News Formal

Ripple's Secondary Sales of XRP Not an Investment Contract: Judge Rules Following Over 3-Year Long Legal Battle

  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

XRP's rice continues to soar after judge ruled in favor of Ripple in the SEC case! $XRP is 75% up within the last couple of hours! Read more about the legal battle here -

XRP is booming after Judge Analisa Torres’s ruling on Thursday that most sales of the Ripple-issued cryptocurrency do not constitute securities transactions.

According to Torres, institutional sales satisfied every prong of the Howey Test, meaning there was 1) an investment of money; 2) in a common enterprise; 3) with an expectation of profits; 4) based on the efforts of others.“The nature of the Institutional Sales also supports the conclusion that Ripple sold XRP as an investment rather than for consumptive use,” the judge wrote.

Furthermore, payouts to employees using XRP were not investment contracts because they did not involve an investment of money to begin with.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 568. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment ContractsRipple’s XRP token surges 28% after the District Court for the Southern District of New York rules XRP sales aren’t investment contracts. reporting
ソース: CoinDesk - 🏆 291. / 63 続きを読む »

Sale of XRP on Exchanges Not Investment Contracts, Court Rules in SEC Case Against RippleBREAKING: A New York court has judged Ripple's sale of XRP on exchanges did not constitute investment contracts in order partially granting a motion for summary judgment in SECGov case. iamsandali reports
ソース: CoinDesk - 🏆 291. / 63 続きを読む »

Ripple v. SEC: XRP Dominates Crypto Market With Soaring Value as Verdict LoomsAnticipation of imminent ruling in SEC v. Ripple legal battle puts XRP up top by volume xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
ソース: Utoday_en - 🏆 295. / 63 続きを読む »