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

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News Links 👇

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

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***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!


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Dec 2: Crypto Trading This Week

Bitcoin is consolidating around $95K, building a strong base for a potential breakout above $100K. BTC dominance dropped to 56.7%, highlighting altcoin activity, with XRP surging 4X. Total market cap is $3.3T, signaling broad participation. Patience and monitoring dominance and volume shifts are crucial for traders eyeing the next moves.RESOURCEShttps://www.youtube.com/watch?v=ye8MOfxD5nUhttps://shorturl.at/8i4Qhhttps://shorturl.at/is2TKSecure your Business & Digital Life with Cyber Strategy Institute https://www.thegrowmeco.com/course/https://cyberstrategyinstitute.com/warden/ https://csi-store.samcart.com/products/wardenguard-personal-1device-annual/?coupon=DCN_Wardenhttps://csi-store.samcart.com/products/wardenvault-personal-managed-1device-annual?coupon=DCN_Warden WHERE TO FIND DCNhttps://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCrypto Trader Cobb X: @TraderCobbEMAIL USmatt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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 2024 Matthew Aaron Podcasts LLCDaily Bitcoin, Ethereum, & Crypto News! Hosted on Acast. See acast.com/privacy for more information.

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RESOURCEShttps://www.youtube.com/watch?v=ye8MOfxD5nUhttps://shorturl.at/8i4Qhhttps://shorturl.at/is2TKSecure your Business & Digital Life with Cyber Strategy Institute https://www.thegrowmeco.com/course/https://cyberstrategyinstitute.com/warden/ https://csi-store.samcart.com/products/wardenguard-personal-1device-annual/?coupon=DCN_Wardenhttps://csi-store.samcart.com/products/wardenvault-personal-managed-1device-annual?coupon=DCN_Warden WHERE TO FIND DCNhttps://substack.com/@dcndailycryptonewshttps://twitter.com/DCNDailyCrypto Trader Cobb X: @TraderCobbEMAIL USmatt@dailycryptonews.netsarah@dailycryptonews.net ——————————————————————***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 2024 Matthew Aaron Podcasts LLC Hosted on Acast. See acast.com/privacy for more information.

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29 Nov 202420min

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Nov 28: Profits, Plans, and Market Moves

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28 Nov 202412min

Nov 27: Trump’s Pro-Crypto Agenda Could Reshape the Future of Finance

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27 Nov 202415min

Nov 26: CZ Slams Meme Coins! Pump.fun Live Stream!

Nov 26: CZ Slams Meme Coins! Pump.fun Live Stream!

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26 Nov 202417min

Nov 25: MicroStrategy's Mega Bitcoin Bet!

Nov 25: MicroStrategy's Mega Bitcoin Bet!

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25 Nov 202420min

Nov 22: Gensler Resigns, SEC Overruled, and FTX Payout

Nov 22: Gensler Resigns, SEC Overruled, and FTX Payout

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22 Nov 202416min

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