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RE: LeoThread 2024-06-21 16:57

in LeoFinance • 5 months ago

1/🧵 The #Ripple vs. SEC case has taken a significant turn. Judge Hamilton's summary judgment favors Ripple on several claims, citing the statute of repose and lack of privity. This is a pivotal moment for #crypto regulation. #threadstorm #inleo

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2/🧵 However, the case isn't closed. Ripple CEO Garlinghouse's statements about his XRP holdings are under scrutiny. The court finds this matter suitable for a jury, spotlighting the debate on crypto as securities and investor expectations.

3/🧵 The evolving #cryptocurrency market faces legal complexities. This ruling underscores the need for clear regulations and investor awareness. As the industry matures, so will the legal landscape, shaping the future of digital assets.
https://inleo.io/@clementtt/the-courts-latest-ruling-on-ripples-legal-battle--hbf