BTC $64,177.67 +1.31%
ETH $1,897.14 +0.13%
BNB $602.12 -0.35%
XRP $0.9957 -0.24%
SOL $76.03 +0.92%
TRX $0.3327 -0.12%
DOGE $0.0698 -0.45%
ADA $0.1729 -1.14%
BCH $203.88 -0.38%
LINK $9.44 +0.53%
HYPE $59.60 +0.67%
AAVE $88.73 +3.36%
SUI $0.6471 -4.14%
XLM $0.1534 -2.56%
ZEC $506.35 -1.01%
BTC $64,177.67 +1.31%
ETH $1,897.14 +0.13%
BNB $602.12 -0.35%
XRP $0.9957 -0.24%
SOL $76.03 +0.92%
TRX $0.3327 -0.12%
DOGE $0.0698 -0.45%
ADA $0.1729 -1.14%
BCH $203.88 -0.38%
LINK $9.44 +0.53%
HYPE $59.60 +0.67%
AAVE $88.73 +3.36%
SUI $0.6471 -4.14%
XLM $0.1534 -2.56%
ZEC $506.35 -1.01%

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

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)

app_icon
ChainCatcher Building the Web3 world with innovations.