Ripple Labs notches landmark win in SEC case over XRP cryptocurrency

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작성자 Gladis 작성일 25-06-30 00:35 조회 19 댓글 0

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hands-holding-bond-love-people-family-together-togetherness-holding-hands-thumbnail.jpgThe 33-year-old also revealed to GolfChannel.com that the couple discovered during an ultrasound after the ANA Inspiration last spring that Lincicome was eight weeks pregnant. However, there was no heartbeat and she underwent surgery the next morning to have the baby removed.

De Klerk's barrister David Funch previously told the jury a major witness for the prosecution, Jessica Noy, had been "disgracefully dishonest" while giving evidence and could not link his client to causing Mr Walsh's death.

Crown prosecutor Chris Cook last week told the jury in Brisbane the defendants attacked and stabbed Mr Walsh believing he had been "franking", which meant sexually assaulting someone after drugging them.

July 13 (Reuters) - Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry that sent the value of XRP soaring.

DEWA more than doubled the size of its initial public offering (IPO) on Tuesday.he listing is aimed at helping the Dubai stock market compete more effectively with bigger exchanges in the region, such as those in Saudi Arabia and neighbouring Abu Dhabi.

The case has been closely watched in the cryptocurrency industry, which disputes the SEC's assertion that the vast majority of crypto tokens are securities and subject to its strict investor protection rules. The agency has brought more than 100 enforcement crypto actions, claiming various tokens are securities, but many of those have ended in settlements.

Dubai Electricity and Water Authority's (DEWA) public share sale, which will now offer 9 billion shares, is the biggest to date in the Emirate and is also set to become the biggest for the region since Saudi Aramco's record $29.4 billion in 2019.

"We can talk about it (now)," she told GolfChannel.com. "We went from that awesome moment, going in for an ultrasound, to the surgery ... It took some time after, and there were a lot of tears, but God has a plan for us."

DUBAI, April 1 (Reuters) - Dubai Electricity and Water Authority's (DEWA) initial public offering (IPO), which could raise up to $5.7 billion, has seen heavy demand during its book-building process at the top end of the price, sources familiar with the matter said.

Citigroup, Emirates NBD Capital and HSBC are joint global coordinators, while Credit Suisse, EFG Hermes, First Abu Dhabi Bank PJSC and Goldman Sachs are joint bookrunners. (Reporting by Hadeel Al Sayegh, Editing by Louise Heavens)

Torres ruled that Ripple's marketing aimed at institutional investors made clear the company "was pitching a speculative value proposition for XRP" that depended on company efforts to develop the blockchain infrastructure behind the digital asset.

DUBAI, April 2 (Reuters) - Dubai's utility DEWA said on Saturday it has increased the retail portion of its initial public offering by almost three times, boosting the overall deal size to as much as 22.32 billion dirhams ($6.08 billion)

Torres ruled that Ripple's XRP sales on public cryptocurrency exchanges were not offers of securities under the law, because purchasers did not have a reasonable expectation of profit tied to Ripple's efforts.

Lincicome is not playing in the two-event Asia swing and will tee it up next at the Bank of Hope Founders Cup in Phoenix next month. How many events she plays this year remains to be seen -- she plans to play through at least the U.S. Open in June -- but the new LPGA Tour policy means that Lincicome will begin next season with the same status she has now.

"We would love to share the biggest blessing in life -- @brittany1golf and I are expecting our first child," Gouws wrote in an Instagram post Tuesday. "Most amazing experience hearing our baby's heartbeat for the first time today ... got to see the little one roll around and stretch out inside mommy's belly."

House of Representatives Majority Whip Tom Emmer, a Republican, in a post on Twitter said the ruling established that "a token is separate and distinct from an investment contract it may or may not be part of."

XRP sales on cryptocurrency platforms by Garlinghouse and co-founder and former CEO Chris Larsen, and other distributions including compensation to employees also did not involve securities, Torres ruled.

In the few cases that have gone to court, login dewa89 judges have agreed with the SEC that the crypto assets at issue were securities, which unlike assets such as commodities are strictly regulated, must be registered with the SEC by their issuer and require detailed disclosures to inform investors of potential risks.

The ruling by U.S. District Judge Analisa Torres was the first win for a cryptocurrency company in a case brought by the U.S. Securities and Exchange Commission -- though it did also give the SEC a partial victory.

Torres applied a U.S. Supreme Court case that said "an investment of money in a common enterprise with profits to come solely from the efforts of others," is a kind of security called an investment contract.

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