- US financial regulator SEC alleges that Ripple sold unregistered securities (XRP token) to institutional investors. The firm is faced with fines to the tune of $2 billion. Judge Analisa Torres is expected to rule on this issue soon.
- XRP traders have their eyes peeled for the final ruling in the Ripple lawsuit for two reasons:
- XRP has legal clarity as a non-security in its secondary market transactions (trade on exchanges)
- If the SEC chooses to appeal the ruling it could influence XRP negatively
- Ripple has proposed $10 million in fines for the alleged securities law violations, while the SEC says even by the payment remittance firm’s logic (in its letter comparing the lawsuit to Terraform Labs’ case) the fines should be $102.6 million.
- Pro-crypto attorney Fred Rispoli predicts that the Ripple lawsuit could end this month.
- XRP continues to enjoy the spotlight, as talks of further altcoin ETFs, likely Solana, XRP do the rounds. Franklin Templeton recently tweeted about a Solana ETF. XRP proponents argue that it is likely XRP Ledger’s native token gets a spot ETF product of its own
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.
