July 14: SEC v. Ripple: What the Hell Happened
Daily Crypto News14 Juli 2023

July 14: SEC v. Ripple: What the Hell Happened

Today in Daily Web 3 News:


In the July 13 order by the US District Court, Southern District of New York, several key points were addressed regarding the case. The court stated that XRP sales in which buyers directly purchased from Ripple constituted sales of securities, amounting to $728 million. The court concluded that Ripple's Programmatic Sales of XRP did not constitute the offer and sale of investment contracts. However, the individual defendants, Garlinghouse and Larsen, will proceed to trial. The court considered the economic reality and totality of circumstances to determine whether the Howey Test was satisfied. The order does not address secondary market sales, implying that most XRP tokens already in circulation are not considered securities. The court's reasoning and interpretation of the Howey test have been subject to debate, but overall, the order provides insights into the ongoing legal battle between Ripple and the SEC.


#Ripple #SEC #XRP #HoweyTest #Cryptocurrency #LegalBattle

_________

News Links 👇

https://docs.google.com/document/d/1q-PLNa5UWUr7Lik6u0ZSQaIxjaxD-yCrI-GUswf-jfo/edit?usp=sharing

——————————————————————


***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2023 Matthew Aaron Podcasts LLC


Daily Bitcoin, Ethereum, & Crypto News!


Hosted on Acast. See acast.com/privacy for more information.

Avsnitt(702)

Live w/ Matt

Live w/ Matt

BITCOIN PRICE: WHAT I THINK IS ACTUALLY HAPPENINGI want to be very clear about this, because I’ve seen a lot of forced narratives flying around over the last couple of weeks. I don’t think Venezuela, ...

5 Jan 17min

Dec 29: Huge Announcement

Dec 29: Huge Announcement

References & Affiliates📰 Matt Diemer on SubstackYEARS OF DAILY CRYPTO NEWS #1https://manifold.xyz/@dailycryptonews/id/4095779056YEARS OF DAILY CRYPTO NEWS #2https://manifold.xyz/@dailycryptonews/id/4...

29 Dec 20259min

Dec 18: The Revolving Door Swings Again

Dec 18: The Revolving Door Swings Again

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🏦 Fed Overhauls Bank Policy, Pulls Back From Prior Crypto-Focused Restrictions🏛️ Story of the Year 2025: C...

18 Dec 202512min

Dec 17: When Crypto Partnerships Become Legal Liabilities

Dec 17: When Crypto Partnerships Become Legal Liabilities

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🇮🇳 Indian MP Pushes Tokenization Bill to Democratize Investment Access for the Middle Class⚖️ Former Theta...

17 Dec 202519min

Dec 16: Are Tokens Equity? The Reckoning of Axelar & Aave

Dec 16: Are Tokens Equity? The Reckoning of Axelar & Aave

Tuesday, December 16 - Here are the Headlines:Token vs Equity Crisis Goes Nuclear - Axelar, Aave, and Stream FinanceOCC Grants National Bank Charters to Ripple, Circle and OthersDeFi Saver Upgrades Sm...

16 Dec 202515min

Dec 15: The $282K Solo Bitcoin Mining Win

Dec 15: The $282K Solo Bitcoin Mining Win

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🇬🇧 UK Plans to Begin Regulating Cryptocurrency in 2027 👻 Phantom Wallet Integrates Kalshi Prediction Mark...

15 Dec 202511min

Dec 12: Do Kwon Gets 15 Years for the Terra Collapse

Dec 12: Do Kwon Gets 15 Years for the Terra Collapse

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🎯 Coinbase Expands Into Prediction Markets and Tokenized Stocks🎬 Hollywood Director Pleads Guilty to Scamm...

12 Dec 202516min

Dec 11: SpaceX Moves Bitcoin as Markets Turn Defensive

Dec 11: SpaceX Moves Bitcoin as Markets Turn Defensive

References & Affiliates📰 Matt Diemer on Substack📈 The Grow Me Co: Trading Business Webinar🛠️ The Grow Me Co: Trading Course🚀 Elon Musk: SpaceX Moves Into Bitcoin Ahead of Potential Record IPO📱 Xi...

11 Dec 202520min

Populärt inom Business & ekonomi

badfluence
framgangspodden
rss-jossan-nina
varvet
uppgang-och-fall
bathina-en-podcast
avanzapodden
svd-tech-brief
rss-kort-lang-analyspodden-fran-di
rss-borsens-finest
rss-inga-dumma-fragor-om-pengar
borsmorgon
24fragor
lastbilspodden
kapitalet-en-podd-om-ekonomi
dynastin
rss-dagen-med-di
rss-den-nya-ekonomin
market-makers
fill-or-kill