It's starting to get tiring all this just to end up where we already know.
Still hodl "never give up" "sit and wait".
Basheer_Algundubi
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⚖️ A ripple in the eyes of justice once again!
$XRP
The legal battle between #Ripple and the Securities and Exchange Commission continues. Judge Analisa Torres today (26) denied the parties' joint request to close the case early. The result: the $125 million fine remains in effect, and the court order is still active. 🚫💸
🔍 The process started in 2020 when the U.S. Securities and Exchange Commission (SEC) accused Ripple of selling #XRP as unregistered securities, which violates securities laws, according to the agency.
Even with partial victories along the way, justice is now clear. Private agreements do not override public rulings. In other words, it is not possible to evade the final judgment simply because the parties agree.
📌 Judge's ruling:
"The parties cannot simply agree that the final court decision will have no effect on them."
⏳ This decision prolongs the process and reignites the debate on how the U.S. system will classify cryptocurrency assets in the future. It is a case with direct implications for the sector and could shape the direction of cryptocurrency regulation in the coming years.
Are you following this process? Do you think this could have implications for the cryptocurrency world?
Leave your opinion in the comments 👇
#NODEBinanceTGE #USCorePCEMay
#RippleCEO
$XRP
The legal battle between #Ripple and the Securities and Exchange Commission continues. Judge Analisa Torres today (26) denied the parties' joint request to close the case early. The result: the $125 million fine remains in effect, and the court order is still active. 🚫💸
🔍 The process started in 2020 when the U.S. Securities and Exchange Commission (SEC) accused Ripple of selling #XRP as unregistered securities, which violates securities laws, according to the agency.
Even with partial victories along the way, justice is now clear. Private agreements do not override public rulings. In other words, it is not possible to evade the final judgment simply because the parties agree.
📌 Judge's ruling:
"The parties cannot simply agree that the final court decision will have no effect on them."
⏳ This decision prolongs the process and reignites the debate on how the U.S. system will classify cryptocurrency assets in the future. It is a case with direct implications for the sector and could shape the direction of cryptocurrency regulation in the coming years.
Are you following this process? Do you think this could have implications for the cryptocurrency world?
Leave your opinion in the comments 👇
#NODEBinanceTGE #USCorePCEMay
#RippleCEO
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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