Ripple and SEC request court to cancel the disposal and advocate the regulator for $ 50 million

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Ripple und die SEC: Gerichtsbeschluss zur Aufhebung der einstweiligen Verfügung In einem bedeutenden Schritt haben Ripple Labs und die U.S. Securities and Exchange Commission (SEC) das Gericht um eine Entscheidung gebeten, die eine Aufhebung der einstweiligen Verfügung betrifft. Diese juristische Maßnahme könnte dazu führen, dass Strafen in Höhe von 50 Millionen Dollar an die Aufsichtsbehörde …
Ripple and the SEC: Court decision to announce the injunction in a significant step have Ripple Labs and the U.S. Securities and Exchange Commission (SEC) asked the court to make a decision that affects the injunction. This legal measure could lead to penalties of $ 50 million to the supervisory authority ... (Symbolbild/KNAT)

Ripple and the SEC: Court decision to announce the injunction

In a significant step, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) asked the court to make a decision that affects the injunction. This legal measure could lead to punishment in the amount of $ 50 million to the supervisory authority.

The current developments in the legal dispute between Ripple and the Sec are of great importance for the crypto industry and could have far-reaching effects on future regulatory measures. It has been discussed for years whether Ripple’s cryptocurrency, the XRP, should be classified as security or not. This question is at the center of the conflict and influences the legal classification of cryptocurrencies in general.

An outcome of the procedure could not only affect ripple, but also other companies in the crypto sector. In particular, the clarity about the regulatory requirements and the consequences of violations are traced by many actors in the industry.

The decision of the court on the abolition of the injunction and the possible fines will not only be important for Ripple, but also for the entire crypto community, which hopes for clear regulation and legal certainty. In the near future, this case could provide crucial information on how the legal framework for cryptocurrencies will develop.