Ripple's partial victory 'is the boost of confidence the crypto community needed to stick to its guns that the SEC’s legal theory is wrong and its tactics improper,' Consensys' BillHughesDC says. Opinion. XRP
and that Ripple had fair notice that those contracts needed to be registered with the SEC to be lawful. Ripple’s interpretation of Howey was also expressly rejected by the court, the SEC sniffed, and the agency would “continue to review the decision.”
This was so surprising in part because this was supposed to be an easy case for the SEC. Ripple raised funds by selling tokens to the public via crypto exchanges, and got people to accept XRP in payment for services, all the while touting that XRP would go up in value. . But even if the case is appealed and the Second Circuit reverses some if not all of the district judge’s findings in favor of Ripple, we are talking about months if not years of additional litigation at both the district and appellate levels, all of which holds profound risk for the SEC.During that time, the SEC will find that its regulation-by-enforcement strategy has gotten palpably more difficult to execute.
The Ripple decision shows just how hollow those assurances are. Capitol Hill can no longer escape this question: might the crypto industry and 2021-era Gary Gensler be correct that there is a regulatory gap that needs to be filled through legislation?
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, 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 »
Coinbase sees crypto winter 'thawing' after Ripple’s partial legal victoryCoinbase's chief legal officer Paul Grewal said the crypto industry is ready to put legal troubles behind it and focus on innovation.
続きを読む »
Legal Experts Weigh in on Ripple's Partial Victory in SEC Court Fight Over XRPRipple scored a partial win in its fight with the U.S. Securities and Exchange Commission (SEC) after a court ruling that brought a little bit of regulatory clarity for the crypto industry. Willkie Farr & Gallagher LLP Counsel Michael Selig along with INX advisor and former SEC attorney Alex Damsker share their respective insights into the legal judgement. Plus, their thoughts on bail for former Celsius CEO Alex Mashinsky being set at $40 million by a judge after he was arrested Thursday on charges of fraud.
続きを読む »
XRP Surges After Ripple's Partial Win Against SEC | CoinMarketCapProgrammatic sales of XRP did not violate the federal securities laws.
続きを読む »
Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market$ETH jumped 7% crossing $2K as the favorable ruling in the Ripple-SEC case brought renewed optimism to the crypto market. thesamreynolds reports.
続きを読む »