Court Files Ripple’s Jury Trial: Crypto Attorney Assures XRP’s Status
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- CryptoLaw reiterated that the jury trial for Ripple would not shatter Judge Torres’ ruling.
- Judge Torres previously ruled that XRP’s programmatic sale to retail customers does not violate securities law.
- John Deaton firmly believes that the overall existence of Ripple would not be affected by the trial.
CryptoLaw, the crypto regulatory news platform, run by the XRP pro attorney John E Deaton, recently shared a Twitter post, commenting on the jury trial scheduled by the court to oversee the long-held SEC-Ripple legal war.
The Securities and Exchange Commission (SEC) filed a lawsuit against the crypto platform Ripple Labs in 2020, alleging that the company had raised funds through the sale of unregistered securities since 2013. Later, in a court ruling by Judge Analisa Torres, Ripple Labs partially won as the judge concluded that the programmatic sale of Ripple’s XRP tokens to retail investors through exchanges does not violate federal se…
The post Court Files Ripple’s Jury Trial: Crypto Attorney Assures XRP’s Status appeared first on Coin Edition.
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