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(722)

April 20: Congress Profits During Banking Crisis While Public Suffers

April 20: Congress Profits During Banking Crisis While Public Suffers

Today in Daily Web 3 News: a recent article from The New York Times revealed that several members of Congress made profitable trades while the public suffered during the banking crisis. Representative...

20 Apr 202312min

April 19:  SHOCKING: Hacker steals $10M in ETH from crypto OGs! CIA involved?!

April 19: SHOCKING: Hacker steals $10M in ETH from crypto OGs! CIA involved?!

Today in Daily Web 3 News: Hackers are stealing ETH from wallets and no one knows how it is being done. __________0:00 - Intro1:10 - Hackers2:34 - Taylor Swift3:29 - El Salvador4:29 - Intel5:37 - Meta...

19 Apr 20237min

April 18: Gary Gensler Wants to Destroy Crypto, House Republicans Want to Destroy Gensler

April 18: Gary Gensler Wants to Destroy Crypto, House Republicans Want to Destroy Gensler

Today in Daily Web 3 News: Bittrex is getting sured by the SEC and Warren Davidson is having nothing to do with it. He is calling on Gensler to resign. Meanwhile, the House Financial Committee GOP is ...

18 Apr 20239min

Protecting Your I.D. & I.P. from A.I. w/ Identity.com

Protecting Your I.D. & I.P. from A.I. w/ Identity.com

Today in Daily Web 3 News: Phillip Shoemaker, Executive Director, Identity.com - Phillip Shoemaker brings over 20 years of experience in the mobile space to Identity.com. He helped build the Apple App...

17 Apr 202321min

April 17: Five Bitcoin Metrics to Know This Week

April 17: Five Bitcoin Metrics to Know This Week

Today in Daily Web 3 News: Bitcoin price just dropped below $30k. Is this bullish or bearish? Here are some ways to look at the Bitcoin overall sentiment this week. __________0:00 - Intro1:21 - Retest...

17 Apr 202312min

April 14: eToro Twitter Integration, Push Protocol’s Web3 Video Chats, NFT Photo Market Places

April 14: eToro Twitter Integration, Push Protocol’s Web3 Video Chats, NFT Photo Market Places

Today in Daily Web 3 News: Today Matthew is a bit skeptical about the news. Lots of partnerships or product offerings that he just doesn’t understand the brand synergy or the reasoning behind the prod...

14 Apr 202312min

April 13: First 18 Hours After Ethereum Shapella Upgrade

April 13: First 18 Hours After Ethereum Shapella Upgrade

Today in Daily Web 3 News: 18 hours ago Ethereum underwent one of their biggest upgrades. Shanghai & Chapella aka Shapella, which allowed stakers in the POS network to finally withdraw their ETH. Let’...

13 Apr 20239min

April 12: Sen. Warren & A.O.C. Scrutinizes SVB Practices

April 12: Sen. Warren & A.O.C. Scrutinizes SVB Practices

Today in Daily Web 3 News: Regulation is taking innovation out of the USA according to A16Z. And, it appears that AOC and Sen Warren are trying to tighten the screws. How will this effect global innov...

12 Apr 202311min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
rss-borsens-finest
rss-svart-marknad
avanzapodden
uppgang-och-fall
fill-or-kill
rss-inga-dumma-fragor-om-pengar
rss-dagen-med-di
lastbilspodden
borsmorgon
bathina-en-podcast
svd-tech-brief
affarsvarlden
bilar-med-sladd
rss-den-nya-ekonomin
tabberaset
rss-veckans-trade