New Order in SEC vs. Ripple Over XRP Is a Win for Crypto: What Happens Now? - Ep. 518
Jul 14, 2023
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Lewis Cohen, co-founder of DLx Law and a legal expert in cryptocurrency, breaks down the landmark ruling in the SEC vs. Ripple case. He discusses why XRP was deemed not a security for some buyers, a decision that may reshape crypto regulations. Lewis highlights the significance of distinguishing between programmatic and institutional sales, and how this ruling could influence future offerings across the industry. He also speculates on potential appeals and their implications for major exchanges like Coinbase.
The SEC and Ripple have been locked in a legal tug of war for years, stirring up waves of controversy and debate in the crypto community. Finally, Judge Analisa Torres has given an order establishing that XRP buyers trading on exchanges were not, in fact, engaging in a securities transaction, a decision that could have far-reaching implications for the industry. Lewis Cohen, co-founder of DLx Law, unpacks the details of this pivotal case and what it might mean for the future of cryptocurrency regulation.