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❕NEWS Ripple's First Official Response to SEC's Claims

aryan4

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Ripple has finally submitted its first official response to the court against the SEC's allegations. The file submitted by Ripple to the court consists of 93 pages. In a new blog post published by Ripple's chief legal counsel, Stuart Alderoty, the response to the SEC's allegations is summarized under 7 points. Perhaps the most important of these items are:
--- Ripple has never conducted an ICO, has never raised money to sell its tokens.
--- Ripple has never made investment deals with XRP investors.
--- Ripple is a virtual currency and is therefore outside the SEC's jurisdiction.
What are your thoughts on the upcoming lawsuit?
 

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As the case approaches, new developments occur. Various statements have been made, but let's see how they will support the defense they have reported.
 

Josemendez

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As the case approaches, new developments occur. Various statements have been made, but let's see how they will support the defense they have reported.
Well , in a new report . Ripple demands that Bitcoin and Ethereum documents be used to compare theirs ,in order to see that there is no difference between them
 

Wisdom01

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I think ripple still have a lot of backing and evidence , i just wish they could win the law suit case and let things end quickly , that's the thing
 

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I think ripple still have a lot of backing and evidence , i just wish they could win the law suit case and let things end quickly , that's the thing
Which includes a note by Ripple that previous settlement discussion took place under previous administration and were principally with relevant division director who have since left the SEC.
 

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All this charges beckoned only Ripple?? That's too much. Have SEC forgotten that Ripple is a virtual currency not centralized the way they think. Everything must not be visible as they think.
The fact is that am very confused on this whole ripple and SEC issue . It seems that something is wrong internally which is not visible to people
 

Wisdom01

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The fact is that am very confused on this whole ripple and SEC issue . It seems that something is wrong internally which is not visible to people
Its more about personal iswue with ripple , but i hope ripple could actually fight for the case and win it at the end , i really don't like the way it's taking time
 

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Maybe, before SEC become so persistent to drag Ripple to this length. Their is something anonymous behind it, that they don't want to share with us.
Well , the court verdict will expose everything . We will know who have cockroaches in their cupboard. Ripple has more chances of winning.
 

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These issues should have been sorted by now and going by Ripple's statements, there shouldn't have been issues in the first place unless something fishy was going on.
 
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