SEC Appeals Ripple Ruling, Seeks Reversal on XRP Classification
The SEC asserts that labor and services received in exchange for XRP satisfy the “investment of money” criterion outlined in the Howey framework. Ripple’s legal team has consistently rejected the SEC’s claims, maintaining that XRP is a digital currency, not a security.
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Ripple’s Chief Legal Officer says the SEC’s lawsuit is “likely to be abandoned by the next administration”Stuart Alderoty, Ripple's CLO, expressed confidence in the dismissal of the U.S. SEC’s lawsuit under the next administration.
Payments-focused cryptocurrency XRP (CRYPTO: XRP) surged past $3 for the first time in 7 years on Wednesday in anticipation ...
The SEC has said it won't back off its Ripple lawsuit appeal until outgoing SEC Chair Gary Gensler leaves the agency on ...
Ripple’s XRP recorded a 7-year high on Thursday following the company’s partial win against the Security Exchange Commission.
XRP price soared double digits to reach an all-time high early Wednesday. The price of the popular altcoin, used to ...
The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty ...
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XRP markets react to recent SEC filing, bullish momentum strongest since January 2018XRP hits seven-year highs, surging 46% in January, as SEC appeals retail sales ruling; RSI shows strongest momentum since ...
Pro-Ripple attorney Bill Morgan has rebuked the US SEC's claims in its latest opening brief filing in the XRP lawsuit.
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