Ripple Will Win Vs. SEC If Judge Grasps The Technology: Lawyer
A ruling by the United States Southern District Court of New York in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC) is inching closer. And according to an analysis by attorney Jeremy Hogan, who has been following the case with video updates since the beginning, the odds of a […]
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The XRP community’s fan-favorite lawyer Jeremy Hogan has once again commented via Twitter on the current state of the court case between Ripple Labs and the US Securities and Exchange Commission (SEC). Hogan cited attorney John E Deaton, who represents over 75,000 XRP investors in the litigation. After Judge Torres denied Deaton’s motion to intervene, […]
Brad Garlinghouse working as CEO of Ripple, called the recent moves made by the New York Judge regarding the particular case of Ripple Vs. US Stock Exchange Commission (SEC) is a significant triumph for the well-established United States-based technology company. Garlinghouse stated; If you weren’t paying attention then, you should be now. Huge win for […]
Ripple is one of the altcoins that has strived comparative well within the cryptocurrency space. The price-performance and the general trend in the protocol’s ecosystem have made this crypto one of the outstanding long-term and short-term investment choices. Currently, Ripple is ranked in the 6th position according to CoinMarketCap, as it boasts a market cap of over $40 billion. With the recent case of SEC and Ripple, several of the XRP community have some built-up tension over the possible action to expect. Related Reading | Bitcoin Hashrate Climbs To New High As Price Recovers....
Ripple Labs was able to gain a victory against the SEC in its ongoing securities fraud case. The judge on the case denied the SEC’s motion to review certain documents that may not be material to the prosecution. Ripple Labs has struck a blow against the Securities and Exchange Commission's (SEC) case after the presiding judge made a ruling that one Ripple community lawyer calls “a very big win for Ripple.”The SEC filed suit in 2020 against Ripple and executives Brad Garlinghouse and Christian Larsen for selling unregistered securities.Presiding Judge Sarah Netburn denied the SEC’s request....
The U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek relevant evidence, but rather seek to harass the SEC, derail the case’s focus away from its merits, and bog down the SEC with document review.” SEC Seeks to Limit Ripple’s Access to Its Records The SEC wrote a letter to Judge Sarah Netburn Wednesday attempting to block Ripple....