The U.S. Securities and Exchange Commission (SEC) has formally dropped its charges against Ripple executives Brad Garlinghouse and Chris Larsen
Originally, the SEC's claims revolved around allegations that both Garlinghouse and Larsen aided and abetted Ripple in violating Section 5 of the Securities Act of 1933. This specifically pertained to Ripple's"institutional sales" of the XRP cryptocurrency.
As reported by U.Today, an Oct. 3 court order set a trial date for the aforementioned claim. However, the recent dismissal makes the upcoming trial redundant.The most recent development in the case caught many observers by surprise."Wow. did not see that coming," ETF analyst James SeyffartThe dismissal marks a major win for Ripple's executives, but it doesn't conclude the SEC's scrutiny of Ripple Labs.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Pro-Ripple (XRP) Lawyer Bashes the SEC After Fake BTC ETF NewsCrypto Blog
Weiterlesen »
Ripple CTO Asks SEC If Ethereum Sales on Exchanges Are SecuritiesRipple CTO has posed thought-provoking question to SEC over Ethereum's status as security
Weiterlesen »
Ripple CTO pokes SEC about Ethereum after false reports on BlackRock iShares Spot Bitcoin ETF approvalRipple chief technology officer (CTO) David Schwartz, one of the most vocal XRP community members, poked the US Securities and Exchange Commission (SE
Weiterlesen »
This Gaming Giant Now Accept’s Ripple (XRP) as a Payment MethodCrypto Blog
Weiterlesen »
Cryptocurrencies Price Prediction: Tether, Bitcoin & Ripple – European Wrap 18 OctoberTether (USDT), the largest stablecoin by market cap, experienced a surge at the start of this week, reaching a two-month high in terms of transaction
Weiterlesen »
Ripple job posting hints at possible IPO, XRP community saysKey Ripple executives have claimed that even though the SEC lawsuit has cost them many business opportunities in the U.S., most of its remittance business is outside America.
Weiterlesen »