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The case moved on to a jury trial to settle how Ripple should be treated in relation to professional investors. The SEC asked for $2 billion in damages, based on the XRP launch collecting $723 ...
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
Following a 10% gain from last week, XRP made further ground this morning. It will all hinge on the Hinman speech-related documents court ruling, however.
Ripple's court victory over the SEC in July—a case in litigation since 2020—was seen as a boon not just for the company but the entire industry. ... USA TODAY. Watch the emotional meeting ...
XRP is on the move today, testing resistance levels early. Uncertainty over the outcome of the SEC v Ripple case remains, however, ahead of a key ruling.
The XRP Ledger operates on a consensus protocol that differs from traditional proof-of-work (PoW) and proof-of-stake (PoS) mechanisms. [7] [3] Transactions are validated by a network of independent validators who reach consensus every 3 to 5 seconds, enabling rapid transaction settlement. [7]
In my article, I talked about how there was upside potential if its developer, Ripple Labs, beat the civil case filed against it by the Securities and Exchange Commission (SEC). Source ...
The case is SEC v Ripple Labs Inc et al, U.S. District Court, Southern District of New York, No. 20-10832. (Reporting by Jonathan Stempel and Jody Godoy in New York; Editing by Edwina Gibbs) Show ...