{"id":633360,"date":"2023-04-21T19:57:26","date_gmt":"2023-04-22T00:57:26","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/21\/judge-torres-under-high-pressure-for-upcoming-verdict-in-ripple-vs-sec-case\/"},"modified":"2023-04-21T19:57:26","modified_gmt":"2023-04-22T00:57:26","slug":"judge-torres-under-high-pressure-for-upcoming-verdict-in-ripple-vs-sec-case","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/21\/judge-torres-under-high-pressure-for-upcoming-verdict-in-ripple-vs-sec-case\/","title":{"rendered":"Judge Torres Under High Pressure for Upcoming Verdict in Ripple Vs SEC Case"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/news\/judge-torres-under-high-pressure-for-upcoming-verdict-in-ripple-vs-sec-case\/\" data-post-title=\"Judge Torres Under High Pressure for Upcoming Verdict in Ripple Vs SEC Case\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=193564&#038;action=edit\" data-share-title=\"Judge%20Torres%20Under%20High%20Pressure%20for%20Upcoming%20Verdict%20in%20Ripple%20Vs%20SEC%20Case\" data-share-link=\"https:\/\/coinpedia.org\/news\/judge-torres-under-high-pressure-for-upcoming-verdict-in-ripple-vs-sec-case\/\" data-share-image=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-scaled.webp\">\n<div>\n<figure><img loading=\"lazy\" width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-1200x628.webp\" alt=\"Ripple Vs SEC\" decoding=\"async\" data-main-img=\"1\"   data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20628'%3E%3C\/svg%3E\" data-lazy-srcset=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-1200x628.webp 1200w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-300x158.webp 300w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-768x403.webp 768w, https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-150x79.webp 150w\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/04\/12182214\/RIPPLE-VS-SEC-1200x628.webp\"><figcaption>  Ripple Vs SEC<\/figcaption><\/figure>\n<\/div>\n<div>\n<p>The Securities and Exchange Commission (SEC) has been creating some rifts in the cryptocurrency market by charging firms with alleged securities violations. \u00a0<a href=\"https:\/\/app.coinpedia.org\/company\/kraken\" target=\"_blank\" rel=\"noopener\">kraken<\/a> <span><span><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" alt=\"information\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/10122626\/info_icon.svg\"><\/span><\/span><\/p>\n<p><span> <span> <span><a href=\"https:\/\/app.coinpedia.org\/company\/kraken\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/09190601\/link.svg\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\"><\/a><\/span> <span> <a href=\"https:\/\/www.kraken.com\" target=\"_blank\" rel=\"noopener\"> <img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1664616336940nqicsboh6j.png\" target=\"_blank\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1664616336940nqicsboh6j.png\"><\/a> <span>kraken<\/span> <span><\/span> <span>a****<a href=\"http:\/\/coinpedia.org\/cdn-cgi\/l\/email-protection\" data-cfemail=\"daa89ab1a8bbb1bfb4f4b9b5b7\">[email\u00a0protected]<\/a><\/span> <span><span>Centralised Exchange<\/span><\/span>  <\/span> <\/span> <\/span>  , for example, paid $30 million to settle with the SEC as its CEO claimed they were not in a position to fight the case. Additionally, the SEC has sent Wells notices to several crypto exchanges such as Coinbase, Binance, and Bittrex for selling unregistered securities to US customers.<\/p>\n<p>One significant case is the <a href=\"https:\/\/coinpedia.org\/tag\/ripple-vs-sec\/\" target=\"_blank\" rel=\"noreferrer noopener\">SEC vs Ripple<\/a>, where the verdict is about to be announced. The SEC has accused <a href=\"https:\/\/app.coinpedia.org\/company\/ripple\" target=\"_blank\" rel=\"noopener\">ripple<\/a> <span><span><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" alt=\"information\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/10122626\/info_icon.svg\"><\/span><\/span><\/p>\n<p><span> <span> <span><a