coinpedia
2024-11-04 10:25:49

XRP Lawsuit: Is the SEC Set to Gain from Ripple’s $125 Million Fine? Expert Says Not a Dollar Goes to Them

The post XRP Lawsuit: Is the SEC Set to Gain from Ripple’s $125 Million Fine? Expert Says Not a Dollar Goes to Them appeared first on Coinpedia Fintech News The legal battle between Ripple and the SEC has been intensifying lately. Ripple has filed a Form C to appeal parts of Judge Torres’s ruling that labeled certain XRP sales as unregistered securities offerings, resulting in a $125 million penalty. Ripple argues that the court misapplied the Howey test and did not adequately consider the …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.