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XRP investors will be looking forward to a new administration that would swap Gensler out for someone less focused on regulating crypto by the SEC. XRP would also benefit if this lawsuit ends and ...
The end of the SEC lawsuit. XRP, Ripple, and the creators of XRP, Garlinghouse and Chris Larsen, have been the poster child for an SEC lawsuit that ultimately seeks greater regulatory jurisdiction ...
The federal agency said it would appeal the decision a little more than one week ago.
It's an interesting proposition, but the U.S. Securities and Exchange Commission (SEC) slapped Ripple with a lawsuit in 2020 claiming its XRP token is a financial security (like a stock or a bond ...
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 ...
I also own some XRP and see potential for the token, given that the SEC lawsuit should soon be done once and for all (the SEC has appealed parts of the judge's decision), and all of the uses the ...
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 ...