Will the SEC Appeal Against Ripple Succeed?
Legal expert John Deaton suggests the SEC's challenge could be complex given the nuances of the Howey Test.
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SECには暗号資産専用のS-1フォームが必要：ウエダSEC委員
04/09 07:25
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Ripple v. SEC Settlement? Former SEC Director Doubts It
According to Marc Fagel, an SEC veteran and former Director, a ruling in the case between the SEC and Ripple might be coming in days.
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The recent Wells notice from the SEC to Coinbase has sparked another reaction from Ripple.
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Brad Garlinghouse, CEO of Ripple, took a swipe at the U.S. SEC in a tweet today, reacting to recent setbacks the agency has taken since Monday. The SEC has suffered three setbacks in court this week.
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The ongoing legal battle between blockchain firm Ripple and the Securities Exchange Commission (SEC) is projected to impact the general crypto market.
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If the regulator is successful in this case, it might have very negative repercussions for XRP, its investors, and the cryptocurrency sector as a whole.
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The SEC and Ripple both recently filed motions to deny the other’s request for a summary judgment.
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The Securities and Exchange Commission (SEC) has been extensively criticized for its regulatory stance in the crypto sector.
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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.
Cointelegraph