Victory

James

<ul class="news-points">
 <li><strong>Ripple leverages Binance ruling in ongoing SEC lawsuit.</strong></li>
 <li><strong>Court decisions affirm secondary crypto sales are not securities.</strong></li>
 <li><strong>Ripple criticizes the SEC’s regulatory approach as harmful to the industry.</strong></li>
</ul>
<p>Ripple Labs has filed a supplemental brief in its ongoing legal battle with the U.S. Securities and Exchange Commission, citing a recent court ruling in the SEC’s case against Binance.</p>
<p>This move highlights a key victory for the crypto industry, as the Binance ruling affirmed that secondary market sales of cryptocurrencies do not constitute securities, potentially strengthening Ripple’s defense in its own case.</p>
<p>XRP advocate James K. Filan alerted the XRP community to this development via an official X post.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRPCommunity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPCommunity</a> <a href="https://twitter.com/hashtag/SECGov?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#SECGov</a> v. <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ripple</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Ripple</a> has filed a Notice of Supplemental Authority regarding the recent Binance decision.<a href="https://t.co/tSEQXTxrWU" target="_blank" rel="noopener noreferrer nofollow">https://t.co/tSEQXTxrWU</a></p>— James K. Filan <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1ee-1f1ea.png" alt="🇮🇪" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@FilanLaw) <a href="https://twitter.com/FilanLaw/status/1808211867367886945?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 2, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>It was just the earlier week, the crypto community celebrated a <a href="https://coinedition.com/judges-smackdown-of-sec-in-binance-case-sparks-hope-for-crypto-industry/" rel="noopener noreferrer nofollow">landmark victory</a> following Judge Amy Berman Jackson’s ruling on Binance’s BNB token. Citing Judge Analisa Torres’ XRP ruling that classified secondary sales of XRP as non-securities, Judge Jackson …</p>
<p>The post <a href="https://coinedition.com/ripple-invokes-recent-court-victory-for-binance-in-ongoing-sec-case/" rel="noopener noreferrer nofollow">Ripple Invokes Recent Court Victory for Binance in Ongoing SEC Case</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Ripple Invokes Recent Court Victory for Binance in Ongoing SEC Case

Coin Edition

Other articles published on Jul 3, 2024

As Tron and Near Protocol Lose Velocity, the Qubetics Whitelist Gains Speed and Grounds

KangaMoon shines as Bitcoin Cash struggles, NEAR Protocol soars

Blocksquare’s Oceanpoint Smashes Milestone: First Marketplace Pool Sells Out in Record Time

Is MoonBag Liquidity Plan the Resilient Breakthrough Near Protocol and EOS Investors Have Been Wa...

Gamestop (GME) Price Sinks 18% In A Day After Lawsuit Dismissed; Will It Recover?

WhatsApp and Signal Escape EU Messaging Apps Scan in “A Partial Victory for Privacy”

Join our free newsletter for daily crypto updates!