Accepted

The post SEC Accepted Its Defeat, Won’t Challenge Ripple XRP Case Ruling, But!!! appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) has announced it will not appeal the recent court ruling in the Ripple XRP case. The decision, which followed Judge Torres’ order on August 7, 2023, marks a significant moment in the ongoing legal struggle between the SEC and Ripple.  The court’s ruling, which imposed a $125 million penalty on Ripple, was far less…

Recently, there is a defamation case in the New South Wales District Court, and Judge Judith Gibson approved the use of cryptocurrency as collateral. The judge said that cryptocurrency is a form of investment with recognition and acknowledged its volatility, as per a brief from the Australian Associated Press. The New South Wales court directed that the plaintiff must deposit 20000 AUD (about $13,000) in a bank account guarded by the courts. In this case, the plaintiff’s loss or success…