href=\"https:\/\/app.coinpedia.org\/company\/ripple\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/09190601\/link.svg\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\"><\/a><\/span> <span> <a href=\"https:\/\/ripple.com\/\" target=\"_blank\" rel=\"noopener\"> <img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1657967159590o09wizsbnt.png\" target=\"_blank\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1657967159590o09wizsbnt.png\"><\/a> <span>ripple<\/span> <span><\/span> <span>m***<a href=\"http:\/\/coinpedia.org\/cdn-cgi\/l\/email-protection\" data-cfemail=\"d8b098aab1a8a8b4bdf6bbb7b5\">[email\u00a0protected]<\/a><\/span> <span><span>Crypto \/ Blockchain Solution<\/span><\/span><span><span>Payment solution<\/span><\/span>  <\/span> <\/span> <\/span>  \u00a0\u00a0of selling XRP as an unregistered security, but Ripple is fighting the case. Judge Analisa Torres has more pressure on this case, as the crypto community eagerly awaits her decision.\u00a0<\/p>\n<figure>\n<div>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>AGAIN, The decision in the <a href=\"https:\/\/twitter.com\/hashtag\/SEC?src=hash&#038;ref_src=twsrc%5Etfw\">#SEC<\/a> vs. <a href=\"https:\/\/twitter.com\/hashtag\/RIPPLE?src=hash&#038;ref_src=twsrc%5Etfw\">#RIPPLE<\/a> case is the BIGGEST VERDICT in GLOBAL FINANCE HISTORY ???? <\/p>\n<p>The pressure is on LIKE NO OTHER for JUDGE TORRES to make a verdict on this case! ????<\/p>\n<p>This should be a NO BRAINER, as <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&#038;ref_src=twsrc%5Etfw\">#XRP<\/a> is clearly NOT A SECURITY ???? <a href=\"https:\/\/t.co\/ozywe7sl2c\">pic.twitter.com\/ozywe7sl2c<\/a><\/p>\n<\/div>\n<p>\u2014 HighVibe ???????????? (@HighVibeAssets) <a href=\"https:\/\/twitter.com\/HighVibeAssets\/status\/1649106891513921548?ref_src=twsrc%5Etfw\">April 20, 2023<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n<div>\n<p>Ashley Prosper, a member of the XRP community, tweeted that the next week would be interesting as April 27 marks 52 days since Judge Torres ruled on the Daubert motions in the XRP case. She assumes that the judge\u2019s Summary Judgement ruling will be just around the corner.<\/p>\n<p><a href=\"https:\/\/twitter.com\/AshleyPROSPER1\/status\/1649112500686684160\">https:\/\/twitter.com\/AshleyPROSPER1\/status\/1649112500686684160<\/a>\u00a0<\/p>\n<\/div>\n<h2><strong>Meanwhile, Europe is make rules clear for crypto<\/strong><\/h2>\n<p>Binance CEO <a href=\"https:\/\/app.coinpedia.org\/cz_binance\" target=\"_blank\" rel=\"noopener\">changpeng zhao<\/a> <span><span><img decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" alt=\"information\" data-lazy-src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/10122626\/info_icon.svg\"><\/span><\/span><\/p>\n<p><span> <span> <span><a href=\"https:\/\/app.coinpedia.org\/cz_binance\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/11\/09190601\/link.svg\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\"><\/a><\/span> <span> <img decoding=\"async\" src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1649327642152kgljvninim.png\" data-old-src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%200%200'%3E%3C\/svg%3E\" data-lazy-src=\"https:\/\/image.coinpedia.org\/app_uploads\/profile\/1649327642152kgljvninim.png\"> <span>changpeng zhao<\/span> <span>founder and ceo <span>at Binance<\/span><\/span> <span>Changpeng Zhao is the Founder and Chief Executive Officer at Binance.His contribution to the enhancement of Binance made the platform world\u2019s largest cryptocurrency exchange since its inception in 2017. Zhao launched the blockchain network Binance Smart Chain which has made a remarkable contribution to the development of the decentralized finance ecosystem. Whereas in 2019, he launched Binance\u2019s US affiliate, Binance.US. \u00a0<br \/>\nHe is commonly known as CZ, a Chinese-Canadian Business Executive who has been ranked 113th richest in the globe as of 2022. In the past, he founded Fusion Systems, a trading system for brokers famous for some of the fastest high-frequency trading systems for brokers. Zhao has served as a member of the team that developed Blockchain.info and played the role of Chief Technology Officer of OKCoin, a secure cryptocurrency exchange platform for Bitcoin, Ethereum, Dogecoin, and other crypto assets.