{"id":420320,"date":"2023-07-18T17:55:16","date_gmt":"2023-07-18T17:55:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=420320"},"modified":"2023-07-18T17:55:16","modified_gmt":"2023-07-18T17:55:16","slug":"ripple-ceo-and-crypto-community-speculate-on-sec-appeal-amid-legal-confusion","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ripple-ceo-and-crypto-community-speculate-on-sec-appeal-amid-legal-confusion","title":{"rendered":"Ripple CEO and Crypto Community Speculate on SEC Appeal Amid Legal Confusion"},"content":{"rendered":"
In late 2020, the US SEC filed a lawsuit<\/a> against Ripple Labs, claiming it conducted an unregistered securities offering.<\/p>\n After a two-and-a-half-year-long legal battle, the US authorities finally made a decision regarding the case, and Ripple won a partial victory over the regulator.<\/p>\n According to the ex-federal prosecutor, Katie Haun, the SEC is likely to file an immediate appeal, which she found quite surprising.<\/p>\n Some non-legal advice musings on the Ripple decision, including two main takeaways:<\/p>\n 1\/ The Court drew a reasonable line and overall it's a good outcome for the industry. For other suits w\/ the SEC, we believe the Supreme Court’s “major questions doctrine” will play a larger…<\/p>\n — Kathryn Haun (@katie_haun) July 15, 2023<\/a><\/p><\/blockquote>\n\n