Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision
Este artículo también está disponible en español.
The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has in fact not ended, as new reports of the regulator possibly opposing the court’s decision have surfaced. If the SEC decides to proceed with the appeal, Ripple could be drawn into an even longer and more tedious legal dispute, extending the uncertainty about its regulatory clarity
Related Reading
Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision
6 minutes ago
SEC May Appeal Ripple Court Ruling
In an X (formerly Twitter) post on September 26, Fox Business journalist Eleanor Terrett revealed new information concerning the three-year-long court battle between Ripple and the US SEC. Terrett disclosed that the SEC may likely appeal the July 2023 ruling made by Judge Analisa Torres’ concerning Ripple’s programmatic sales of XRP.
In the crypto community, there has been an ongoing conjecture over the SEC’s intentions to appeal the court’s ruling on Ripple. Many crypto community members had assumed that the regulator would not file an appeal, as a result, they believed that the more than three-year-long legal battle would finally come to an end.
Terrett’s new report has put a halt to these speculations, as she reveals that a recently departed SEC lawyer directly informed her that the regulator may file a last-minute appeal against Judge Torres’ court ruling.
“Everyone over there (at the SEC) truly believes that the decision is wrong, that it’s not good law, and should be appealed,” the former SEC lawyer allegedly stated
Earlier in July 2023, the crypto community celebrated Ripple’s partial win against the US SEC, following Judge Torres’ ruling that XRP is not a security. Specifically, the ruling stated that programmatic sales of XRP were not considered a security
Moreover in a more recent court hearing in August 2024, Judge Torres brought the first chapter of the lawsuit between Ripple and SEC to a close by imposing a $125 million penalty on Ripple and forbidding the digital asset firm from violating future securities law
Analyst Affirms October Is Crucial For XRP
‘JackTheRippler,’ a crypto analyst and prominent XRP supporter, has declared October to be a life-changing month for both Ripple and XRP holders. Contrary to recent reports of a potential SEC appeal, the analyst predicts that the regulator would not appeal the court’s ruling on Ripple
Related Reading
Ripple Vs. SEC Battle Far From Over As Regulator Opposes Court’s Decision
6 minutes ago
He also forecasts that XRP could reach new all-time highs in October, driven by the start of mass adoption in the United States (US). As of writing, the price of XRP is trading at $0.6, reflecting a 1.94% increase in the last 24 hours, according to CoinMarketCap
Featured image from Canva, Envato Elements, chart from TradingView