🚨 XRP VS SEC CASE IS OVER… WHAT THIS MEANS FOR ALL XRP HOLDER!! ✅

2023/05/02 に公開
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🚨 Ripple Vs SEC lawsuit is gradually coming to an end. 
In this video I will be reviewing with you some important dates so far in the Ripple Vs the SEC lawsuit and some dates to look out for in the future. Stick with me till the end to find out more. 🔥

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👇 What are we going to talk about in today's XRP video?

⏰ CHAPTERS:

0:00 Ripple News today.
0:53 XRP vs SEC case update.
3:50 The Ripple vs SEC lawsuit: Filing ends.
6:03 Both the SEC and Ripple Labs filed summary judgment motions with the judge in the case.
11:22 Ripple Vs Zakinov: Crucial Class Action Hearing.
14:34 Now to An Update on XRP’s rally So Far.
16:17 Conclusions.
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👇 Give me more information about today's video👇

The Ripple Vs the SEC lawsuit is gradually coming to an end. 
In this video I will be reviewing with you some important dates so far in the Ripple Vs the SEC lawsuit and some dates to look out for in the future. Stick with me till the end to find out more. 
If this sounds like something of much interest to you, be sure to check out this new video starting now.  

The long-running court case between Ripple Labs and the US Securities and Exchange Commission (SEC), which could set a precedent for the whole cryptocurrency industry, could come to an end after the Ripple vs SEC lawsuit entered its third calendar year.
In late March, the price of Ripple's XRP surged by around 30% owing to reports that the case would soon be coming to a close. 

Lawyers for Ripple argued that a judge's ruling against the SEC in a court case involving the Binance  crypto exchange, where the SEC argued unsuccessfully that Binance was an unregistered securities exchange, could have a positive impact in the ongoing hearing.
On 18th April, SEC Chair Gary Gensler refused to say whether or not XRP was a security. 

On 20th March, lawyer John Deaton said he expected controversial comments by former SEC director Bill Hinman, seemingly suggesting that cryptocurrencies were not securities, would be made public because they also had an impact on other legal cases.
On 20th February 2023, Ripple's Chief Legal Officer, Stuart Alderoty, said that he expected his company would, ultimately, be successful against the SEC's claim that its XRP cryptocurrency was a security.

He tweeted: "The SEC has lost 4 of its last 5 cases in the Supreme Court, thanks to the few that had the courage and resources to fight back against the SEC’s bullying and clinging to stretch legal positions that were not faithful to the law."
Alderoty's comments come not that long after bosses at the tech firm expressed their confidence that the case, which is currently before Judge Analisa Torres of the United States Southern District Court of New York, would be decided relatively soon. 

On 18th January, Ripple CEO Brad Garlinghouse told CNBC:  "We’re optimistic that this will certainly be resolved in 2023, and maybe in the first half. So we’ll see how it plays out from here, But I feel very good about where we are relative to the law and the facts."
Adding that he expected the final ruling in the Ripple lawsuit to be handed out "in the single digit months," Garlinghouse said: "We have always said that we would love to settle, but it requires one very important thing, and that is that, on a go-forward basis, it’s clear that XRP is not a security".

"The SEC and Gary Gensler have very outwardly said he views almost all crypto as a security. And so that leaves very little space in the Venn diagram for settlement."
Garlinghouse's comments came as final motions in the XRP lawsuit were put to the court, with the final ruling expected at some point this year. Until then, the Ripple lawsuit outcome is up in the air. 

There was speculation in December 2022 on Twitter that the case, which hangs on whether Ripple’s XRP token is an unlicensed security, could have been settled that month after an ask-me-anything with Cardano’s Charles Hoskinson. 
He said he had heard rumours XRP vs SEC could be finalised around 15th December.