Court rejects Joint Request by SEC and Ripple as inadmissible to approve a comparison - the legal dispute remains pending.

Veröffentlicht:

Von:

Gericht entscheidet gegen Einigung im Rechtsstreit zwischen SEC und Ripple Ein aktuelles Urteil eines Gerichts besagt, dass der gemeinsame Antrag der US-amerikanischen Securities and Exchange Commission (SEC) und Ripple, eine Einigung über den laufenden Rechtsstreit zu genehmigen, als "unzulässig" erachtet wird. Diese Entscheidung führt dazu, dass der rechtliche Streit zwischen den beiden Parteien weiterhin anhängig …
Court decides against the agreement in the legal dispute between the Sec and Ripple, a current judgment of a court states that the joint application by the US Securities and Exchange Commission (Sec) and Ripple to approve an agreement on the ongoing legal dispute is considered "inadmissible". This decision means that the legal dispute between the two parties continues to pending ... (Symbolbild/KNAT)

court decides against agreement in the legal dispute between the sec and ripple

A current judgment of a court states that the joint application by the US Securities and Exchange Commission (SEC) and Ripple to approved an agreement on the ongoing legal dispute is considered "inadmissible". This decision means that the legal dispute between the two parties remains pending.

The SEC has accused Ripple that the company sold unregistered securities, which would violate American securities law. Ripple, on the other hand, denies this allegations and argues that the sale of her cryptocurrency XRP does not fall under the definition of a securities.

With the current court order, the outcome of the legal dispute remains uncertain, and it is not clear what effects this will have on the market for cryptocurrencies or the legal landscape in relation to digital assets. Interested observers will continue to follow the developments, as they could have both legal and financial consequences for Ripple and the entire industry.

The decision illustrates the ongoing challenges that companies stand in the cryptocurrency sector, especially when it comes to regulatory clarity and compliance with existing laws.