Ripple files Form C, appeals SEC ruling on XRP institutional sales
Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied. Go to Source
Stuart Alderoty
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XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike
Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal … Read more
XRP may face volatility as market waits for ‘concrete results’ — Analyst
A crypto analyst opined that XRP’s price “is likely to fluctuate between $0.50 and $0.80” for the rest of 2024 with strong emphasis on regulatory developments. Go to Source
SEC’s Ripple appeal doesn’t challenge XRP non-security status
Ripple’s chief legal officer, Stuart Alderoty, emphasized that the SEC’s Form C doesn’t appeal the ruling that XRP is not a security. Go to Source
NYDFS chief’s advice for crypto firms: ‘Never surprise your regulator’
Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States. Go to Source
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the … Read more
Ripple lawyer slams SEC use of ‘crypto asset security’
Ripple’s chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis. Go to Source
Better Markets CEO Says SEC Has 90% Chance of Winning in Ripple Appeal — Criticizes Judge’s XRP Ruling
Dennis Kelleher, CEO of Better Markets, says the U.S. Securities and Exchange Commission (SEC) has a 90% chance of winning an appeal in the Ripple lawsuit over XRP. He criticized the court ruling as flawed, arguing that the judge in the Ripple case misapplied the law. Better Markets CEO on SEC Appeal Against Ripple Dennis … Read more
Ripple Legal Chief Anticipates Possible SEC Appeal in XRP Case Despite Court’s 10% Reversal Rate
Ripple’s chief legal officer says he wouldn’t be surprised if the U.S. Securities and Exchange Commission (SEC) does appeal the final ruling in the Ripple lawsuit over XRP. He questioned the SEC’s rationality and expressed confidence that any appeal by the SEC would likely fail. Alderoty urged the SEC to focus on its core mission … Read more
Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that … Read more
