XRP Lawsuit News : Ripple vs SEC Could End Soon Amid Leadership Changes

Quick Summary:

Speculation has intensified following Donald Trump’s re-election and his pro-crypto stance, with Ripple CEO Brad Garlinghouse expressing hope for a favorable outcome.

Ripple’s CTO David Schwartz recently criticized the SEC’s broad use of the term “investment contract,” arguing that it has muddied securities law.

He stressed that Ripple is accountable to its shareholders, not XRP holders, challenging the SEC’s argument that XRP qualifies as a security.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: Ripple (XRP) Crypto Regulations News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 05:29:03 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 545 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23565953

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Main Topics: Crypto

Official Website: coinpedia.org

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News Last Updated: 9 hours ago

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