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Key to the SEC's case is its argument that certain cryptocurrencies are securities and therefore should be regulated by Washington. The Ripple ruling last week was hailed within the crypto world ...
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
After U.S. District Judge Analisa Torres ruled in a separate court case involving the crypto company Ripple—finding that its crypto token XRP itself was not a security, and that its sale only ...
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.
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 12:18 PM
The verdict ordered Ripple Labs to stop selling any assets to professional investors without properly registering them as securities with the SEC, and to pay the court $125 million in civil penalties.
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)