Fundstrat’s $180K Bitcoin Price Prediction, Analyst Says World War III Already Started Citing BRICS, SEC Looks to Appeal Ripple Ruling — Week in Review - A Fundstrat investor note has said BTC could hit $180,000 before the upcoming bloc... - https://news.bitcoin.com/fundstrats-180k-bitcoin-price-prediction-analyst-says-world-war-iii-already-started-citing-brics-sec-looks-to-appeal-ripple-ruling-week-in-review/ #indiananalyst #xcryptotoken #worldwariii #secvripple #securities #theweekly
#theweekly #securities #secvripple #worldwariii #xcryptotoken #indiananalyst
SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings - The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Ju... - https://news.bitcoin.com/sec-seeks-to-appeal-ripple-xrp-ruling-requests-stay-of-proceedings/ #secappealripplecase #judgeanalisatorres #secripplexrpruling #secappealsxrpcase #stayofproceedings #secstayrequest #secvripple #secxrpcase #ripple #legal #sec
#sec #legal #ripple #secxrpcase #secvripple #secstayrequest #stayofproceedings #secappealsxrpcase #secripplexrpruling #judgeanalisatorres #secappealripplecase
US Second in World by Debt per Citizen, Rare Bitcoin Block Reward Awakens, BRICS Summit Invites — Week in Review - A recent study has shown that Singapore, the U.S., and Japan rank highest in the w... - https://news.bitcoin.com/us-second-in-world-by-debt-per-citizen-rare-bitcoin-block-reward-awakens-brics-summit-invites-week-in-review/ #debtpercapita #2010bitcoin #blockreward #bricssummit #secvripple #theweekly #singapore #u.s.debt #secxrp #brics #debt
#debt #brics #secxrp #u #singapore #theweekly #secvripple #bricssummit #blockreward #2010bitcoin #debtpercapita
Lawyer Outlines 4 Options SEC Could Proceed in Ripple Case Over XRP - A lawyer has outlined four potential next steps that the U.S. Securities and Excha... - https://news.bitcoin.com/lawyer-outlines-4-options-sec-could-proceed-in-ripple-case-over-xrp/ #secsettlesripple #secvripple #secappeal #ripple #legal #sec #xrp
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Lawyer Discusses SEC Appeal of Ripple-XRP Ruling — Says It Could Take 2 Years - A lawyer has provided insights into the potential outcomes if the U.S. Securities ... - https://news.bitcoin.com/lawyer-discusses-sec-appeal-of-ripple-xrp-ruling-says-it-could-take-2-years/ #secappealripplecase #secappealripplexrp #secappealxrp #xrpsecurity #regulation #secvripple #ripple #sec #xrp
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SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal - The U.S. Securities and Exchange Commission (SEC) has told a federal court that so... - https://news.bitcoin.com/sec-says-xrp-ruling-in-ripple-case-wrongly-decided-signals-appeal/ #secvterraformlabs #terraformlabs #rippleruling #garygensler #xrpsecurity #regulation #seclawsuit #secvdokwon #secvripple #xrpruling #dokwon #ripple #sec #xrp
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Legal Expert Warns Victory May Be Short-Lived for Ripple and XRP — Says Judge ‘Got the Law Wrong’ - A legal expert has warned that the district court ruling on XRP “rests on very sha... - https://news.bitcoin.com/legal-expert-warns-victory-may-be-short-lived-for-ripple-and-xrp-says-judge-got-the-law-wrong/ #xrpinstitutionalinvestors #xrpnotsecurity #xrpsecurity #secvripple #howeytest #xrpruling #featured #ripple #sec #xrp
#xrp #sec #ripple #featured #xrpruling #howeytest #secvripple #xrpsecurity #xrpnotsecurity #xrpinstitutionalinvestors
not on my bingo card, a ruling that securities law applies to and can be enforced to protect institutional investors, but leaves retail investors to their own devices.
are there precedents of this “security for thee but not for me”?
does it serve the purposes for which securities law was established if punters who want to treat a thing as poker chips absolve isssuers of legal responsibility?
kind of wow.
#crypto #finance #securities #law #secvripple
I imagine the SEC will try to appeal this.
Meanwhile, Ripple is on the hook for their (substantial) institutional sales.
This is from the order (https://courtlistener.com/docket/19857399/874/securities-and-exchange-commission-v-ripple-labs-inc/) on the motions for summary judgment in the SEC v. Ripple case (https://courtlistener.com/docket/19857399/securities-and-exchange-commission-v-ripple-labs-inc/)
TL;DR: Judge thinks that Ripple's institutional sales of XRP were securities offerings, but their retail sales were not (nor were their other distributions, e.g., to employees as compensation)
some oversimplifications of the decision being made in the claims that the "judge ruled that XRP is not a security"
still, this looks like a pretty major win for XRP
Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRP
https://news.bitcoin.com/ripple-ceo-discusses-potential-outcomes-of-sec-lawsuit-over-xrp/
#BradGarlinghouselawsuit #BradGarlinghousexrp #secwinsxrplawsuit #BradGarlinghouse #RipplelawsuitSEC #Ripplexrplawsuit #ripplelawsuit #xrpwinsripple #Regulation #seclawsuit #secvripple #xrplawsuit
#BradGarlinghouselawsuit #BradGarlinghousexrp #secwinsxrplawsuit #BradGarlinghouse #RippleLawsuitSEC #Ripplexrplawsuit #ripplelawsuit #xrpwinsripple #regulation #seclawsuit #secvripple #xrplawsuit