Topics

Posted 8/24/2023, 6:12:58 PM

XRP Lawsuit: Trial Date Revealed As Three Lawyers From SEC’s Legal Team Quit Case

The U.S. Securities and Exchange Commission (SEC) has revealed that the trial for the case against Ripple Labs is scheduled for April 2024, while three attorneys from the SEC's legal team have left the case, leading to speculation about their motivations.

zycrypto.com

Relevant topic timeline:

8/4/2023

Coinbase wants its SEC lawsuit dismissed, arguing it doesn't deal in securities

Main topic: Coinbase's motion to dismiss SEC lawsuit Key points: 1. Coinbase claims it does not offer "investment contracts" and therefore the SEC has no authority over its operations. 2. Coinbase cites a separate SEC case involving Ripple Labs' XRP, where a judge ruled that it was not considered a security when sold on exchanges. 3. A different judge disagreed with the Ripple ruling in a case against Terraform Labs, allowing the SEC to proceed with claims involving sales made on exchanges and allegations of fraud.

8/22/2023

Deaton: Ripple's SEC Woes Could've Been Dodged with Right Law Firm

Ripple Labs could have potentially avoided the SEC lawsuit if it had chosen the right law firm, according to attorney John Deaton.

8/23/2023

Ripple's Brad Garlinghouse and Chris Larsen Show New Trial Schedule

Top executives from Ripple, Brad Garlinghouse and Chris Larsen, have provided their availability for the upcoming trial in 2024 in the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC), as the SEC appeals the court's ruling that XRP is not a security.

8/23/2023

Will SEC Be Able to Finish Ripple: Experts Give Their Forecast

The Securities and Exchange Commission's (SEC) chances of defeating Ripple in court are slim, as experts believe the court has thoroughly studied all arguments over the years and is unlikely to overturn its previous decision. If the SEC does succeed, it could have significant implications for the crypto market, leading to many companies relocating out of the United States and a decline in cryptocurrency prices.

8/24/2023

Two more US SEC attorneys withdraw from XRP lawsuit

Two more attorneys have withdrawn from representing the US Securities and Exchange Commission (SEC) in its lawsuit against Ripple over XRP offerings, leading to speculation that lawyers are leaving in anticipation of the regulator losing the case.

8/27/2023

Uphold Vault: XRP Community to Get Exclusive Early Access

Uphold CEO Simon McLoughlin discusses the impact of the SEC vs. Ripple case, upcoming product launches including Uphold Vault, and plans for institutional and enterprise adoption.

8/27/2023

SEC appeal a bust? Judge's ruling will favor XRP, crypto attorney predicts

Judge Analisa Torres is expected to reject the SEC's interlocutory appeal regarding the Ripple case, potentially delaying a complete appeal until late 2024, according to attorney John Deaton, who believes the judge made a fair decision based on applying the Howey test to each charge brought by the SEC. Deaton also discussed the challenge of holding regulators accountable due to qualified immunity.

8/29/2023

XRP price could drop to $0.41, amidst developments in SEC vs. Ripple lawsuit

Ripple attorneys are preparing for the SEC's appeal in the lawsuit, with a focus on the Howey Test and former SEC official William Hinman's speech, while XRP is at risk of closing September with losses based on historical trends and struggles to start an upward trend.

9/6/2023

US lawmakers are pushing Google to restructure amid monopoly concerns

The US Justice Department has started a 10-week trial against Google, accusing the company of monopolistic practices in dominating the search engine market through its business partnerships, including with Apple, to ensure its search engine is the default on mobile devices.

9/9/2023

SEC Seeks to Appeal XRP Securities Ruling, Citing 'Knotty Legal Issues' Despite Past Crypto Clarity Claims

The U.S. SEC is seeking an appeal in the Ripple Labs lawsuit, arguing that there are contentious legal issues surrounding the court's application of the law and the Howey Test that warrant a review. The SEC is requesting a stay on proceedings until the resolution of the appeal.

Topics

Posted 8/24/2023, 6:12:58 PM

XRP Lawsuit: Trial Date Revealed As Three Lawyers From SEC’s Legal Team Quit Case

zycrypto.com

Relevant topic timeline:

8/4/2023

Coinbase wants its SEC lawsuit dismissed, arguing it doesn't deal in securities

8/22/2023

Deaton: Ripple's SEC Woes Could've Been Dodged with Right Law Firm

Ripple Labs could have potentially avoided the SEC lawsuit if it had chosen the right law firm, according to attorney John Deaton.

8/23/2023

Ripple's Brad Garlinghouse and Chris Larsen Show New Trial Schedule

8/23/2023

Will SEC Be Able to Finish Ripple: Experts Give Their Forecast

8/24/2023

Two more US SEC attorneys withdraw from XRP lawsuit

8/27/2023

Uphold Vault: XRP Community to Get Exclusive Early Access

Uphold CEO Simon McLoughlin discusses the impact of the SEC vs. Ripple case, upcoming product launches including Uphold Vault, and plans for institutional and enterprise adoption.

8/27/2023

SEC appeal a bust? Judge's ruling will favor XRP, crypto attorney predicts

8/29/2023

XRP price could drop to $0.41, amidst developments in SEC vs. Ripple lawsuit

9/6/2023

US lawmakers are pushing Google to restructure amid monopoly concerns

9/9/2023

SEC Seeks to Appeal XRP Securities Ruling, Citing 'Knotty Legal Issues' Despite Past Crypto Clarity Claims