Cardano

United

<ul class="news-points">
 <li>The SEC and Ripple have filed their briefs in the ongoing XRP lawsuit.&nbsp;</li>
 <li>The judge is expected to announce the verdict, said Jeremy Hogan.</li>
 <li>Hogan is confident that XRP will not be deemed a security.</li>
</ul>
The United States Securities and Exchange Commission (SEC) and American fintech firm Ripple have filed their respective<a href="https://coinedition.com/ripple-vs-sec-reply-brief-due-may-6-as-climax-builds/" rel="noopener noreferrer nofollow"> briefs</a> in the ongoing lawsuit filed by the former against the blockchain payments firm.&nbsp;
Jeremy Hogan, a prominent lawyer and partner at law firm Hogan &amp; Hogan,<a href="https://twitter.com/attorneyjeremy1/status/1788000422310875349" target="_blank" rel="noopener noreferrer nofollow"> stated</a> in a post on social media platform X (formerly known as Twitter), that “The Ripple v. SEC briefs are FINISHED,” while adding:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “I think the SEC went out with a whimper here. It didn’t even try to attack ODL sales, just noting that Ripple was trying to re-litigate the issue (which it is). And it brought nothing new on damages.”
</blockquote>
On the other hand, in a May 3 X post, Hogan confidently<a href="https://twitter.com/attorneyjeremy1/status/1786415171105120331" target="_blank" rel="noopener noreferrer nofollow"> stated</a> that he is certain that Ripple will “NOT be deemed a “crypto asset security unregistered” this summer.”&nbsp;
This statement was a direct response to MicroStrategy’s former CEO, Michael Saylor, who<a href="https://twitter.com/RadarHits/status/1786365099533275422" target="_blank" rel="noopener noreferrer nofollow"> said</a> that Ethereum, BNB, Solana, Ripple, and Cardano will be deemed securities this…
The post <a href="https://coinedition.com/ripple-and-sec-have-filed-their-briefs-judge-to-pass-verdict-lawyer-says/" rel="noopener noreferrer nofollow">Ripple and SEC have Filed their Briefs, Judge to Pass Verdict: Lawyer Says</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple and SEC have Filed their Briefs, Judge to Pass Verdict: Lawyer Says

Coin Edition

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