Ripple Ruling Rebuke Complicates Coinbase’s Defense Against the SEC: Berenberg

2023-8-2 17:20

U.S. District Judge Rakoff rejected a previous judge’s distinction between institutional sales and sales to retail investors on crypto exchanges, the report noted.

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Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors

U. S. Securities and Exchange Commission (SEC) chair Gary Gensler recently voiced his dissatisfaction with a court ruling related to the XRP token, as reported by Bloomberg on July 17. Gensler said that he is “disappointed” by Judge Analisa Torres’ declaration that sales of XRP tokens on retail exchanges did not constitute securities offerings.

2023-7-18 02:55