Ripple Believes Two 2012 Memos Will Bolster Its Case Against SEC

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The Ripple v. SEC case is approaching a critical point XRP

The SEC asserts that Ripple was well aware of the fact that XRP is an unregistered security and knowingly chose to break the law.

U.S. District Judge Analisa Torres delivered a blow to the defendants by issuing a court order to unseal the memos in question on Feb. 17. The defendants fought hard to keep the documents in question under seal, arguing that they contained sensitive information.is in the right, it will certainly bolster the company’s pivotal fair notice defense. If the documents show that Ripple knowingly decided to violate security laws, it would be a massive blow to its already fragile case against the SEC.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That read up is a bit far fetched at the end saying Ripples case is fragile!

TAIGxrp If the judge forces them to release the docs they will say they were 'forced' to pull the case because the jdge was setting a wrg precedent that endngred their abilities to regulate in the fut. If the judge agrees they have good precedent to hide all their drty laundry in futr

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jury rules Sarah Palin failed to prove defamation against New York Times -SAN DIEGO (KUSI) – The jury has ruled that Sarah Palin has failed to prove her defamation case against the New York Times. Dan Eaton, Legal Analyst, joined KUSI’s Logan Byrnes on “Good Evening San Diego” to discuss the jury’s decision in detail. Palin sued the paper for publishing an editorial that incorrectly linked a map from her political action...
Source: KUSINews - 🏆 241. / 63 Read more »