TL;DR
Ripple has achieved significant partial legal victories in its ongoing battle with the SEC throughout 2023.
The potential penalty remains disputed, with the SEC proposing $102.6 million and the company arguing for a maximum of $10 million.
Filing After Filing
The legal spat between Ripple and the US Securities and Exchange Commission (SEC) continues to be among the most intriguing topics in the crypto space. It dates back to December 2020 when the regulator sued the company, accusing it of illegally raising more than $1.3 billion in an unregistered securities offering by selling XRP.
The parties fired numerous shots at each other in the following years, with the advantage going from one side to the other. According to some industry participants, Ripple currently has the upper hand after securing three vital (yet partial) court wins.
In July last year, Judge Torres ruled that the firm’s programmatic sales to secondary trading platforms do not constitute offers of investment con
We współpracy z: https://cryptopotato.com/ripple-v-sec-lawsuit-update-july-11/
