Ripple vs. SEC: Hinman speech documents finally released to the public

Ripple vs. SEC: Hinman speech documents finally released to the public
фото показано с : invezz.com

2023-6-14 16:22

The documents tied to the former director of the US Securities and Exchange Commission (SEC)’s Division of Corporation Finance from 2017 to 2020, William Hinman, were released to the public after Ripple requested the court to have them released.

In a speech made in 2018, Hinman suggested that according to him, bitcoin (BTC) and Ethereum’s ether (ETH) were not securities. One of Hinman’s email read:

“We do not need to see a need to regulate Ether, as it is currently offered, as a security.”

RXP price jumps 7.4%

The price of XRP jumped 7.4% following the release of the documents. The price had, however, retraced to $0.5374 at press time, but was still in the green.

XRP price chart. Source: Coinmarketcap

Although the price surge resonates with the nominal gains in the broader crypto market, XRP traders are betting bet on a favourable outcome for Ripple Labs in its ongoing Ripple vs. SEC lawsuit.

According to Ripple Labs, Hinman’s comments when he was at the helm of the SEC leadership indicate that XRP should not be viewed as a security, which could favour the payments company.

The SEC filed a lawsuit against Ripple in 2020 over claims that the company sold unregistered securities. Since its inception, Ripple has kept a distance between the XRP Ledger network and the token that powers some of its products, or XRP.

The post Ripple vs. SEC: Hinman speech documents finally released to the public appeared first on Invezz.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bit Public Talent Network (BPTN) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 BPTN

released ripple public hinman sec documents 2020

Источник: invezz.com

released ripple → Результатов: 126


Фото:

Coinbase, Ripple, and Robinhood Lead $9.5 Million Crypto Lobbying Efforts In The US

Crypto Lobbying Jumped 116% in 2021. Coinbase, Ripple and Robinhood account for 60% of all lobbying efforts. Lobbying expenditure is expected to reach $15 million by 2023. A recently released report by digital assets-focused website Crypto Head, and US top finance accountability NGO, Open Secrets, has revealed that the top crypto companies in America spent […]

2022-2-15 23:23


Фото:

New Investigation Reveals SEC vs. Ripple Case Has More To It Than Just XRP

Fox Business released their investigative report on the Ripple vs SEC lawsuit. The report which details the entire case so far finds the SEC’s move against Ripple to still be dubious.  As promised by the leading news channel, Fox Business, the media outlet has now released its investigative report on the lawsuit between the U.S. Securities […]

2021-11-26 23:16


Фото:

Blockchain and Crypto to experience accelerated growth in 2021 – Ripple

Despite being on a sticky wicket in the wake of an SEC lawsuit, Ripple’s leadership is confident in the future of blockchain and crypto. According to an article released on the company’s website, RippleNet General Manager, Asheesh Birla says that cryptocurrencies are finally bridging the gap with traditional financial institutions, allowing fintech companies to seize […]

2021-1-22 10:44


The XRP Ledger May Allow Third-Party Asset-Backed Tokens In the Future: Ripple CTO

According to Ripple’s head of tech, David Schwartz, the firm is creating a new feature which will let clients mint new asset backed tokens on its XRP ledger. Ripple released a press statement explaining that its tech engineers are developing exciting fresh features which will lead to the broadening of the ledger’s functionalities which will […]

2020-2-29 22:04


Фото:

3 Reasons Why XRP is Climbing Right Now

Ripple’s XRP is booming at the start of the new year, suddenly spiking by 8% on January 6. In the past few days, the coin started showing signs of a revival, and has now returned to $0. 21. Futures Market Announcement Boosts Price Performance XRP has been pressured by its protracted slide, and has fallen almost every time the Ripple escrow account released new coins.

2020-1-7 16:15


Фото:

Ripple CEO Predicts Market Migration Toward ‘Quality Cryptocurrencies’

A recent episode of The Ripple Drop saw executives give their predictions on the state of the crypto world in 2020 and beyond. Ripple Team Looks to the Future Ripple has recently released a special holiday episode of ‘The Ripple Drop’, which looks back on the things that impacted the crypto and blockchain industry over the course of the last ten years.

2019-12-27 14:39


Ripple Dumped $250 Million in XRP in Q2 – And 40% Went to Whales

  Ripple Labs released its quarterly report this morning. The report focuses on finding legitimate trading volume data and Ripple’s strategy for dumping its XRP hoard moving forward. Ripple Vows to Drastically Reduce Income from Selling XRP on Open Market In this nascent industry, we need to be transparent and urge others to do the […] The post Ripple Dumped $250 Million in XRP in Q2 – And 40% Went to Whales appeared first on CCN Markets

2019-7-25 21:08


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru