The post Ripple Decision Faces Scrutiny Again: Ripple CTO Defends it appeared first on Coinpedia Fintech News
Only a short time ago, the crypto world was buzzing with the landmark Ripple decision, which drew a significant line between institutional and public sales of crypto assets. However, that key distinction appears to be under threat as another judge has chosen a different path.
The Terraform Decision: A Dissenting Voice
In a case against Terraform Labs and founder Do Kwon, SDNY District Judge Jed Rakoff has dismissed the distinction made in the Ripple case. Instead, he has sided with the SEC, permitting the organization to move forward with its case against Terraform Labs. Stark, who has been closely following this unfolding narrative, posted an excerpt from the judge’s decision, which expressed a clear rebuke of the Ripple decision.
Newsflash: Ripple Decision Already in (Big) Trouble
SDNY District Judge Jed Rakoff today allowed the SEC to go forward with its case against Terr
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