<p><strong>Blockchain company Ripple has achieved a significant, albeit partial, victory in its lengthy legal battle against the United States Securities and Exchange Commission (SEC).</strong></p><p>However, the company’s challenges are not yet resolved, as the federal judge overseeing the case against Terraform Labs has rejected the previously set precedent.</p><h3 id=""></h3><h3 id="ripple-ceo-criticizes-sec-s-use-of-xrp-reports-in-lawsuit">Ripple CEO Criticizes SEC’s Use of XRP Reports in Lawsuit</h3><p>District <a href="https://cryptosheadlines.com/sec-denied-request-to-seal-documents-related-to-hinmans-ether-speech-judge-rules-in-ripple-case/" rel="noopener noreferrer nofollow">Judge Jed Rakoff of the Southern District of New York (SDNY) has raised doubts about Judge Analisa Torres’ ruling</a> that deemed some XRP sales as non-security offers. <a href="https://cryptosheadlines.com/ripple-ceo-garlinghouse-sec-battle-to-cost-firm-200m/" rel="noopener noreferrer nofollow">Ripple’s CEO</a>, Brad Garlinghouse, has now attacked the SEC’s utilization of XRP reports in the ongoing lawsuit.</p><p>Following the release of the XRP Markets Report for the second quarter of 2023, which included details about Ripple’s XRP holdings, Garlinghouse stated that his team had voluntarily published these reports. However, he expressed frustration as the <a href="https://cryptosheadlines.com/ripples-legal-chief-secs-gensler-faces-a-different-problem/" rel="noopener noreferrer nofollow">SEC used the same reports against Ripple in the legal</a> proceedings. Garlinghouse voiced his concerns on August 2.<a href="https://cryptosheadlines.com/ripple-v-sec-case-3-august-2023-update/" rel="noopener noreferrer nofollow"> Read More...</a></p><p><strong>Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a></strong></p>

Ripple v. SEC Case: 3 August 2023 Update

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