Ripple continues its legal battle with the SEC, and recent developments suggest the company believes the Securities and Exchange Commission is adopting an overly aggressive strategy. In a new letter, Ripple's legal team accuses the SEC of taking an extreme position, specifically regarding expert reports. This accusation comes as the case unfolds, highlighting the ongoing tensions between the crypto company and regulators.
Hace 3 días Ripple is back in the regulatory spotlightand this time, it might work in its favor. Just as optimism around an XRP ETF gains traction, Ripple’s legal team has submitted a new argument. The core of Ripple's argument centers on the nature of crypto assets. Hace 3 días Ripple Urges Clarity: “Crypto Assets Aren’t Securities by Default”. When it comes to secondary market trading, Ripple backs the idea that the majority of fungible cryptocurrency assets should not automatically be classified as securities.
The defendants in the Ripple case have accused the U.S. Securities and Exchange Commission of taking an extreme stance on expert reports. In a recent letter filed with the court, Ripple argues that the SEC's interpretation could have far-reaching and potentially damaging consequences for the broader cryptocurrency market.
This legal challenge underscores Ripple's consistent defense against the SEC's claims that XRP constitutes an unregistered security. The outcome of this particular dispute over expert reports, and the overall case, could set a significant precedent for how cryptocurrencies are regulated in the United States.