News with the tag "cross-appeal"

Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violatio...

Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) reached a critical moment in August when Judge Analisa Torres ruled that XRP sales on secondary markets to retail investors do not classify as securities transactions. However, Ripple was ordered to pay a $125 milli...