Jan 14, 2025Chief Legal Officer Stuart Alderoty added to the criticism, announcing that the SEC declined Ripple's request to delay filing its appeal brief, which is due January 15. Alderoty called the decision unnecessary but reaffirmed Ripple's confidence in its legal position. He expressed optimism that the case would reach a resolution under new SECleadership. The price of XRP gained over 9% ...
The U.S. Securities and Exchange Commission (SEC) continues to play hardball under Gary Gensler as the regulator refuses to postpone the filing of its appeal against Ripple's (XRP) landmark ...
Jan 14, 2025The SEC will be moving forward with an appeal of a court's decision in its civil case against Ripple over the XRP token, according to Stuart Alderoty.
Jan 16, 2025The U.S. Securities and Exchange Commission (SEC) has officially filed an opening brief in its appeal against blockchain firm Ripple. The agency is challenging a court decision that ruled XRP was not a security when sold to retail investors, aiming to overturn a major legal victory for Ripple.
Jan 14, 2025Ripple leadershipblastsSECafterfiling appeal Ripple executives have criticized the U.S. Securities and Exchange Commission over its recent approach and legal strategies, as Ripple's XRP token sees increased trading activity.
Oct 19, 2024The SEC's latest filing makes no headway in fighting the earlier ruling that XRP is not a security. The appeal focuses instead on sales of XRP on programmatic terms and the actions of Ripple's leadership.
Oct 3, 2024The Securities and Exchange Commission (SEC) has announced its decision to appeal a federal court ruling in its prolonged legal battle against Ripple Labs and XRP. The SEC's notice of appeal, filed with the Second Circuit Court of Appeals on Oct. 2, follows a key August ruling that dealt a mixed outcome in the regulator's […]
Oct 18, 2024A Form C, in the context of appellate court procedures, is used by the appellant—in this case, the SEC—to provide basic information about the appeal and the lower court's decision. Filing is mandatory and must be done within 14 days of filing the notice of appeal, according to the form's own legalese.