<\/span> <span><\/span> <span><span>Entrepreneur<\/span><\/span><span><span>Investor<\/span><\/span><span><span>Chief Executive Officer<\/span><\/span>  <\/span> <\/span> <\/span>  tweeted that the European Parliament had voted to implement the Markets in Crypto-Assets (MiCA) regulations. This move will provide tailored regulations for cryptocurrencies to protect users and support innovation in one of the world\u2019s largest markets. Although the fine details of the regulations will matter, CZ believes that this is a pragmatic solution to the challenges faced by the industry. With clear rules of operation in place, crypto exchanges will be able to operate within the European Union.<\/p>\n<p>Also Read: <a href=\"https:\/\/coinpedia.org\/exchange\/binance-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">Binance Exchange Review: Understand Fees, Features, Trading Pairs, and More<\/a><\/p>\n<figure>\n<div>\n<blockquote data-width=\"550\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>The European Parliament voted for MiCA to be implemented.<\/p>\n<p>This means one of the world\u2019s largest markets is introducing tailored regulations for crypto to protect users and support innovation. <\/p>\n<p>The fine details will matter, but overall we think this is a pragmatic solution to\u2026<\/p>\n<\/div>\n<p>\u2014 CZ ???? Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1649018863298703361?ref_src=twsrc%5Etfw\">April 20, 2023<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n<h2 id=\"h-who-will-win-the-case\"><strong>Who will win the case?<\/strong><\/h2>\n<p>The decision in the SEC vs Ripple case is highly anticipated as it could have a significant impact on the crypto industry. If Ripple wins the case, it could set a precedent for other crypto companies to follow. However, if the SEC wins, it could result in further regulatory action against other crypto firms. The wait for Judge Torres\u2019s decision continues, and the crypto community is eagerly anticipating the outcome.<\/p>\n<\/div>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<h5> <span data-toggle=\"modal\" data-target=\"#myModal\">No<\/span> <span onclick=\"likeFunction()\">Yes<\/span><\/h5>\n<\/div>\n<div>\n<p><a href=\"https:\/\/coinpedia.org\/author\/elena\/\"> <img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Photo of Elena R\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2022\/07\/13135806\/4-300x300.jpg\" height=\"180\" width=\"180\"> <\/a><\/p>\n<div>\n<h3><a href=\"https:\/\/coinpedia.org\/author\/elena\/\">Elena R<\/a><\/h3>\n<p> Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing &#8211; accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/coinpedia.org\/news\/judge-torres-under-high-pressure-for-upcoming-verdict-in-ripple-vs-sec-case\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Elena R<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple Vs SECThe Securities and Exchange Commission (SEC) has been creating some rifts in the cryptocurrency market by charging firms with alleged securities violations. \u00a0kraken kraken a****[email\u00a0protected] Centralised Exchange , for example, paid $30 million to settle with the SEC as its CEO claimed they were not in a position to fight the case. Additionally<\/p>\n","protected":false},"author":1,"featured_media":633361,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[559,32258],"tags":[],"class_list":{"0":"post-633360","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-judge","8":"category-torres"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/633360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=633360"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/633360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/633361"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=633360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=633360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=633360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}