SEC tells Judge that XRP is not like Bitcoin or Ether; questions 'utility' of XRP

2021-3-20 01:00

In a new development in the Ripple-SEC lawsuit, during a hearing on 19 March, the Commission’s trial attorney Jorge Tenreiro told Magistrate Judge Sarah Netburn that XRP cannot be compared to BitcoiThe post SEC tells Judge that XRP is not like Bitcoin or Ether; questions 'utility' of XRP appeared first on AMBCrypto.

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Ripple (XRP) на Currencies.ru

$ 0.5178 (-0.36%)
Объем 24H $484.215m
Изменеия 24h: -1.21 %, 7d: 2.61 %
Cегодня L: $0.5168 - H: $0.5235
Капитализация $28.631b Rank 7
Цена в час новости $ 0.4738 (9.29%)

xrp judge utility questions sec ether tells

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Ripple’s Legal Woes Likely To Dampen XRP Growth Following Recent Court Ruling

On Feb 26, Judge Phyllis Hamilton of the Northern District of California ruled that the class-action lawsuit filed by investors claiming Ripple sold unregistered securities will move forward. The judge also noted that digital assets that do not fall under securities law will be subject to laws against unfair, deceptive, or abusive acts or practices […]

2020-3-14 15:06


Ripple’s battle in court over XRP isn’t done yet, threatening its IPO plans

Over the past few years, a class-action lawsuit has been building against Ripple Labs, the San Francisco-based fintech company that is known in crypto for its involvement in XRP. Unfortunately for the upstart, it was unable to get the case thrown out by the federal judge, potentially threatening its intent to go public through the […] The post Ripple’s battle in court over XRP isn’t done yet, threatening its IPO plans appeared first on CryptoSlate.

2020-2-28 16:10