The lawsuit between the United States Securities and Exchange Commission and Ripple Labs is approaching a decisive phase.
Scheduled for April 23rd, 2024, the trial will resolve one of the longest-standing legal conflicts in the industry and also one that will most likely have a considerable impact on the entire field.
Most Recent Ripple v. SEC Update
As both parties get ready to enter the critical phase of the lawsuit, on February 6th, the Commission achieved a small victory.
In a court filing, Judge Sarah Netburn ruled in favor of the Agency and directed Ripple to disclose important financial records for 2022 and 2023.
Recall that Ripple previously contested the SEC’s request. The company argued that its financial status wasn’t pertinent to the case.
The latest ruling is the first positive outcome for the Agency in a while, following a series of considerable setbacks. Last summer, Judge Analisa Torres concluded that sales of XRP on secondary markets do not constitute an offer of i
We współpracy z: https://cryptopotato.com/ripple-v-sec-update-february-13th/
