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Author Topic: Is the XRP court case over?  (Read 9752 times)

Offline cryptoworld1

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Is the XRP court case over?
« on: October 06, 2023, 08:12:35 AM »
Concluded sales of Ripple's XRP token directly to institutional investors violated securities laws but those to the general public on exchanges didn't.

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Is the XRP court case over?
« on: October 06, 2023, 08:12:35 AM »

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Re: Is the XRP court case over?
« Reply #1 on: December 27, 2023, 02:25:48 AM »
Concluded sales of Ripple's XRP token directly to institutional investors violated securities laws but those to the general public on exchanges didn't.

It's over mate,  Ripple team has solved their legal problem with SEC.
No worries to invest in ripple again.
Ripple is bank coin that have good fundamental and also good team behind their project.

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Offline Hisbullah

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Re: Is the XRP court case over?
« Reply #2 on: December 28, 2023, 03:05:00 AM »
Concluded sales of Ripple's XRP token directly to institutional investors violated securities laws but those to the general public on exchanges didn't.

It's over mate,  Ripple team has solved their legal problem with SEC.
No worries to invest in ripple again.
Ripple is bank coin that have good fundamental and also good team behind their project.

nice to hear that, if SEC CAS is over that happened in ripple.
I hope ripple price will go up again.
I still have several ripples in my wallet since last year's and hold until now.
.
cryptomus
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Offline Thyplaymaker

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Re: Is the XRP court case over?
« Reply #3 on: January 02, 2024, 12:16:24 AM »
Concluded sales of Ripple's XRP token directly to institutional investors violated securities laws but those to the general public on exchanges didn't.

It's over mate,  Ripple team has solved their legal problem with SEC.
No worries to invest in ripple again.
Ripple is bank coin that have good fundamental and also good team behind their project.

nice to hear that, if SEC CAS is over that happened in ripple.
I hope ripple price will go up again.
I still have several ripples in my wallet since last year's and hold until now.
IMO I think if the case work out for Xrp favors. Xrp will experience a green market (bullish one) because alot of people will start investing on it without any fear. And that will surely be great news because I also have some Xrp I'm hold in my Dex wallet.
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Offline Zed0X

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Re: Is the XRP court case over?
« Reply #4 on: January 02, 2024, 11:40:53 AM »
The decision on the sale has been concluded with finality but there's still a pending trial on how much Ripple has to pay for the damages from selling $728M worth of XRP to institutional investors. That is not going to be cheap for sure and you have to wonder where they will get the funds for that? They are likely to dump more XRP from their reserves into the market.

Offline therozaq

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Re: Is the XRP court case over?
« Reply #5 on: January 02, 2024, 08:44:24 PM »
IMO I think if the case work out for Xrp favors. Xrp will experience a green market (bullish one) because alot of people will start investing on it without any fear. And that will surely be great news because I also have some Xrp I'm hold in my Dex wallet.

Yeah, I see many people starting to buy more and investing in ripple again .
Many news said, the SEC problem has been solved by Ripple team.
Ripple price will go up again .
As an investor, I think we will face this problem everytime.
So, keep spirit to be crypto enthusiasm
« Last Edit: January 02, 2024, 08:46:39 PM by therozaq »
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Re: Is the XRP court case over?
« Reply #6 on: January 02, 2024, 10:20:03 PM »
Concluded sales of Ripple's XRP token directly to institutional investors violated securities laws but those to the general public on exchanges didn't.

I agree  with several pey that started to buy and invest in ripple again after SEC matter.
Ripple had legal problem with SEC, but it's over .
I believe ripple price will go up.
Let's buy and hold XRP
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Re: Is the XRP court case over?
« Reply #6 on: January 02, 2024, 10:20:03 PM »


Offline dekafee79

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Re: Is the XRP court case over?
« Reply #7 on: January 03, 2024, 06:11:55 PM »
Concluded sales of Ripple's XRP token directly to institutional investors violated securities laws but those to the general public on exchanges didn't.

I agree  with several pey that started to buy and invest in ripple again after SEC matter.
Ripple had legal problem with SEC, but it's over .
I believe ripple price will go up.
Let's buy and hold XRP

You're right, I think Ripple team is  good team that can solve their problem, especially legal problem with SEC.
after itr clear, I think we should buy more ripple and starting to hold.
Current XRP price is $ 0.5 , we know ripple ever touched ATH at $ 3.8.
Let's try to hold until the end of this year

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Re: Is the XRP court case over?
« Reply #8 on: January 04, 2024, 09:50:22 AM »
Not totally. It is true that Ripple had gained a lot of ground in recent months but the victory is not 100%. A recent court decision has granted partial favor to Ripple; however, the final verdict on various charges against the company's executives will be determined in an upcoming trial. Particularly noteworthy is Judge Torres' directive for both parties to adhere to requisite procedures before their court encounter. The SEC is obligated to submit its brief on remedies by March of this year, while Ripple is expected to file its opposition by April.

