Moon

Coin

<ul class="news-points"> 
 <li><strong>Bill Morgan questions the SEC’s claim that XRP investors suffered financial harm.</strong></li> 
 <li><strong>Equitable remedy meant to compensate victims, not give the SEC a windfall.</strong></li> 
 <li><strong>The SEC could suffer another defeat against Ripple in the remedies stage.</strong></li> 
</ul> 
<p>Renowned US Attorney Bill Morgan has raised questions regarding what evidence the <a href="https://coinedition.com/tag/sec/">SEC</a> has before Judge Analisa Torres to support its claim that XRP institutional investors suffered financial harm. According to Morgan, that is the equitable remedy meant to compensate victims, not give the SEC or the government a windfall.</p> 
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   <p lang="en" dir="ltr">SEC v Gorvil involved fraud. This passage is clear. The equitable remedy is discretionary and meant to compensate victims not give the SEC/Govt a windfall. What evidence before Torres, expert or otherwise, will show actual financial harm to institutional investors. /1 <a href="https://t.co/vN77P5bKdu" target="_blank" rel="nofollow">https://t.co/vN77P5bKdu</a> <a href="https://t.co/O1b4V7ua7s" target="_blank" rel="nofollow">pic.twitter.com/O1b4V7ua7s</a></p>— bill morgan (@Belisarius2020) <a href="https://twitter.com/Belisarius2020/status/1720618347979546969?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 4, 2023</a>
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<p>Morgan’s statement in support of comments by Moon Lambo, an XRP YouTuber, who posted that no XRP holders were harmed by Ripple despite the SEC’s argument. Lambo implied that this could mean another loss for the SEC, following comments by Ripple…</p>
<p>The post <a href="https://coinedition.com/the-sec-could-suffer-loss-defeat-against-ripple-in-remedies-stage/">The SEC Could Suffer Loss Defeat Against Ripple in Remedies Stage</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

The SEC Could Suffer Loss Defeat Against Ripple in Remedies Stage

Coin Edition

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