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.
XRP price jumped to an all-time high Wednesday.The price of the popular altcoin, used to facilitate and settle transactions ...
The SEC has said it won't back off its Ripple lawsuit appeal until outgoing SEC Chair Gary Gensler leaves the agency on ...
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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 ...
In its filing on Wednesday, the SEC asked the appellate court to overturn the district court's ruling regarding XRP transactions.
Ripple co-founder Chris Larsen has reportedly moved XRP from his wallet amid the opening brief filing in appeals by the US ...
The XRP price pumped more than 8% to above $3 for the first time since 2018 as Ripple chief legal officer Stuart Alderoty ...
XRP surged 11.52% amid Ripple's legal battle with the SEC, as large investors increase their holdings. What does this mean ...
The SEC has filed its opening brief in its appeal against Ripple. The agency seeks to overturn a ruling that XRP is not a ...
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