As I said, nothing is 100%, but the path that Ripple is taking is undoubtedly the most indicated.
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Offline JahriMeayer

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Re: Is the XRP court case over?
« Reply #9 on: January 05, 2024, 04:21:32 AM »
Approximately over. court partially declared that xrp had not violated any rules as well as securities laws what they were accused with. although this is not 100% win but based on that declaration, xrp is about to win the rest of process. And that's why XRP army rejoin with their position and the price of XRP started flying after that declaration even doubled.

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Re: Is the XRP court case over?
« Reply #10 on: January 05, 2024, 02:21:38 PM »
Not totally. It is true that Ripple had gained a lot of ground in recent months but the victory is not 100%. A recent court decision has granted partial favor to Ripple; however, the final verdict on various charges against the company's executives will be determined in an upcoming trial.

Particularly noteworthy is Judge Torres' directive for both parties to adhere to requisite procedures before their court encounter. The SEC is obligated to submit its brief on remedies by March of this year, while Ripple is expected to file its opposition by April.

As I said, nothing is 100%, but the path that Ripple is taking is undoubtedly the most indicated.
Who is/are the plaintiff/s against the company executives? From what I read, the SEC already dropped the charges against the two Ripple Labs executives. This came after the judge denied all SEC's attempts to appeal the decision made on the sale of XRP to institutions and retail investors (exchanges). That's final. The only thing left is determining how much would be the penalty for the violation committed on the institutional sales of XRP.

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Re: Is the XRP court case over?
« Reply #11 on: January 05, 2024, 02:36:17 PM »
Ripple vs Sec is indeed over. Even though the Sec can still appeal and there were rumors that they would file an appeal, the latest news that I read also stated that the Sec had canceled their appeal. But that doesn't mean they won't appeal. Sec is just postponing it. So scheduling a trial in April 2024 will not happen.1
And indeed there is another reason behind the Sec canceling the appeal which they were initially going to submit immediately. Maybe they canceled or postponed it because based on LBRY case law that an appeal against a court decision can only be made after 8 months from the time the decision was made in court and announced. So it could be that in the next few months Sec will come back and start a new drama again. But I think in the end Ripple will still be strong.

--------------
Reference;
1. https://pintu.co.id/news/51147-alasan-penundaan-banding-sec-kasus-xrp-dampaknya-bagi-investor

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Re: Is the XRP court case over?
« Reply #12 on: January 05, 2024, 08:30:50 PM »
Who is/are the plaintiff/s against the company executives? From what I read, the SEC already dropped the charges against the two Ripple Labs executives. This came after the judge denied all SEC's attempts to appeal the decision made on the sale of XRP to institutions and retail investors (exchanges). That's final. The only thing left is determining how much would be the penalty for the violation committed on the institutional sales of XRP.

I haven't found much information that I read a while ago, but here's some more: https://www.reuters.com/markets/us/sec-dropping-claims-against-ripple-executives-court-filing-2023-10-19/

I also read (sorry, I don't remember where) that the SEC was going to file new charges. If I find that news I will put it in this thread.
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Offline Nazmul012

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Re: Is the XRP court case over?
« Reply #13 on: January 11, 2024, 01:25:52 PM »
the court decision was in the flavor of xrp but that was partially. I also heard Sec will take another step but some articles says, the total case against xrp, is over. I think case is over otherwise we could heard another news about sec vs xrp meanwhile but there's no such thing or such declaration is announced by sec. So i think positive about xrp
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Re: Is the XRP court case over?
« Reply #14 on: January 13, 2024, 02:49:34 AM »
Who is/are the plaintiff/s against the company executives? From what I read, the SEC already dropped the charges against the two Ripple Labs executives. This came after the judge denied all SEC's attempts to appeal the decision made on the sale of XRP to institutions and retail investors (exchanges). That's final. The only thing left is determining how much would be the penalty for the violation committed on the institutional sales of XRP.

I haven't found much information that I read a while ago, but here's some more: https://www.reuters.com/markets/us/sec-dropping-claims-against-ripple-executives-court-filing-2023-10-19/

I also read (sorry, I don't remember where) that the SEC was going to file new charges. If I find that news I will put it in this thread.
SEC have found  Money making from crypto world , started from Ripple and Binance that they have got large amount of settlement so why push more so they will have fountain of Money from every areas of crypto? looking at how much capitalization here in crypto? surely they are more than eager to get their piece of Pizza.

 

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