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Ripple scores mixed result against the SEC over privilege in XRP lawsuit January 14, 2022 1:26 am UTC, Rick Steves “The Court agrees with Defendants that the consequential nature of the litigation supports disclosure.”
The SEC’s Arguments In the lawsuit filed in 2020, the SEC claimed that the XRP crypto token was classified as securities because it served as a capital avenue for Ripple’s platform and was used to fuel the platform’s features services that facilitated funds transfer among users.
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According to a famous lawyer who closely follows the lawsuit between Ripple and the U.S. The Securities and Exchange Commission (SEC), James K. Filan, has announced that one of the lawyers defending former Ripple CEO Chris Larsen in the SEC lawsuit against Ripple Labs is withdrawing.
Ripple investors are positive of the altcoin’s win in the case that the Securities & Exchange Commission (SEC) brought against the payments giant. Empower Oversight, a non-governmental.
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Ripple scores mixed result against the SEC over privilege in .
December 13, 2021 John Ripple 0 The legal battle pitting the Securities and Exchange Commission (SEC) against Ripple (CCC: XRP-USD) continues to build heat. As the lawsuit approaches its first birthday, the two parties seem no closer to a satisfying ending. Now, an army of Ripple bulls are trying to have their say in court.
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Attorney Jeremy Hogan of the Ripple community, believes that the SEC’s lawsuit against the payments giant could be finalized by April 2022. This has fueled a bullish narrative for Ripple price. SEC.
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As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, alleging that they raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.” #XRP wins its court case VS the SEC.
Ripple long-term investors bet on XRP, expect bias lawsuit .
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One of the attorneys from Chris Larsen's team has withdrawn .
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Ripple Labs, the U.S. technology company behind the XRP crypto, remains embroiled in a lawsuit with the SEC over allegations that its executives engaged in $1.3 billion of trades in unregistered.
Lawyers believe that SEC vs. Ripple case could end with the .