Legal expert accuses SEC of misleading in Ripple case. Ripple files sur-reply to correct alleged mischaracterizations. XRP market reflects ongoing uncertainty with a 0.74% daily decline, contributing to a 9.63% loss in the week and an 18.04% drop in the month.
Huang BoSEC lawyers previewed a likely appeal to overturn portions of last week’s Ripple Labs in a separate enforcement case against TerraUSD and Luna creators Do Kwon and Terraform Labs.
TheBlockLegal expert John Deaton explains what's going on.
Finboldlegal experts expect that the matter may be resolved by the end of this quarter
Finbold
Coinlive Although there is no set date ruling for the high-profile case between blockchain firm Ripple and the SEC, the matter is witnessing increasing attention from interested parties.
FinboldCurrently, the community is awaiting the ruling date, with both parties having made final submissions.
FinboldThe crypto community is still awaiting the ruling in the Ripple and Securities Exchange Commission (SEC) case.
Finbold“After reasonable inquiry, the information known and currently available is not sufficient to enable the Commission to admit or deny this request,” the SEC stated in court documents.
CointelegraphNewly discovered documents suggest a possible conflict of interest from a former SEC official when he made a speech about Ethereum which some claim could jeopardize the SEC’s case against Ripple.
Cointelegraph