Sec Ripple Xrp Lawsuit Appeal Petition. SEC Appeals Ripple Court Ruling on XRP Status as Security The judge found that Ripple's programmatic sales of XRP on retail exchanges did not constitute violations of securities laws — contradicting the SEC's broader claims. The XRP army has actively joined the battle in the legal case between Ripple and the United States Securities and Exchange Commission (SEC), showing support for the crypto payments company with a new petition
XRP Lawsuit Ripple CLO Says SEC Has Only 10 Chance of Winning the Appeal from coingape.com
The petition which highlights the SEC's harmful enforcement actions with its new appeal has already garnered thousands of signatures from various community members The legal fight began in 2020 when the SEC accused Ripple of selling XRP without proper authorization
XRP Lawsuit Ripple CLO Says SEC Has Only 10 Chance of Winning the Appeal
The SEC filed a lawsuit against Ripple in 2020 — during President Donald Trump's first term — alleging that the company raised $1.3 billion via unregistered securities sales of XRP tokens. The SEC filed a lawsuit against Ripple in 2020 — during President Donald Trump's first term — alleging that the company raised $1.3 billion via unregistered securities sales of XRP tokens. Ripple has agreed to pay the US Securities and Exchange Commission (SEC) a $50 million penalty and drop its cross-appeal in the regulator's lawsuit
XRP Price Will Hit 120, “Melt Faces” According to This Expert Analyst. In exchange, the SEC will ask for the lifting of an injunction that prohibits Ripple from selling XRP to institutions. Petition Details Created by XRP Army, the petition expressed frustration over the four-year lawsuit between the SEC and Ripple
XRP Lawsuit News ExSEC Lawyer Reveals Ripple Was Discussed Weekly, Predicts Possible Dismissal. District Court for the Southern District of New York ruled that Ripple's institutional sales were an unregistered securities offering. The prolonged XRP lawsuit is believed to have resolved as Ripple has dropped its cross-appeal following the US Securities and Exchange Commission's (SEC) withdrawal of its appeal