{"id":19614,"date":"2023-03-24T07:52:27","date_gmt":"2023-03-24T07:52:27","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/03\/24\/us-sec-claims-supreme-court-ruling-wont-help-ripple-whats-next\/"},"modified":"2023-03-24T07:52:27","modified_gmt":"2023-03-24T07:52:27","slug":"us-sec-claims-supreme-court-ruling-wont-help-ripple-whats-next","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/03\/24\/us-sec-claims-supreme-court-ruling-wont-help-ripple-whats-next\/","title":{"rendered":"US SEC Claims Supreme Court Ruling Won&#8217;t Help Ripple; What\u2019s Next?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/xrp-lawsuit-us-sec-claims-supreme-court-ruling-wont-help-ripple-whats-next\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p><strong>XRP Lawsuit News:<\/strong> <a href=\"https:\/\/coingape.com\/tag\/securities-and-exchange-commission\/\" target=\"_blank\" rel=\"noopener\">U.S. Securities and Exchange Commission<\/a> (SEC) filed its reply to the Ripple Defendants\u2019 letters filed within the District Court concerning Supplemental Authority From the Bittner and Voyager circumstances. It is predicted that <a href=\"https:\/\/coingape.com\/xrp-news-ripple-lawsuit-notice-fair-notice-defense-sec\/\" target=\"_blank\" rel=\"noopener\">Ripple\u2019s last filings in the XRP lawsuit<\/a> may play a significant position in securing the Summary Judgment in its favor.<\/p>\n<h2>US SEC Rejects Ripple\u2019s Attempt To Secure Ruling<\/h2>\n<p>As per the <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/FilanLaw\/status\/1639006359990550528\" target=\"_blank\">US SEC\u2019s filing<\/a>, the company claims that neither the Bittner v. United States nor the chapter plan affirmation order in <a href=\"https:\/\/coingape.com\/binance-us-wins-court-approval-to-buy-bankrupt-voyager-digital-assets\/\" target=\"_blank\" rel=\"noopener\">Voyager Digital Holdings<\/a> supplies any foundation to disclaim their movement for Summary Judgment. It added that neither of the selections even embrace a good discover protection.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>The fee said that the Supreme Court\u2019s resolution within the Bittner case has nothing to do with the honest discover protection the Ripple and Defendants are attempting to invoke with a view to defeat legal responsibility within the civil motion. It highlighted that the rule of lenity implied within the Bittner case doesn&#8217;t apply to the Civil enforcement context. <a href=\"https:\/\/coingape.com\/tag\/xrp\/?utm_source=menubar\" target=\"_blank\" rel=\"noopener\"><strong>Read More XRP Lawsuit News Here\u2026<\/strong><\/a><\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/cathie-wood-snaps-up-shares-of-block-inc-amid-hindenburg-fueled-rout\/?utm_source=24hrsupdateall\" target=\"_blank\" rel=\"noopener\">Cathie Wood Snaps Up Shares of Block Inc. Amid Hindenburg-Fueled Rout<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"quads-location quads-ad124348 \" id=\"quads-ad124348\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n<div class=\"ad-container-layout\">\n<div class=\"ad-container\">\n        <a href=\"https:\/\/bit.ly\/3JbHb8M\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n          <img decoding=\"async\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\"\/><\/noscript><br \/>\n        <\/a><\/p><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"textAds mt-3 position-relative mb-3 border rounded p-2\">\n<a href=\"http:\/\/bit.ly\/3kCtW8T\" target=\"_blank\" class=\"d-flex text-decoration-none\" rel=\"nofollow noopener\">\n\n\n<div class=\"imgAds\"><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" \/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" \/><\/noscript><\/div>\n\n\n\n\n<div class=\"TextadTxt pl-3 pr-5\">Bitget is a Leading Derivatives Trading Platform - 24\/7 online support. One-Click Copy Trading. Industry-leading Security. Sign up & Trade Digital Asset!<\/div>\n\n\n<i class=\"iconsads position-absolute left-50 top-2\"><\/i>\n<\/a>\n<\/div>\n\n -->\n<\/div>\n<p>The US SEC introduced up that the lenity talked about within the Bittner case solely applies when a legal statute accommodates a \u2018grievous ambiguity or uncertainty.\u2019 The fee went on to strengthen its reply by stating that it has frequently offered steerage that crypto asset choices violate Section 5 in the event that they revolve across the provide and sale of an funding contract.<\/p>\n<p>Taking on the Voyager ruling by the Apex court docket, the US SEC said that it gained\u2019t assist Ripple both as that case concerned a chapter plan for the potential <a href=\"https:\/\/coingape.com\/binance-us-wins-court-approval-to-buy-bankrupt-voyager-digital-assets\/\" target=\"_blank\" rel=\"noopener\">sale of crypto assets to another company.<\/a> However, the fee already booked an objection within the Voyager deal. Meanwhile, the chapter decide overruled the SEC\u2019s objection in a ruling.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/coingape.com\/bitcoin-and-crypto-back-on-upward-trajectory-despite-secs-crypto-caution\/\" target=\"_blank\" rel=\"noopener\">Bitcoin and Crypto Back on Upward Trajectory Despite SEC\u2019s Crypto Caution<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"quads-location quads-ad86313 \" id=\"quads-ad86313\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n <!--  --><\/p>\n<div class=\"ad-container-layout\">\n<div class=\"ad-container\">\n        <a href=\"https:\/\/bit.ly\/3JbHb8M\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n          <img decoding=\"async\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\"\/><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" alt=\"bitget-images\" class=\"ad-image\" style=\"&#10;    width: 95%;&#10;\"\/><\/noscript><br \/>\n        <\/a><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA143247\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<div class=\"authodes\">\n<p>Ashish believes in Decentralisation and has a eager curiosity in evolving Blockchain expertise, Cryptocurrency ecosystem, and NFTs. He goals to create consciousness across the rising Crypto trade by his writings and evaluation. When he isn&#8217;t writing, he&#8217;s enjoying video video games, watching some thriller film, or is out for some outside sports activities. Reach me at <a href=\"https:\/\/coingape.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"8cedffe4e5ffe4ccefe3e5e2ebedfce9a2efe3e1\">[email\u00a0protected]<\/a>                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/3918306ca32d5be5bb9dcdd59697ed7b?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD143247\">\n<p>  The introduced content material might embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty to your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/xrp-lawsuit-us-sec-claims-supreme-court-ruling-wont-help-ripple-whats-next\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] XRP Lawsuit News: U.S. Securities and Exchange Commission (SEC) filed its reply to the Ripple Defendants\u2019 letters filed within the District Court concerning Supplemental Authority From the Bittner and Voyager circumstances. It is predicted that Ripple\u2019s last filings in the XRP lawsuit may play a significant position in securing the Summary Judgment in its 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