Boost

when

Status

<ul class="news-points">
 <li>Attorney Bill Morgan says Binance case ruling boosts XRP’s non-security status.</li>
 <li>Judge Jackson cited Judge Torres’ Ripple case decision when dismissing parts of the SEC’s case against Binance.</li>
 <li>Morgan highlights that the ruling aligns with Judge Torres’ interpretation of the Howey test.</li>
</ul>
Legal expert Bill Morgan, known for his pro-XRP stance, has suggested that <a href="https://coinedition.com/sec-suffers-setback-as-judge-rules-binances-bnb-secondary-sales-not-securities/" target="_blank" rel="noopener noreferrer nofollow">the recent ruling by District Judge Amy Berman Jackson</a> in the Binance case strengthens the argument that XRP is not a security. Judge Jackson cited Judge Analisa Torres’ ruling in the Ripple case when dismissing parts of the SEC’s case against Binance.
In her Friday <a href="https://storage.courtlistener.com/recap/gov.uscourts.dcd.256060/gov.uscourts.dcd.256060.248.0_1.pdf" target="_blank" rel="noopener noreferrer nofollow">ruling</a>, Judge Jackson dismissed the SEC’s claim that secondary market sales of Binance’s BNB token constitute securities. The ruling emphasized the need to distinguish between digital coins themselves and the offers to sell them.&nbsp;
Supporting this view, Judge Jackson referenced several district court cases involving SEC enforcement actions on cryptocurrencies, where courts differentiated between the alleged investment contracts and the tokens.
One of the references was Judg…
The post <a href="https://coinedition.com/pro-xrp-lawyer-sees-binance-ruling-as-boost-for-xrp-non-security-status/" rel="noopener noreferrer nofollow">Pro-XRP Lawyer Sees Binance Ruling as Boost for XRP Non-Security Status</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Pro-XRP Lawyer Sees Binance Ruling as Boost for XRP Non-Security Status

Coin Edition

Andere artikelen gepubliceerd op 30 jun 2024

6 Best Altcoins to Invest in Now June 30 – Nexus, GateToken, BNB, Dogwifhat, MAGA

Band Protocol Price Prediction for Today, June 30 – BAND Technical Analysis

Bitcoin Miners Diversify Amid Rising Costs

Crypto ATMs Installed Globally Surge 17.8%, Closing in on Record High

Crypto ATMs Installations Rise In 2024, Adding 2,564 New Machines Globally

Floki and TokenFi: 2024 Strategic Growth in Utility, Tokenization, and Global Reach

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!