- Legal professional Invoice Morgan refutes claims of weak SEC case and warns of attainable appeals.
- Morgan famous that the current court docket ruling lacks industry-wide regulatory steerage.
- Ripple CEO Garlinghouse requires clear guidelines.
Outstanding cryptocurrency lawyer Invoice Morgan addressed the misconceptions surrounding the continuing SEC vs. Ripple. Responding to claims that an SEC enchantment was unlikely because of a weak case, Morgan suggested that expectations needs to be tempered. He added that both facet may nonetheless enchantment, and the power of the SEC's case stays up for debate.
#Waving v SEC Case – BIG NEWS
Authorized consultants say “we await Decide Torres' ultimate ruling, which is predicted this week”
— Trump Coin (@trump45coin) July 29, 2024
Morgan additionally clarified that whereas the current court docket ruling clarifies the standing of XRP, it doesn’t present regulatory steerage for all the {industry}. He emphasised that the courts will not be creating a transparent regulation and that gross sales of XRP can nonetheless be thought of funding contracts primarily based on…
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