Coin

<ul class="news-points"> 
 <li>Pro-XRP lawyer says there is no certainty that the earlier decision of Judge Torres wouldn’t be overruled.</li> 
 <li>In the recent appeal, the SEC claims that the programmatic sale of XRP qualifies as a security.</li> 
 <li>Ripple Labs has till September 1 to respond to the SEC appeal filing.</li> 
</ul> 
Pro-XRP lawyer Bill Morgan says there is no certainty what the outcome of the U.S Securities and Exchange Commission appeal against Judge Torres’s Ruling in the Ripple Case will be. In a <a href="https://twitter.com/Belisarius2020/status/1693739406593855702" target="_blank" rel="noopener noreferrer nofollow">post</a> on X, the attorney stated that if the earlier decision of Judge Torres is overruled, then she might have to decide whether the programmatic sale of XRP is a security. 
The SEC vs Ripple case, which started over 2 years ago, culminated in a partial victory for Ripple last month. The initial victory, which saw Judge Torres rule that XRP was not a security, was celebrated as a landmark victory in the crypto community. However, Ripple Labs is about to see the commencement of another legal tussle with the SEC’s latest appeal, as revealed by a recent filing. The news has since stirred up mixed reactions within the XRP community regarding the chance of another victory. 
In her <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/" rel="noopener noreferrer nofollow">initial decision</a>, Judge Torr… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/secs-case-against-ripple-what-are-the-chances-of-success/">SEC’s Case Against Ripple: What Are the Chances of Success?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

SEC’s Case Against Ripple: What Are the Chances of Success?

Coin Edition

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