XRP Lawsuit: Lawyers Claim Ripple Case Is In SEC Favor, Chevron Ruling Irrelevant

Quick Summary:

XRP Lawsuit: As Ripple fights to strengthen its argument that injunction and penalties must be light in the case, former U.S.

Securities and Exchange Commission (SEC) lawyers argue the remedies phase is in the SEC’s favor.

The tussle is over what percentage of these sales Ripple has to pay the SEC, additional penalty, and if Ripple still violating the law.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: IndiaAustralia

Topics: XRP Ripple vs SEC News Xrp Lawsuit 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 12:25:31 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Sentences: 38 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21471238

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 40 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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