SDNY s Ripple Decision Could Have a Rippling Effect on SEC Enforcement Actions natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
What Does The Ripple Decision Mean For Cryptocurrency natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
Yogi was prescient (as usual) as this observation has been fulfilled by the decision of a federal court on July 13, 2023, in the Securities and Exchange Commission's enforcement action.
On July 13, 2023, U.S. District Judge Analisa Torres issued a landmark ruling for the crypto community, holding that programmatic, or open market, sales of XRP tokens do not constitute investment contracts.
In the absence of a more specialized regime for the regulation of crypto assets, one of the key hooks utilized by the American Securities and Exchange Commission (the SEC).