SEC Appeals Ripple Ruling, Seeks Reversal on XRP Classification
3 days ago · Ripple’s legal team has consistently rejected the SEC’s claims, maintaining that XRP is a digital currency, not a security. On Wednesday, Chief Legal Officer Stuart Alderoty labeled the SEC’s latest filing a “rehash of failed arguments,” predicting the case will lose momentum under a Trump administration. The outcome of the appeal could …
Ripple Execs Blast SEC Over Refusal To Postpone Appeal
3 days ago · Ripple Vs. SEC. As per an X post from Alderoty, the SEC has declined to postpone its appeal filing against a recent judgment in favor of Ripple.. Ripple’s legal team had previously requested the SEC postpone its principal brief filing, which has a deadline of Jan. 15.. The civil case against Ripple, initially filed in December 2020, accused the firm of …
SEC Won't Postpone Ripple Lawsuit Appeal Until After Gensler's ...
3 days ago · Ripple chief legal officer Stuart Alderoty tweeted on Jan. 14 that the SEC has refused to postpone the hearing on its appeal to a favorable sentence. Despite the saber rattling from the SEC, investors in Ripple-linked XRP have been undeterred. The XRP price has been on a tear and surged to $2.99 (or above $3.00, according to Coinbase). The ...
SEC files opening brief in its appeal against Ripple over XRP
3 days ago · The SEC’s latest filing moves forward with an appeal it launched in October after the agency partially lost its long-running suit against Ripple it filed in December 2020.
SEC files opening brief in its appeal against Ripple, seeks reversal …
3 days ago · The SEC asserts that Ripple’s public marketing campaign promoted its efforts to increase XRP’s price. The regulator claims that the campaign reached all investors, both institutional and retail, leading all purchasers to reasonably expect profits based on …
Ripple SEC Lawsuit: US SEC Challenges ‘XRP Is Not A ... - CoinGape
3 days ago · Ripple SEC Lawsuit Update: The U.S. Securities and Exchange Commission (SEC) has filed an opening brief in appeals in the lawsuit, challenging a district court’s ruling on Ripple Labs’ XRP sales. The case, originally filed in December 2020, centers on whether Ripple’s sales of XRP to retail investors constitute unregistered securities transactions.
XRP climbs above $0.54 as Ripple prepares for lengthy SEC
Oct 17, 2024 · The United States Securities & Exchange Commission (SEC) accused Ripple and its executives of raising more than $1.3 billion through an unregistered asset offering of the XRP token.
Crypto scores a key legal victory in long-running regulatory feud
Jul 14, 2023 · The crypto industry notched a crucial win in its battle with regulators Thursday when a judge ruled that Ripple Labs did not violate federal securities law by offering its XRP token on public...
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1 ... - CoinDesk
Apr 23, 2024 · Ripple Labs filed its opposition on Monday against the U.S. Securities and Exchange Commission’s (SEC) proposal to ask a New York judge to impose a nearly $2 billion fine against the company...
Judge Fines Ripple $125M, Bans Future Securities Law ... - CoinDesk
Aug 7, 2024 · A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.
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