SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’ By Cointelegraph
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© Reuters.
The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Labs lawsuit that deemed that XRP was not a security when sold to retail investors.
The agency argued that there are “knotty legal problems” surrounding the court’s application of the law — specifically the Howey Test — that warrant a review.
Continue Reading on Coin Telegraph
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© Reuters.
The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Labs lawsuit that deemed that XRP was not a security when sold to retail investors.
The agency argued that there are “knotty legal problems” surrounding the court’s application of the law — specifically the Howey Test — that warrant a review.
Continue Reading on Coin Telegraph
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