Ripple vs. SEC: Could newly released documents tip the balance?
The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day. Go to Source Powered by WPeMatico
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The court case between SEC and Ripple Labs has been ongoing for nearly two and a half years, but a summary judgment ruling could be made any day. Go to Source Powered by WPeMatico
SEC’s request to seal documents in the Ripple Labs case has sparked criticism from the community. Go to Source Powered by WPeMatico
The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the US regulator on Dec. 2. Go to Source Powered by WPeMatico
Newly discovered documents suggest a possible conflict of interest from a former SEC official when he made a speech about Ethereum which some claim could jeopardize the SEC’s case against Ripple. Go to Source Powered by WPeMatico
Bill Hinman could be called to testify on his 2018 comments regarding Ethereum’s security status. Go to Source Powered by WPeMatico
On March 12, the cryptocurrency and blockchain legislative advocacy group Coincenter published correspondence between the Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd. The letter explains that Clayton and the SEC’s staff analysis confirms that Ethereum and similar cryptocurrencies are not subject to securities laws. Also read: Cointext Adds the Ability … Read more
At press time, the father of cryptocurrencies has shot up by over $400, and is now trading for $6,650. After many analysts stated that the $5,000 range was imminent, it appears bitcoin has impressed (and surprised) us once again by halting its descent earlier than expected. Whether it shoots back up to the $7,000 range … Read more
The Securities and Exchange Commission’s head of the Division of Corporate Finance, William Hinman, stated during the Yahoo All Markets Summit today in San Francisco that cryptocurrencies like BTC and ETH are not securities. Soon after the SEC executive made the statements, cryptocurrency markets saw some gains as BTC rose $350 immediately after the news … Read more
United States Securities and Exchange Commission (SEC) commissioner, Robert Jackson, has expressed his belief that initial coin offerings (ICOs) will be legitimized under existing securities legislation. Despite the optimistic outlook, the commissioner has criticized the current state of the ICO industry. Also Read: Taxis Take BCH, Stores Sell BTC in the Russian City of Rostov SEC … Read more