Cryptocurrency

BREAKING NEWS- Ripple (XRP)- Judge in Ripple Cryptocurrency Case Wants Token Holders' Views





A group of individuals who own digital tokens associated with Ripple Labs Inc can offer their “meaningful perspective” in the U.S. Securities and Exchange Commission’s case accusing the company of violating securities law, a Manhattan federal judge ruled on Monday.
U.S. District Judge Analisa Torres wrote that the six holders of XRP, the world’s seventh-largest cryptocurrency by market value, can offer opinions on certain legal questions in the lawsuit, which alleges the token is an unregistered security.
The case is being closely watched by attorneys in the crypto space, as regulators continue to grapple with how to regulate the asset class. The SEC has sued some digital token issuers for selling unlicensed securities, while other assets such as Bitcoin and ether have avoided the label.
The XRP tokenholders sought to intervene in March, saying they were de facto defendants in the case and wanted to protect their interests.
John Deaton of the Deaton Law Firm, who represents the XRP holders, and a spokesperson for the SEC did not immediately respond to a request for comment on Monday.
“We were all granted amicus status today!” Deaton wrote on Twitter, where the ruling was celebrated by cryptocurrency enthusiasts.
Ripple’s founders created XRP in 2013. The SEC sued the San Francisco-based company and its current and former chief executives in December, alleging they have been conducting a $1.3 billion unregistered securities offering since the token’s creation.
Ripple and the executives have denied the allegations, and the company has argued that XRP has traded and been used as a digital currency.
The XRP holders including Deaton’s daughter, Jordan, said in their bid to intervene in the case that the token lost $15 billion in value when crypto exchanges in the U.S., including Coinbase, delisted or suspended trading in XRP after the SEC sued.

Enjoy the video! Stay safe everyone.
THE WALL STREET BULL

Start Investing In Crypto Today Using Coinspot Here In Australia!
Share the love & Get $10 Free BTC! Use my referral code
Click The Link Below
👇👇👇👇👇

If you’re interested in getting into trading Crypto using 3 Commas
Click The Link Below
👇👇👇👇👇

Join today using my referral code anthonyt943 and we can both get a free stock.
Click The Link Below
👇👇👇👇👇

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

📺 YouTube Tips And Advice 📺
TubeBuddy is a browser extension that will help you seamlessly manage and optimize your YouTube channel.
Click The Link For More Information 👉👉

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

💸 Track Your Dividends Using This Incredible Tool, Ad-Free Tracking, Analysis Dashboard, Stock Popularity, And Dividend Safety Scores
Click The Link Below
👇👇👇👇👇
💸

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

Invest in US Stocks and ETFs on Stake 💸💸💸
Join me on the journey to financial freedom 💸💸💸

Essential Books To Read About Investing 📖📖📖📖📖📖📖📖

1. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition), Purchase Here 👉-

2. One up on Wall Street: How to Use What You Already Know to Make Money in the Market, Purchase Here 👉

3. The Essays of Warren Buffett: Lessons for Corporate America, Fifth Edition, Purchase Here 👉

4. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class, Purchase Here 👉

5. Beating the Street: Purchase Here 👉

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

SUBSCRIBE:

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

VIDEO TAGS

crypto,crypto news, news,xrp ripple,xrp price,ripple xrp,xrp price prediction,xrp news today,xrp price prediction 2021,ripple,xrp lawsuit,xrp sec,xrp crypto,ripple news,xrp news today now,xrp 2021,brad garlinghouse,xrp technical analysis,xrp prediction,xrp today,xrp analysis,ripple sec news,ripple xrp news,xrp ripple news,xrp coin

HASHTAGS #ripple #xrp #crypto

»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»»

Disclaimers: The above references an opinion and is for entertainment purposes only. I’m not a financial advisor and this is not intended to be investment advice. Seek a duly licensed professional for investment advice. ALSO, Links in the description are typically affiliate links that let you help support the channel at no extra cost.

source

19 comments

Have your say