News with the tag "ripple case"

Speculation is growing over whether the SEC will pause the Ripple case, mirroring the delays seen in the Binance and Coinbase lawsuits. A significant development fueling this uncertainty is the recent reassignment of the SEC’s lead litigator for major cryptocurrency cases to its IT department. This ...

Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appe...

The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto sector, directly co...

The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple continues, as the SEC officially filed its appeal in the ongoing case. This latest move comes after the court ruling in August, where Judge Analisa Torres determined that not all sales of XRP tokens qualify as secu...

The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges Ripple Labs R...

Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities ...

In a long-awaited conclusion to their high-profile legal clash, Ripple Labs and the US Securities and Exchange Commission (SEC) have reached a settlement that will see the blockchain company pay $125 million in civil penalties. Related Reading: Bitcoin Eyes New Records: Staying Above $45,000 Might B...

Crypto lawyer Jeremy Hogan described the recent order as a “disaster” for the SEC, but other legal commentators are urging the community to temper its excitement for now.

District court judge Analisa Torres denied the SEC's motion to file an appeal, claiming that the regulator did not meet its burden to show that were substantial grounds for difference of opinion.

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 ...