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The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a … Read more
In 2023 alone, the Securities and Exchange Commission filed over 20 lawsuits against firms and individuals in the crypto industry. Go to Source
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to … Read more
Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violations. Ripple’s latest move aims to ensure the SEC’s arguments on … Read more
The securities regulator authorized Bitcoin options to list on BlackRock’s spot BTC ETF in September. Go to Source
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading investors. Authorities claim the company falsely asserted SEC registration and used illegal multilevel marketing tactics, posing … Read more
The XRP token is already regulated as a commodity and the SEC “duplicates and compounds the regulatory burden” by saying it’s a security, Bitnomial said in a lawsuit. Go to Source
The SEC’s Mark Uyeda says the regulator’s approach to crypto has been “the wrong one,” and it needs to provide clear guidelines before launching enforcement actions. Go to Source
The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raising concerns over investor protection. The charges seek injunctive relief and … Read more
Ripple has disclosed plans to take its legal battle with the SEC to a higher court in the United States. Go to Source
