Home » Business » Ripple Litigation Results SEC “Return Ripple Profits With Fine” Decision Ripple Litigation Results SEC “Return Ripple Profits With Fine” Decision February 22, 2021 by world today news photo-layout image photo_2159948 float-center" data-idxno="2159948" data-type="photo" style="max-width:600px"> –Ripple Litigation Results SEC “Return Ripple Profits With Fine” Decision – Interest in the outcome of the Ripple lawsuit is hot. Recently, Ripple released a response to a lawsuit filed by the US Securities and Exchange Commission (SEC). According to the response, Ripple Labs, CEO Brad Garlinghouse, and co-founder Chris Larson must return the profits from the sale of Ripple to the federal court in Manhattan. “This decision means that it functions as a store of value, exchange medium, account unit, etc., not a stake in Ripple profits.” In particular, he said, “The SEC has ignored Ripple’s clear status as a virtual currency contradicting the results of the international regulatory system.” – Related posts:Tesla's market value drops below $500 billion for the first time in two yearsRID - Italian Defense MagazineRussian Plant Moskvich Exceeds 2.5k Cars Sold, but Faces Criticism for Issues with Russification and...Thirteen inspirational quotes from Steve Jobs about success and creativity Trials – Frankfurt am Main – With a man on the hood across the city: Judgment awaited – Panorama Leipzig hit the foot! Raid Knock Hertha Bie Sua under 2 points left. Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: