Ripple 诉 SEC 2023 年底案件更新

自 2023 年初以来，Ripple 在与美国证券交易委员会 (

被监管机构视为证券的加密

具体来说，

激烈的争议标志着2023年的开始

不久之后，

随着时间的推移，案件的

也就是说，Ripple 的另一项

As for the documents themselves, the public saw them on June 13, after which itbecame clearthat he had said that a crypto was not a security when it becomes “sufficiently decentralized,” despite senior SEC officials repeatedly warning him about the possibility of further confusing thecrypto market.

Finally, onJuly 13, Ripple secured a legal triumph with Judge Torres’s summary ruling in which she ruled that the retail sales of XRP did not constitute securities sales. However, she did the courtdid findthat past directXRP salesto institutional clients do, in fact, constitute aninvestmentcontract.

What’s next

As 2024 approaches, the only thing left for the case is the final settlement in which the presiding judge will decide how much money the blockchain company will have to pay in damages for the part of the court decision that referred to the institutional XRP sales.

As it happens, Judge Torressaidin her pretrial scheduling order that the Court would seek to schedule a jury trial for the case in the second quarter of 2024, ordering both parties to submit blackout dates for trial by August 23, which would suggest late summer of 2024 as the period for the final settlement.

What followed across August and September wereback-and-forth motionsregardingthe SEC’searly appealto Judge Torres’s July ruling, culminating with herrejectionof the said interlocutory appeal despite the regulator’s incessantattemptsat adding more arguments for it.

Finally, in late October, the SECagreed to dismiss the civil allegationsagainst the company’s CEO, Brad Garlinghouse, and co-founder Chris Larsen, in the third and final capitulation for the securities watchdog in its three-year crusade against Ripple.

Meanwhile, XRP was at press time trading at the price of $0.63, down 1.01% on the day but growing its value by 1.6% in the last week and by 3.17% across the previous month while gaining as much as 83.29% over the year that is almost over, as per data on December 29.