Judge Analisa Torres Refers Ripple VS. SEC Case to Magistrate
Last Monday was the release of the ruling of US District Judge Torres regarding the Ripple Labs vs. US SEC.
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Last Monday was the release of the ruling of US District Judge Torres regarding the Ripple Labs vs. US SEC.
The US Judge Torres of the Southern District of New York concluded that Ripple does not consist of security when sold to retail traders...
The S&P 500 is closing the week in the green in light of positive inflation data. The index was 2.48% higher on the week ahead of the market close Friday. Other major market indexes also showed an upward trajectory, with the Dow Jones rising 2.36% on the week.
The lawyer reached out to the judge to clarify the status of the secondary sale of a crypto asset, but he remained conservative about it.
On July 13, Judge Analisa Torres of the Southern New York district of the United States district court ruled in favour of Ripple Labs in the case against the SEC.