SEC rebuts Ripple in bid to appeal XRP programmatic sale ruling The latest SEC submission to the U.S. District Court comes as a rebuttal to a September 1 filing by Ripple, which asserted that an appeal delayed the resolution of the overall case. 1 2 3 … 9 » ...
District Judge Analisa Torres issued an order in the case declaring that XRP was not a security when the company sold it to the general public via cryptocurrency exchanges [4]. It was a split decision, however; Torres also wrote in her order that Ripple's sale of XRP to institutional ...
and absolutely nothing in the decision negates or changes the fact that XRP is, in and of itself, not a security (per the NY Court decision). The CA ruling dismissed all allegations that Ripple had somehow violated federal securities law by selling XRP.” ...
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 ...
As the SEC and Ripple continue to battle it out in court, cryptocurrency investors are waiting with bated breath to see how the case will play out. Both sides have valid arguments, and it’s possible that both could come away victorious. ...
Ripple’s Latest Developments Almost two years have passed since the lawsuit, and during this time, both parties have continued to argue their claims in front of judge Analisa Torres of the U.S. District Court for the Southern District of New York. Despite the long ongoing legal process, no...
Id. In this order, the Court shall refer to the company as Ripple, even when referring to its forerunners, NewCoin and OpenCoin. Continue Reading here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. T...
Bitrates provides an up to the second list of all current trades on Ripple (XRP) at major exchanges including USD price and volume.
The digital asset XRP is caught in the middle of alegalbattle between the U.S. Securities and Exchange Commission (SEC) and Ripple, the company behind the asset. The SEC has accused Ripple of selling unregistered securities, and the case is now in court. In fact, it has been since Dec...
A judge has ruled that individuals holding XRPtokenswill not be able to participate in a long-running court case brought by the U.S. Securities and Exchange Commission (SEC) against Ripple. In the latest developments in the ongoing legal action against Ripple, U.S. District Judge Analisa To...