BTC $79,896.08 -0.02%
ETH $2,512.84 +0.41%
BNB $750.45 -1.73%
XRP $1.41 -0.34%
SOL $105.75 +1.29%
TRX $0.3352 +0.58%
DOGE $0.0901 -0.84%
ADA $0.2221 +0.41%
BCH $258.54 -1.82%
LINK $13.09 +7.00%
HYPE $86.91 +1.51%
AAVE $134.07 -0.91%
SUI $0.8092 +1.42%
XLM $0.1889 +1.56%
ZEC $1,188.42 +11.54%
BTC $79,896.08 -0.02%
ETH $2,512.84 +0.41%
BNB $750.45 -1.73%
XRP $1.41 -0.34%
SOL $105.75 +1.29%
TRX $0.3352 +0.58%
DOGE $0.0901 -0.84%
ADA $0.2221 +0.41%
BCH $258.54 -1.82%
LINK $13.09 +7.00%
HYPE $86.91 +1.51%
AAVE $134.07 -0.91%
SUI $0.8092 +1.42%
XLM $0.1889 +1.56%
ZEC $1,188.42 +11.54%

Ripple and SEC request the judge to make a summary judgment in the case of Ripple selling unregistered securities XRP

2022-09-19 08:33:45

According to ChainCatcher, The Block reported that Ripple and the U.S. Securities and Exchange Commission (SEC) are requesting the judge to swiftly issue a summary judgment in the case of Ripple's sale of XRP tokens, as both parties do not wish for the legal proceedings to continue to a full trial. Previously, the SEC accused Ripple of selling unregistered securities when issuing XRP tokens.

It is understood that summary judgment is a distinctive civil litigation system in common law countries, which allows judges to make substantive and binding rulings on all or part of a case without a trial. (The Block)

app_icon
ChainCatcher Building the Web3 world with innovations.