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ETH $1,690.30 +0.25%
BNB $602.46 -0.19%
XRP $1.17 +0.98%
SOL $66.73 +0.67%
TRX $0.3264 -0.00%
DOGE $0.0863 +0.23%
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BCH $209.72 -8.20%
LINK $7.99 +1.07%
HYPE $63.30 +6.41%
AAVE $63.46 -0.05%
SUI $0.7553 -0.37%
XLM $0.2027 -1.61%
ZEC $457.48 +4.19%

Ripple and SEC request the judge to make a summary judgment in the case of Ripple selling unregistered securities XRP

2022-09-19 08:33:45
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According to ChainCatcher, The Block reported that Ripple and the U.S. Securities and Exchange Commission (SEC) are requesting the judge to swiftly issue a summary judgment in the case of Ripple's sale of XRP tokens, as both parties do not wish for the legal proceedings to continue to a full trial. Previously, the SEC accused Ripple of selling unregistered securities when issuing XRP tokens.

It is understood that summary judgment is a distinctive civil litigation system in common law countries, which allows judges to make substantive and binding rulings on all or part of a case without a trial. (The Block)

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