Chair

Gary

<ul class="wp-block-list news-points">
 <li>Ripple’s CEO, Brad Garlinghouse, criticized the SEC’s regulation-by-enforcement approach, intensifying their ongoing legal dispute.</li>
 <li>General Counsel Stuart Alderoty emphasized that Ripple’s cross-appeal seeks to clarify whether XRP can be classified as an investment contract.</li>
 <li>Despite legal challenges, XRP’s bullish sentiment persisted, with long positions on exchanges like Binance and OKX surpassing a 3.5 ratio.</li>
</ul>
Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) has taken another turn as CEO Brad Garlinghouse publicly criticized the agency’s approach to regulation. <a href="https://x.com/bgarlinghouse/status/1844413069574967704" target="_blank" rel="noopener noreferrer nofollow">Garlinghouse </a>argues that the SEC, under Chair Gary Gensler, persists in a regulation-by-enforcement strategy. In a move to address all aspects of the case, Ripple filed a cross-appeal, escalating the conflict over XRP’s classification.
<h2 class="wp-block-heading" id="h-ripple-fights-back-cross-appeal-seeks-clarity-on-key-legal-issues">Ripple Fights Back: Cross-Appeal Seeks Clarity on Key Legal Issues</h2>
<a href="https://x.com/s_alderoty/status/1844408944657301885" target="_blank" rel="noopener noreferrer nofollow">Stuart Alderoty</a>, Ripple’s General Counsel, clarified that the cross-appeal aims to resolve lingering legal questions. Ripple contends that an “investment contract” cannot exist without the typical rights and obligations of a standard contract.
Ripple has consiste…
The post <a href="https://coinedition.com/ripple-doubles-down-cross-appeals-sec-ruling-in-landmark-xrp-case/" rel="noopener noreferrer nofollow">Ripple Doubles Down: Cross-Appeals SEC Ruling in Landmark XRP Case</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple Doubles Down: Cross-Appeals SEC Ruling in Landmark XRP Case

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