An Appeal for Zero-Conf
The recent addition of Peter Todd’s “Replace by Fee” (aka RBF) to Bitcoin Core ignited a discussion over the past several days, related both to RBF specifically and to “zero-confirmation transactions” more broadly (zero-confirmation, aka zero-conf, refers to accepting Bitcoin transactions before they are confirmed in a block). This post isn’t intended to....
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Late Thursday, the US Securities and Exchange Commission (SEC) has filed Form C in its case against Ripple Labs, specifying the grounds of its appeal against Judge Analisa Torres’s final ruling from August 7. This filing, which was due by October 16, comes after the SEC’s initial Notice of Appeal on October 2 lacked detailed […]
Following Judge Analisa Torres’s ruling that programmatic XRP sales did not qualify as securities, the SEC filed an interlocutory appeal with the court. This meant that the US Securities and Exchange Commission (SEC) did not agree with the ruling, and while the interlocutory appeal has been approved by the court, pro-XRP lawyer John Deaton has […]
The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform argued that the court should not certify the commission’s interlocutory appeal. On September 1, Ripple […]
The former secret service agent, Shaun Bridges, is attempting to appeal his ruling on some dubious legal grounds. So dubious, in fact, that his own lawyer is asking to be removed from the case. Bridges’ Lawyer Wants Out. According to reports, Bridge’s lawyer has deemed his legal argument as largely worthless, saying that the appeal contains only legally frivolous claims. For those who don’t know, Shaun Bridges is the corrupted agent who participated in the Silk Road investigation. Last year, Bridges was sentenced to 71 months in prison after pleading guilty to stealing money from Silk Road....
Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple. SEC-Related Factors Could Impact XRP Price On August 17, the US Securities and Exchange Commission (SEC) was given approval by Judge Analisa Torres to file its motion seeking an interlocutory appeal against her ruling at the Court of Appeals. Related Reading: IPO Frenzy: What Happens To XRP Price If Ripple Stock Climbs To $600?....