News with the tag "XRP ruling"

Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied.

While challenges remain, Ripple's victory has set a precedent that could shape the future of the cryptocurrency industry for years to come.

In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s creditors are rallying ...

The U.S. Securities and Exchange Commission (SEC) has filed a motion to certify an interlocutory appeal of two rulings in the Ripple case regarding XRP. According to the securities regulator, “Immediate appeal of these rulings is warranted … because they involve controlling questions of law.” SEC v ...

The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will “seek to stay the district court proceedings.” SEC Seeks to ...

The ruling against Ripple Labs, it’s crypto XRP, and its executives by the U.S. District Court of the Southern District of New York has sent ripples through the industry, opening up a labyrinth of legal interpretations and setting a precedent that could shape the future of digital assets. This case,...

A senior U.S. district judge has rejected the approach taken in the Securities and Exchange Commission (SEC) v. Ripple ruling regarding XRP. “The court declines to draw a distinction between these coins based on their manner of sale,” explained the district judge presiding over the SEC v. Terraform ...

On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa ...

In a long Twitter thread, Attorney John Deaton has given his insight on a recent post by Charles Gasparino in New York Post, which questioned Judge Anita Torres’ verdict on XRP and Ripple and stirred debate among XRP supporters. Deaton has held his stance, saying that Judge Torres’s SEC v. Ripple ca...

Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has weighed in on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “The current mission of the SEC is not to protect small investors,” the billionaire asserted. “Their goal is to litigate. And li...