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The SEC plans to appeal Torres’s judgment that institutional sales of XRP—or sales to investors like venture capital firms—are illegal securities offerings while secondary sales of the ...
The SEC vs. Ripple Labs lawsuit took a somewhat unexpected turn, breathing new life in the case just before an important deadline.
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In a Friday filing, Ripple Labs pushed back against the SEC’s allegations. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
XRP would also benefit if this lawsuit ends and if it is no longer the poster child for the SEC's efforts to have more regulatory authority over cryptocurrencies.
XRP was up 75% by late afternoon on Thursday, according to Refinitiv Eikon data. ... The ruling by U.S. District Judge Analisa Torres was the first win for a cryptocurrency company in a case ...
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The removal or resignation of Gensler is also likely to benefit XRP. The SEC previously sued Ripple Labs and its founders for not properly registering XRP as a security when it sold more than $1.3 ...