SEC Appeals Ripple Ruling, Seeks Reversal on XRP ... - Decrypt
4 hours ago · 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.
SEC files opening brief in its appeal against Ripple, seeks ...
1 hour ago · Following this ruling, a final judgment last August ordered Ripple to pay a $125 million civil penalty for institutional sales of XRP. The SEC later decided to proceed with an appeal, aiming to challenge the court’s ruling that secondary market …
XRP Lawsuit: Ripple and US SEC File Stipulation, Appeals ...
22 hours ago · Investors have been accumulating XRP, driving its token price higher as anticipation builds ahead of the SEC’s appeals brief. The brief’s filing deadline is seen as a potential near-term catalyst for XRP’s price movement. commenting on today’s XRP move, lawyer Bill Morgan stated that the market is already reacting positively to SEC’s opening brief.
Why XRP (Ripple) Is Soaring Today | The Motley Fool
6 hours ago · XRP is gaining as a key legal deadline arrives. Jan. 15 is the final day for the SEC to decide whether to move forward with its case against Ripple, the company behind XRP.. The SEC is moving ...
SEC v. Ripple - Investopedia
Jun 9, 2024 · In 2020, the U.S. Securities and Exchange Commission (SEC) alleged that Ripple, the blockchain developer and creator of the XRP cryptocurrency token, raised more than $1.3 billion in 2013 by...
Judge Rules XRP Is Not A Security. What Does It Mean For ...
Jul 15, 2023 · The XRP token "is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract," a federal judge ruled Thursday.
Ripple hails major win against the SEC—but looming appeal ...
Aug 8, 2024 · On Wednesday, Judge Analisa Torres brought the first chapter of a major Securities and Exchange Commission crypto case to a close, imposing a $125 million penalty on the …
Judge Fines Ripple $125M, Bans Future Securities Law ...
Aug 7, 2024 · A federal judge imposed a $125 million fine on Ripple after finding last year that its institutional sales of XRP violated federal securities laws. The judge reiterated her view that Ripple's...
SEC Seeks $1.95B Fine in Final Judgment Against Ripple - CoinDesk
Mar 26, 2024 · The SEC's proposal asks the court to order Ripple Labs to pay $876 million in disgorgement, $198 million in prejudgment interest, and $876 million civil penalty, amounting to a total of $1.95...
Ripple Labs notches landmark win in SEC case over XRP ...
Jul 13, 2023 · Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry...
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