“The SEC picked fights with the industry and is losing badly in the Courts. They’re now fighting fellow regulators like the CFTC and falling behind international counterparts. At what point will the SEC realize they will lose the war against ETH just as they lost against XRP?” Notably, G...
“The judge here confirmed in her order that she only considered the SEC’s filings and did not consider any amicus briefs or other papers showing the fallacy of the SEC’s arguments.” Nonetheless, the ruling created uncertainty about the MTD and its influence on the SEC v Ripple case. Co...
Update on the SEC Lawsuit against Ripple Last quarter, Ripple hit a milestone with the conclusion of the fact discovery phase on August 31 – the formal process of exchanging information, including exchanging documents and taking testimony, relevant to the case. The case is currently in the exper...
The crypto market’s intrigue centers on XRP Forecast 2024, alongside Solana (SOL), drawing keen investor and analyst attention. XRP maintains cautious optimism amidst SEC litigations. XRP’s recent dip below US$0.60 due to legal uncertainties sparked market concerns, though prices rebounded above ...
Update on the SEC Lawsuit Against Ripple On December 2, Ripple’s reply brief in support of its motion for summary judgment where the company asked the court to grant judgment in the company’s favor was madepublic. After two years of fighting this lawsuit on behalf of the entire crypto in...
For XRP, the SEC move against Uniswap reinforced investor expectations of the SEC appealing the Programmatic Sales of XRPruling. In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP do not satisfy the third prong of the Howey Test. The Wells notice was also a reality check...
It may be the final court filings in the SEC vs. Ripple case. After the reply brief filing, Judge Analisa Torres will deliberate and rule on the punishment for breaking US securities laws. In July 2023, Judge Torres ruled that Ripple breached Section 5 of the US Securities Act for failing...
Update on the SEC Lawsuit Against Ripple On Tuesday, September 13, Ripple and the SEC filed their respective summary judgment motions under seal. Unsealed versions were filed and made public on Saturday, September 17. Ripple’s filings argue that the SEC is acting outside their legislative author...
Bitcoin (BTC) News Today: BTC-Spot ETF Trends Amidst SEC Scrutiny of ETH EUR/USD, GBP/USD, DXY Price Forecast: Watching PMI, FOMC for Market Cues China Caixin Manufacturing PMI Rises to 51.1 in March, Reflecting Improved Demand The views and opinions expressed herein are the views and opini...
SEC vs. Ripple: Uncertainty Grips XRP There were noSEC vs. Ripple case-related updates on Sunday for investors to consider. The lack of case-related news left XRP on the back foot, with investors facing a likely summer of uncertainty. ...