Coin

<ul class="news-points">
 <li>While denying SEC’s appeal bid, Judge Torres ruled her previous judgment on XRP cannot be cited as precedent.</li>
 <li>Former SEC Chief analyzes Ripple’s victory, noting its implication for the broader crypto verse.</li>
 <li>The Ex-SEC Chief says lawyers citing XRP’s victory decision risk ethical charges.</li>
</ul>
John Reed Stark, the former Chief of the SEC Office of Internet Enforcement, has taken to the X platform to share his discernment on <a href="https://coinedition.com/ripple-case-takes-another-turn-as-judge-denies-sec-appeal-says-deaton/" rel="noopener noreferrer nofollow">Ripple’s recent victory</a> against the U.S. regulator. The lawyer noted that Judge Torres’ decision to deny the SEC’s request for an interlocutory appeal carries significant implications for Ripple and the broader crypto community.&nbsp;
In particular, Stark highlighted that while denying the SEC’s appeal bid, the judge ruled that her <a href="https://coinedition.com/ripple-ceo-brad-garlinghouse-is-overwhelmed-by-landmark-xrp-victory/" rel="noopener noreferrer nofollow">previous victory</a> judgment on XRP’s non-security status cannot be cited as precedent unless the facts of a new case align precisely with those of the Ripple case.
Stark believes that this outcome, while possibly seen as a partial victory for Ripple, may be short-lived.&nbsp;
“While this could be a pyrrhic victory at best for the XRP team… Judge To…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-ruling-cannot-be-cited-as-precedent-for-other-crypto-cases-judge/">XRP Ruling Cannot Be Cited as Precedent for Other Crypto Cases: Judge</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Ruling Cannot Be Cited as Precedent for Other Crypto Cases: Judge

Coin Edition

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