Ripple Alpha

Key Points:<ul><li>Ripple’s consecutive victories in SEC legal battles.</li><li>The dismissal of charges against Ripple executives.</li><li>Stuart Alderoty’s optimistic 2024 predictions for Ripple and the wider crypto industry.</li></ul><a href="https://twitter.com/Ripple/status/1735724960654753988" rel="noopener noreferrer nofollow">Ripple</a> has emerged victorious in a series of legal battles against the U.S. Securities and Exchange Commission (SEC). The culmination of these victories came on July 13, 2023, with a landmark judgment stating that XRP is not a security as a matter of law. Following this, on October 3, the SEC’s request for an interlocutory appeal was denied, reinforcing Ripple’s position.The most surprising twist in the legal saga unfolded on October 19, as the SEC dismissed all remaining charges against <a href="https://cryptosnewss.com/xrp-price-speculation-soars-amidst-ripple-ceos-astrology-inspired-tattoo/" rel="noopener noreferrer nofollow">Ripple’s CEO,</a> Brad Garlinghouse, and Executive Chairman, Chris Larsen. Notably, the dismissal was “with prejudice,” signifying an irreversible decision that prevents the SEC from resurrecting these allegations in the future. No settlements were made, bringing an abrupt end to the looming trial against Ripple executives.As the legal battle transitions into the remedies stage, the court is now tasked with deciding the appropriate actions in light of its judgment regarding certain institutional sales being deemed as sales of securities.While 2023 marked a significant year for Ripple’s legal victories, the company is optimistic about its future in 2024. Ripple’s Chief Legal Officer, Stuart Alderoty, boldly forecasts the conclusion of the SEC’s contentious lawsuit against Ripple by the end of 2024. Furthermore, Alderoty anticipates that post-Ripple lawsuit, the SEC will persist in its regulatory endeavors, continuing to enforce regulations against other industry leaders._______________________________________________________________________________________Stay connected with us on <a href="https://news.google.com/publications/CAAqBwgKMLrrowwwzOOyBA" rel="noopener noreferrer nofollow">Google News</a>, <a href="https://t.me/cryptosnewsss" rel="noopener noreferrer nofollow">Telegram</a>, <a href="https://twitter.com/NewssCryptos" rel="noopener noreferrer nofollow">Twitter</a>, and <a href="https://www.facebook.com/profile.php?id&#61;100089949049302" rel="noopener noreferrer nofollow">Facebook</a> to stay updated on the latest developments and engaging discussions in the realm of CryptosNewss.Disclaimer: Please note that the viewpoints and perspectives expressed by the author, as well as any individuals referenced in this article, are intended solely for informational purposes. They should not be construed as financial or investment advice. It’s important to acknowledge that investing in or trading cryptoassets carries inherent financial risks.Originally published at <a href="https://cryptosnewss.com/ripples-triumph-unveils-optimistic-2024-prospects-post-sec-legal-battle/" rel="noopener noreferrer nofollow">https://cryptosnewss.com</a><a href="https://cryptosnewss.com/shiba-inu-sets-crypto-ablaze-shibarium-burn-consumes-8-24-billion-shib-tokens/" rel="noopener noreferrer nofollow"> </a>on December 18, 2023.

Ripple’s Triumph Unveils Optimistic 2024 Prospects Post SEC Legal Battle

Cryptos Newss

Other articles published on Dec 18, 2023

Ripple Can Shoot Up By 1,500% If XRP Breaches This Level: Analyst

Bank of England has a plan for interest rate cuts

Bitwise drops commercial for its spot Bitcoin ETF

Athur Hayes Predicts Bonk Flipping Shiba Inu; Shibarium Burns Another 8 Bln SHIB

Revolut Suspends Crypto Services for UK Business Clients Due to New FCA Rules

Is XRP spot ETF the next big move for Wall Street?

Join our free newsletter for daily crypto updates!