Prosper

Coin

<ul class="news-points">
 <li><strong>Crypto influencer sheds light on Judge Torres’ perspective regarding the SEC’s argument in the XRP case.</strong></li>
 <li><strong>The SEC’s attempt to compare the XRP case to Terraform and LBRY faced scrutiny from the court.</strong></li>
 <li><strong>The court rejected the SEC’s motion for an interlocutory appeal in its case against Ripple.</strong></li>
</ul>
<p>Crypto influencer Ashley Prosper highlighted Judge Torres’ opinion of the U.S. Securities and Exchange Commission’s (SEC) argument, which was that there is substantial ground for a difference of opinion. The SEC compared the XRP case to Terraform and LBRY, but the court proved otherwise.</p>
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   <p lang="en" dir="ltr"><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/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPCommunity</a> <br>Judge Torres shreds the SEC argument that there is substantial ground for a difference of opinion. <br>No, it's not like the Terraform case, and No it's not like the LBRY case. The Ripple case and XRP are legally unique.<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/ferT5G8IDJ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ferT5G8IDJ</a></p>— Ashley PROSPER (@AshleyPROSPER1) <a href="https://twitter.com/AshleyPROSPER1/status/1709350366515474460?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 3, 2023</a>
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<p>The SEC filed charges against Terraform and its CEO for offering and selling unregistered securities transactions. However, Judge Torres previously ruled that the programmatic sale of XRP wasn’t a violation of securities law.</p>
<p>In the SEC’s appeal to the judge’s ruling, they c…</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/sec-vs-xrp-judge-torres-rejects-comparison-to-terraform-and-lbry/">SEC vs XRP: Judge Torres Rejects Comparison to Terraform and LBRY</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

SEC vs XRP: Judge Torres Rejects Comparison to Terraform and LBRY

Coin Edition

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