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Cryptocurrencies: 29377
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Cryptocurrencies: 29377
Markets: 112918
Market Cap: $2,170,157,281,219     
24h Vol: $54,794,087,744
CryptoGlobe 2022-12-06 02:13:00

SEC ‘Failed To Carry Its Burden As to Each of the Three Howey Elements’ in $XRP Case, Ripple’s Lawyers Say

SEC ‘Failed To Carry Its Burden As to Each of the Three Howey Elements’ in $XRP Case, Ripple’s Lawyers Say
Fintech firm Ripple has said that the U.S. Securities and Exchange Commission (SEC) hasn’t been able to provide that its sales of the $XRP token were investment contracts during the regulator’s lawsuit against it. The SEC sued Ripple and two of its executives in 2020, alleging they sold unregistered securities when they issued $1.3 billion
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