopes...
The SEC’s renewed push against Ripple continues after it initially sought $2 billion in damages in the case, although the court ordered Ripple to pay only a$125 million penalty. "TheSEC's decision to appeal is disappointing, but not surprising," Ripple Chief Legal Officer Stua...