Ripple new filing dismantles SEC argument
Deaton highlighted a section of Ripple's argument, particularly a footnote, that indicated that the SEC had always maintained the same view that whether a given digital asset meets the Howey test at the time of its offer or sale relies on specific facts or circumstances. He says this particular fact destroys the SEC's argument on an interlocutory appeal.Deaton also stated that he believes Judge Torres will deny the interlocutory appeal.
Ripple also indicated it will cross-appeal on the statutory interpretation issue of the scope of the term investment contract and the need for rights to be granted to the buyer or obligations imposed on the seller.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Ripple legal team opposes SEC appeal over XRP decisionRipple said “exceptional circumstances required for interlocutory appeal” were absent in the SEC's motion, calling on the court to deny any request for an appeal or stay.
Weiterlesen »
Crypto Lawyer Hails Ripple for 'Not Settling Like the SEC Assumed'XRP holders' lawyer hails Ripple for fighting 'transient regulators'
Weiterlesen »
Whopping 1.5 Billion XRP Moved by Ripple and Anon Wallets as September BeginsRipple fintech firm has released another astonishing chunk of XRP from escrow, here's what happened to XRP price
Weiterlesen »
Ripple CTO Puzzles XRP Community With New Enigmatic Pop Culture TweetTop executive at Ripple Labs continues to surprise and puzzle XRP army with his social media posts
Weiterlesen »
Ripple Price Analysis: XRP At Critical Support, Breakdown Could Lead to a Further CrushRipple's price shows bearish signs; if the current key support level breaks - the drop could escalate even faster. Technical Analysis By Edris The USDT
Weiterlesen »
Ripple says court should deny SEC request for appealRipple Labs pushed back against the Securities and Exchange Commission's request for appeal in an ongoing dispute in a new filing on Friday.
Weiterlesen »