.bgarlinghouse Ripple lawsuit: The verdict is a total defeat for the SEC rather than a split victory, CEO says XRPArmy XRPCommunity XRPHolders $XRP
maintains that the recent court ruling represents a complete loss for the SEC and not a split victory.
Garlinghouse made these remarks in response to Fox Business correspondent Charles Gasparino, who hinted at a developing story on potential fines byThe Ripple CEO maintained that the SEC lost on everything that matters, as several lawyers have noted, not just Ripple's. He added that any attempt by the SEC to paint the recent verdict as some sort of split victory is pathetic.
To your question here about potential penalties - that's up to the Court to decide, not the SEC. You very well know this case was never about fines or penalties, it was about establishing the non-security status of XRP. We won. They lost.In December 2020, the SEC sued Ripple Labs, alleging that the sales of XRP constituted an unregistered security offering. So the main crux of the case was determining if XRP was a security.
XRP"is not a security," according to a federal court decision issued on Thursday. This ruling applies to sales on exchanges or by executives, as well as other XRP distributions to developers, charities and employees. This was one decision that Ripple and many in the crypto industry took as a huge win. The Court determined that past direct XRP sales to institutional clients totaling $729 million are the only thing that qualifies as an investment contract.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Ripple Ruling 'Decimates' SEC's Case Against Coinbase: Gemini CEOCameron Winklevoss has reiterated how much win in XRP ruling would help Coinbase's case against SEC
続きを読む »
Ripple CEO calls SEC a 'bully' following partial win in XRP rulingRipple Labs CEO Brad Garlinghouse called the Securities and Exchange Commission a “bully” after getting a partial win from a judge’s ruling this week.
続きを読む »
Ripple, SEC legal brawl ends with split decisionThe legal tug-of-war over the future of crypto between the SEC and Ripple rages on. A federal judge ruled that the SEC had one key claim correct, but not another.
続きを読む »
Disney Plans to Stop Making So Many Marvel and 'Star Wars' Projects, CEO Bob Iger SaysThe company's decision to scale back comes after underwhelming box office returns from seemingly bankable Marvel properties.
続きを読む »
Ripple Ally LBRY's Wind-down Plan Leaves LBC Token Price UncertainLBC token price indecisive as Ripple ally LBRY makes move to wind down
続きを読む »
Ripple's XRP token surges 28% as court issues ruling, sends case to trialXRP token rose precipitously, rising more than 25%.
続きを読む »