SEC files opening brief in its appeal against Ripple, seeks reversal …

Jan 16, 2025 · The SEC later decided to proceed with an appeal, aiming to challenge the court’s ruling that secondary market sales of XRP tokens were non-securities. In the brief shared by …

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Breaking: US SEC Files Notice Of Appeal In Ripple Lawsuit - CoinGape

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The US SEC filed this Notice of Appeal of Judge Torres’ ruling five days before the October 7 deadline. After Judge Torres fined Ripple $125 million for selling XRP to institutional investors …

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The SEC Is Appealing A Federal Court’s Ruling On Ripple

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Oct 3, 2024 · The SEC is appealing a federal court’s ruling on Ripple. Ripple was fined $125 million for defrauding institutional investors — but it was a tiny fraction of the $2 billion fine the …

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Can XRP Bounce Back? SEC Actions May Favor Ripple In Ongoing …

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1 day ago · XRP is down 3% in the early hours of Thursday as crypto community members anticipate that the Securities and Exchange Commission's (SEC) appeal of the ruling in its …

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FAQs about SEC files opening brief in its appeal against Ripple, seeks reversal … Coupon?

Why did the SEC file an appeal against Ripple Labs?

The SEC has filed a notice of appeal in its legal case against Ripple Labs. The appeal comes after Judge Analisa Torres ruled that Ripple’s institutional sales were in violation of securities laws, while retail sales were not. The U.S. Court of Appeals for the Second Circuit will consider the merits of Judge Torres’ decision. ...

Will the SEC appeal a federal judge's ruling against Ripple?

The U.S. Securities and Exchange Commission announced it would appeal a federal judge's ruling in its case against Ripple on Wednesday. ...

Why did the SEC file a notice of appeal against XRP?

The U.S. Securities and Exchange Commission (SEC) filed a notice of appeal against the historic ruling by Judge Analisa Torres in the Ripple case. The recent move comes amidst many shifts in the regulatory layout, from changes at the SEC itself to new institutional interest in XRP. ...

Did ripple violate securities law?

In July 2023, the judge ruled that while Ripple violated federal securities law through its institutional sales of XRP, its programmatic sales to retail exchanges did not violate securities rules. The SEC attempted to file an interlocutory appeal against the motion for summary judgement, but was denied by the judge. ...

Did the SEC file an interlocutory appeal against Ripple?

The SEC attempted to file an interlocutory appeal against the motion for summary judgement, but was denied by the judge. This past August, Judge Torres imposed a $125 million fine against Ripple, well below the nearly $2 billion the SEC requested in disgorgement, prejudgment interest and civil penalties. ...

Will ripple vs SEC continue?

The development today means that the years-long legal battle between the regulator and Ripple will continue again. Prior to the appeal, a former SEC attorney revealed just last week that everyone at the agency believed that judge Torres’s ruling was wrong. ...