Voyager Judge Provides Ripple Another Victory Argument

Jake Simmons
Jake Simmons

16 Mar 2023 10:15 AM

While the US Securities and Exchange Commission's (SEC) case against Ripple Labs continues to await a ruling by the judge in charge of the Southern District...

  • Ripple Labs is awaiting a ruling by the judge in charge of the Southern District Court of New York in its case against the US Securities and Exchange Commission (SEC).
  • The fintech company may have received a winning argument from the judge in the Voyager case, as bankruptcy judge Michael Wiles addresses the ambiguous legal situation for the crypto industry with strong words.
  • The wording in Wiles' ruling could be a winning argument based on the “fair notice” defense for Ripple in its case against the SEC.
  • The US government’s “Operation Choke Point” against the crypto industry has become increasingly apparent, and the SEC plans to expand its enforcement actions to over 100.
  • The attorney representing the XRP community in the case against Ripple is launching an initiative to pool industry resources against the SEC.

The article presents a mixed sentiment, with a negative tone towards the US government's "Operation Choke Point" against the crypto industry and the SEC's plans to expand its enforcement actions, and a positive tone towards the possibility of Ripple Labs receiving a winning argument from the judge in the Voyager case.

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Related Questions

What is the "fair notice" defense, and how could it help Ripple Labs in its case against the SEC?
What is the US government's "Operation Choke Point" against the crypto industry, and why is it becoming increasingly apparent?
What is the attorney representing the XRP community in the case against Ripple doing to pool industry resources against the SEC?
What is the current price of XRP, and how has it been trending since the end of January?
What did the bankruptcy judge Michael Wiles address in his ruling in the Voyager case, and how could it impact the crypto industry?

Related Queries

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US Securities and Exchange Commission
Voyager case
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fair notice defense
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