SEC Con May Consider Appeal in Ripple Labs Case Against XRP

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United Arab Emirates MetaNews
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Published on ● Video Link: https://www.youtube.com/watch?v=Y_BDTNHx5yo


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For more information go to https://metanews.com/sec-contemplates-xrp-verdict-appeal-in-ripple-labs-case/
The U.S. Securities and Exchange Commission (SEC) is hinting at a possible appeal following a recent court verdict favoring XRP in the Ripple Labs lawsuit. The SEC believes that the decision contradicts established securities laws principles and challenges the traditional Howey Test used to classify investment contracts.

0:00 Intro
0:05 SEC
0:23 Not a Standalone Statement
0:33 Gary Gensler
1:07 Outro

In court documents, the SEC indicated that it is "evaluating various avenues for further examination," suggesting that it may challenge the ruling in the Ripple Labs lawsuit. The SEC's concerns were raised in response to a motion to dismiss Terraform Labs and its founder, Do Kwon, in a separate case involving alleged multi-billion-dollar crypto asset securities fraud. #SEC #XRP #cryptocurrency #lawsuit #HoweyTest #regulations #cryptoassets #investments #appeal #securitieslaws #cryptoindustry #financialregulation #cryptoanalysis #AI #NationalPressClub



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