Both the SEC and Ripple will have a chance to argue whether the finance regulator is entitled to file an appeal this month; the court expects SEC v Ripple to go to trial sometime in Q2 of 2024.
Lawyers for Ripple Labs filed a letter with the federal judge overseeing its lawsuit against the U.S. SEC, opposing the regulator's expected interlocutory appeal of a July 13 ruling in the case.
Jerry Chan methodologically goes over blockchain statistics so that viewers can better understand what they mean and evaluate whether it's fair and honest.
Prosecutors in South Korea plans to leverage the recent XRP ruling against Terraform Labs CEO Do Kwon's alleged securities fraud acts.
The U.S. securities regulator will file an "interlocutory appeal" of a ruling in its case against Ripple Labs related to the programmatic sales of XRP.
In the summary judgment, the judge in the Ripple case said that selling XRP tokens to institutional buyers constituted a sale of unregistered securities, but selling XRP tokens to the public did not.
The memo sets the starting point for considering whether Bitcoin is a security: it highlights a speech given by SEC Chairman Jay Clayton in 2018 where he said that Bitcoin does not qualify as a security because it functions as a replacement for currency.
The Howey test is a standard method to determine whether an asset is a security or not, but one must also look deeper into the entire history of a token to identify distinctive "offerings."
The federal judge in charge of looking at the SEC v Ripple case dismissed the prospect that secondary market and programmatic sales could amount to securities.
The question of whether XRP was an illegal securities offering is over: the court says it was an illegal securities offering when sold to institutional investors.
With the latest SEC lawsuits, Binance and other exchanges are in hot water, legally and business-wise, as most reasonable investors turn elsewhere with their capital.
Ripple execs are hyping up the U.S. SEC communications relating to a speech given by Bill Hinman in 2018, in which he said that he did not believe BTC or ETH were securities.
