Ripple v. SEC case update: November 1, 2024
Though the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) appeared over in August, the ever-tenacious regulator has continued the dispute by appealing the final ruling, particularly the elements concluding that the company’s programmatic sales of XRP do not constitute securities violations. Despite this reignition of tension, parties monitoring the conflict are now unlikely to see further developments until early 2025. Specifically, a filing from October 31 shows that the U.S. Court of Appeals for the Second Circuit has set January 15 as the deadline for the SEC’s principal brief. Picks for you Analyst reveals when to catch the next buying opportunity for Bitcoin 6 mins ago Nvidia stock...