Victory

James

<ul class="news-points">
 <li><strong>Ripple leverages Binance ruling in ongoing SEC lawsuit.</strong></li>
 <li><strong>Court decisions affirm secondary crypto sales are not securities.</strong></li>
 <li><strong>Ripple criticizes the SEC’s regulatory approach as harmful to the industry.</strong></li>
</ul>
<p>Ripple Labs has filed a supplemental brief in its ongoing legal battle with the U.S. Securities and Exchange Commission, citing a recent court ruling in the SEC’s case against Binance.</p>
<p>This move highlights a key victory for the crypto industry, as the Binance ruling affirmed that secondary market sales of cryptocurrencies do not constitute securities, potentially strengthening Ripple’s defense in its own case.</p>
<p>XRP advocate James K. Filan alerted the XRP community to this development via an official X post.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPCommunity</a> <a href="https://twitter.com/hashtag/SECGov?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SECGov</a> v. <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ripple</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Ripple</a> has filed a Notice of Supplemental Authority regarding the recent Binance decision.<a href="https://t.co/tSEQXTxrWU" target="_blank" rel="noopener noreferrer nofollow">https://t.co/tSEQXTxrWU</a></p>— James K. Filan <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1ee-1f1ea.png" alt="🇮🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@FilanLaw) <a href="https://twitter.com/FilanLaw/status/1808211867367886945?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 2, 2024</a>
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<p>It was just the earlier week, the crypto community celebrated a <a href="https://coinedition.com/judges-smackdown-of-sec-in-binance-case-sparks-hope-for-crypto-industry/" rel="noopener noreferrer nofollow">landmark victory</a> following Judge Amy Berman Jackson’s ruling on Binance’s BNB token. Citing Judge Analisa Torres’ XRP ruling that classified secondary sales of XRP as non-securities, Judge Jackson …</p>
<p>The post <a href="https://coinedition.com/ripple-invokes-recent-court-victory-for-binance-in-ongoing-sec-case/" rel="noopener noreferrer nofollow">Ripple Invokes Recent Court Victory for Binance in Ongoing SEC Case</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple Invokes Recent Court Victory for Binance in Ongoing SEC Case

Coin Edition

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