United

April

James

<div class="finbold">
 <p class="paragraph">As the cryptocurrency community awaits the final decision in the courtroom standoff between blockchain company Ripple and the United States Securities and Exchange Commission (SEC), the agency has submitted its opening brief regarding institutional XRP sales.</p>
 <p class="paragraph">Indeed, in line with the previously published schedule, the SEC submitted, “under seal, its opening remedies-related brief and supporting documents” on March 22, according to an X post shared by legal expert and popular commentator on the case, James K. Filan, on March 23.</p>
 <p class="paragraph">According to the defense attorney and former federal prosecutor, these documents “are not public yet” and the regulator will file the “public, redacted versions” by March 26, 2024, after which Ripple has to submit its opposition brief by April 22, 2024, and the SEC’s reply is due May 6, 2024.</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
  <h3 class="text-2xl font-black mt-0 flex gap-x-3 mb-5">
   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
   </svg> Picks for you</h3>
  <div class="grid md:grid-cols-2 gap-x-10 gap-y-3 md:gap-y-5 divide-y divide-gray-300 md:divide-y-0">
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    How much will Xiaomi's upcoming car cost? <span class="self-center text-xs text-slate-500">12 mins ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    Robert Kiyosaki says he’s buying more Bitcoin in March; Here’s why <span class="self-center text-xs text-slate-500">1 hour ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    3 best Solana tokens to invest in 2024 <span class="self-center text-xs text-slate-500">16 hours ago</span>
   </div>
   <div class="md:odd:pr-4 md:odd:border-r odd:border-gray-300 pt-3 first:pt-0 md:pt-0">
    3 cryptocurrencies to watch for this week <span class="self-center text-xs text-slate-500">17 hours ago</span>
   </div>
  </div>
 </div>
 <div class="mb-4 bg-slate-50 rounded-md layout-adjustment">
  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
  </div>
 </div>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">#XRPCommunity #SECGov v. #Ripple #XRP The @SECGov has <a rel="noopener noreferrer nofollow" title="filed" href="https://thebittimes.com/tag/filed.html">filed</a>, under seal, its opening remedies-related brief and supporting documents. These documents are not public yet. Public, redacted versions will be <a rel="noopener noreferrer nofollow" title="filed" href="https://thebittimes.com/tag/filed.html">filed</a> no later than Tuesday, March 26, 2024.</p>— James K. Filan (@FilanLaw) March 22, 2024
   </blockquote>
  </div>
 </figure>
 <h2 class="wp-block-heading" id="h-sec-ripple-lawsuit-progress">SEC Ripple lawsuit progress</h2>
 <p class="paragraph">As a reminder, Judge Analisa Torres ruled in July 2023 that Ripple’s sales of XRP to retail buyers did not constitute securities sales but that the institutional XRP sales were, in fact, securities. Therefore, the sides in the SEC Ripple lawsuit are now trying to agree on the damages that the blockchain firm has to pay.</p>
 <p class="paragraph">In the more recent developments related to the Ripple SEC case, the regulator had requested the above remedies <a rel="noopener noreferrer nofollow" title="briefing" href="https://thebittimes.com/tag/briefing.html">briefing</a> deadlines, which suggested their extension from the previous dates, also giving Ripple nine additional days to file its own opening brief – which the Judge had subsequently approved.</p>
 <p class="paragraph">Meanwhile, members of the crypto community are at the edge of their seats, watching any Ripple news or XRP lawsuit news with care, looking for clues on when the SEC vs. Ripple will finally end, as well as betting on the XRP price prediction targets depending on the outcome.</p>
 <p class="paragraph">For now, the XRP price stands at $0.632, suggesting a very minor decline of 0.03% in the last 24 hours, an increase of 3.84% across the previous seven days, and an accumulated 16.08% gain in the last month, according to the most recent chart data obtained by Finbold on March 25.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ripple-v-sec-case-update-crucial-xrp-briefing-filed-tbt83445.html">https://thebittimes.com/ripple-v-sec-case-update-crucial-xrp-briefing-filed-tbt83445.html</a></p>

Ripple v. SEC case update: Crucial XRP briefing filed

目次

TheBitTimes

2024年3月25日公開の他の記事

ICP Coin Price Surge: What’s Driving the Increase?

Arthur Hayes: SLERF, BOME is ‘more fun’ than TradFi, because…

DONK.MEME Token Presale Rages On As The Solana Meme Coin Is Set To Replicate The Success Of Book ...

Bitcoin Poised to Scale New Heights

Dogecoin Founder Reacts to Insane BTC and ETH Price Predictions

Internet Computer Price Prediction As AI Innovations As Bulls Go After $50

ニュースレターを購読して暗号資産の最新情報を毎日入手！