The judge and reaction of the industry: Ripple is partly in court, but important questions remain open

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Von: Krypto News Österreich

Urteil des Richters und Reaktion der Branche Letzte Woche hat Richterin Analisa Torres ein teilweise zusammenfassendes Urteil in Bezug auf den institutionellen Verkauf von XRP-Tokens gefällt. Sie stellte sich teilweise auf die Seite der SEC und teilweise auf die Seite von Ripple in Bezug auf programmatische Verkäufe. Obwohl der Fall immer noch vor Gericht verhandelt wird, betrachten Branchenexperten die Entscheidung größtenteils als einen großen Triumph für Ripple und andere Token-Emittenten. Ein angesehener Jurist, den andere Richter überzeugend finden werden, so Schultz. Wichtige Fragen, die auf dem Spiel stehen In dem laufenden Prozess müssen noch einige wichtige Fragen geklärt werden. Dazu …
Judge Analisa Torres judged the judge and reaction of the industry last week made a partially summary judgment on the institutional sale of XRP tokens. It parted partly on the side of the SEC and partly on the side of Ripple in terms of programmatic sales. Although the case is still being negotiated in court, industry experts consider the decision largely as a great triumph for Ripple and other token issuers. A respected lawyer that other judges will find convincingly, says Schultz. Important questions that are at stake in the ongoing process still have to be resolved some important questions. In addition … (Symbolbild/KNAT)

judgment of the judge and reaction of the industry

Last week, judge Analisa Torres made a partially summary judgment on the institutional sale of XRP tokens. It parted partly on the side of the SEC and partly on the side of Ripple in terms of programmatic sales. Although the case is still being negotiated in court, industry experts consider the decision largely as a great triumph for Ripple and other token issuers. A respected lawyer that other judges will find convincingly, says Schultz.

important questions that are at stake

In the current process, some important questions still have to be clarified. This also includes the question of the punishment that Ripple may have to pay for his former institutional sales. The SEC could make an appeal against the partial judgment, but the claim of judge Torres complicates that programmatic sales are not securities, other accusations in the case, says Schultz. In its first complaint, the SEC accused the Ripple founder and former CEO Christian Larsen as well as the former Chief Operating Officer and current CEO Brad Garlinghouse for violations of securities laws. Apart from that, the SEC has lost against Ripple and the managers, explains Schultz.

Sources:
- Judge Analisa Torres
- sec
- ripple
- Industry experts
- Schultz, lawyer