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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 ...
Ripple’s CEO says beating the SEC in court isn’t enough to make U.S. banks less skittish toward crypto—there must be clear policy Marco Quiroz-Gutierrez November 8, 2023 at 9:18 AM
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.
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 SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
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 ...
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)
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