
Crypto Law Expert Says SEC Appeal is Not a ‘Setback’ for Ripple’s XRP Case
Crypto lawyer John Deaton says the SEC’s appeal of the recent court victory for Ripple Labs regarding XRP is not a major setback for the favorable ruling.
Crypto lawyer John Deaton says the SEC’s appeal of the recent court victory for Ripple Labs regarding XRP is not a major setback for the favorable ruling.
The recent Ripple court ruling offers some clarity on crypto regulations but still leaves much uncertainty, as the SEC continues expanding its oversight and legal battles across the crypto sector.
XRP price recovers as SEC lawsuit verdict looms; crypto analyst predicts bullish pattern and $9 target, following a significant decrease in price due to SEC’s actions and a regulatory crackdown.
The University of Toronto partners with Ripple to launch an independent XRP ledger validator to support the next generation of the crypto industry.
Lawyer John Deaton notified his followers through his daughter’s account, encouraging them to report the hack while the XRP community took action to raise awareness.
The number of daily active addresses associated with XRP has surged to its second-highest level in May, fueling traders’ expectations of a potential price rally.
John Deaton, an advocate for Ripple, argues that when cryptocurrencies like XRP and Bitcoin are traded in the primary market, they can be regarded as securities. By taking this stance, there may be a chance of reconciliation between the US Securities Exchange Commission (SEC) and Ripple.
尽管SEC指控Ripple出售未注册的证券,以及法律战争的持续进行,Ripple Labs仍然坚定地致力于XRP的未来。该公司一直在积极地从其托管帐户转移XRP,表明其对该资产潜力的信心。
Despite the SEC’s accusations of selling unregistered securities and the ongoing legal battles, Ripple Labs remains steadfast in its commitment to XRP’s future. The company has been actively moving XRP from its escrow account, demonstrating its confidence in the asset’s potential.
As its price rose by more than 31% in the previous day to $0.55, Ripple (XRP) is once again receiving attention.
Comments made by Ripple Labs CEO Brad Garlinghouse about the US Securities and Exchange Commission sparked the price movement, which increased XRP’s market cap to almost $25 billion and placed it sixth among cryptocurrencies by market capitalization (SEC).