SEC Files Last-Minute Appeal in Ripple Lawsuit Over XRP Sales

Oct 19, 2024  · The SEC filed a late appeal against Ripple, focusing on the programmatic sales of XRP and executives’ actions. Ripple’s legal battle with the SEC has been lengthy. A prior …


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Ripple Vs SEC Lawsuit: SEC Poised For Last-Minute Appeal In XRP …

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Sep 22, 2024  · The SEC is likely to file a last-minute appeal in the Ripple lawsuit, while XRP’s price surged to $0.60 amid ongoing legal tensions. ... XRP Price Forecast: Can XRP Break …

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Ripple Vs SEC Lawsuit: Will SEC File A Last Minute Appeal?

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Sep 22, 2024  · Price trends linger on whether the SEC appeals rulings from the Ripple case. If the SEC appeals, XRP may fall below $0.40. Conversely, if the SEC does not file an appeal, XRP …

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Ripple Lawsuit Update: XRP Rally Defies SEC Appeal Pressure

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17 hours ago  · In the ongoing Ripple case, the SEC filed the opening brief on Wednesday. An expert has predicted that XRP will hit the $10 mark. The U.S. Securities and Exchange …

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XRP Gains Momentum Toward $5 Amid SEC Appeal Challenges, …

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1 hour ago  · SEC’s Appeal Fails to Shake Ripple’s Confidence. On January 15, 2025, the SEC formally filed an appeal with the Second Circuit Court to overturn Judge Analisa Torres’ July …

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about SEC Files Last-Minute Appeal in Ripple Lawsuit Over XRP Sales Coupon?

When will the SEC file an XRP appeal?

The SEC must file its opening brief in the Ripple appeal by January 15, 2025. Ripple’s chief legal officer confirms appeal doesn’t challenge XRP’s security status. The United States Court of Appeals for the Second Circuit has ordered the SEC to submit its opening brief in its appeal against Ripple Labs by January 15, 2025. #XRPCommunity #SECGov v. ...

Did Ripple get a $125 million fine from the SEC?

The battle between Ripple and the SEC ended with a sizeable fine of $125 million for the crypto firm, but the judgment, arguably, has gone in Ripple’s favor. Whilst the SEC has 60 days to appeal the court decision, Garlinghouse is confident that the strength of the ruling is undeniable. ...

When will ripple respond to the XRP ruling?

The SEC has previously filed an interlocutory appea l regarding the XRP ruling, which has contributed to the negative attitude toward its price. As a result, Ripple had to respond by Sept. 1 and the SEC by Sept. 8 to address any additional responses that Ripple may provide. ...

Is Ripple XRP a trade in securities?

The recent move comes amidst many shifts in the regulatory layout, from changes at the SEC itself to new institutional interest in XRP. The appeal seeks to overturn Judge Torres' 2023 ruling, which held that secondary trades of Ripple's XRP token did not constitute trades in securities. ...

Why did the SEC cross-appeal XRP sales?

The cross-appeal is in response to the SEC’s appeal of Judge Analisa Torres’s August ruling. The ruling found that XRP sales to institutional clients violated U.S. securities laws and imposed a $125 million civil penalty on Ripple. However, Judge Torres’s ruling also stated that XRP sales on exchanges and other public markets were not securities. ...

Did the SEC file an interlocutory appeal against Ripple?

The SEC attempted to file an interlocutory appeal against the motion for summary judgement, but was denied by the judge. This past August, Judge Torres imposed a $125 million fine against Ripple, well below the nearly $2 billion the SEC requested in disgorgement, prejudgment interest and civil penalties. ...

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