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Ripple vs. SEC — Respite for a Beleaguered Industry


On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...

Decoding Ripple’s Ruling: A Potential Tsunami for the SEC


In a groundbreaking decision earlier this month, the Southern District Court of New York determined that institutional sales of XRP conducted directly by Ripple constitute securities sales. However, intriguingly, XRP sales on secondary markets, specifically crypto exchanges, do not. A verdict that...

SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal


The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available...

British Court Grants Appeal to Craig Wright in Bitcoin Copyright Lawsuit


A British court has granted an appeal to Craig Wright to argue his case in a copyright lawsuit concerning Bitcoin (BTC), according to a recent court filing. Wright, who has claimed to be the creator of Bitcoin since 2016, has filed a lawsuit against 13 Bitcoin Core developers and several...

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