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XRP has struggled after the Securities and Exchange Commission appealed a U.S. District Court ruling in favor of XRP in a prior lawsuit.
Judge grants SEC leave to appeal Ripple litigation after landmark ruling many saw as huge win for crypto and XRP. Ben Weiss. ... For more than two years, the case has wound its way through court.
A federal judge fined the crypto firm nearly $2 billion less than the SEC asked for, but the key case is just getting started. Ripple hails major win against the SEC—but looming appeal means ...
The defendants agreed to turn over all data involving XRP transactions. [30] In July 2023, the district court ruled on the SEC lawsuit, finding that the XRP token sold by Ripple Labs was not a security. However, if sold in institutional sales, or used as a fundraiser, such actions could be classified as a security in those circumstances.
The SEC has faced recent defeats in the case, including an unexpected ruling by Judge Analisa Torres in July that found that Ripple's sale of XRP on exchanges did not constitute an unregistered ...
XRP Price data by YCharts. Ripple did see a nice boost, but more banks using Ripple is what will ultimately drive its price higher. The lawsuit outcome helps remove a dark cloud that likely ...
XRP could benefit from a lighter regulatory environment in 2025 The U.S. Securities and Exchange Commission (SEC) slapped Ripple with a lawsuit in 2020, alleging that the XRP token is a financial ...
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline. Skip to main content. 24/7 Help. For premium support please call: ...