Wu Blockchain (@WuBlockchain): The SEC and Ripple Labs have jointly filed to dismiss their appeals in the Second Circuit, ending the appellate proceedings with each party bearing it…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- XRP+70Positive
The SEC and Ripple Labs have jointly filed to dismiss their appeals in the Second Circuit, ending the appellate proceedings with each party bearing its own costs. This leaves U.S. District Judge Analisa Torres’s July 2023 ruling as the final judgment, holding that XRP secondary-market transactions are not securities offerings, while sales to institutional investors constitute unregistered securities offerings. https://t.co/2jO7r0yf8C