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News

Attorney Jeremy Hogan Says SEC And Ripple Lawsuit Could Be Settled This Month

September 6, 2022 - Around 2 mins mins to read
According to XRP proponent and US legal counsel Jeremy Hogan, who carefully monitors the Securities and Exchange Commission’s (SEC) crypto case against Ripple, the window for a potential settlement has opened. The SEC’s charges that Ripple offered XRP as unregistered security might be settled as soon as this month.
Attorney Jeremy Hogan Says SEC And Ripple Lawsuit Could Be Settled This Month
Attorney Jeremy Hogan

Hogan believes now is the optimal and reasonable time for the parties to negotiate an agreement because both sides have settled their case.

Hogan contends that Ripple executives could not have known XRP was security in 2012 if the SEC did not know – or did not make it plain – until launching its activities in December 2020.

Attorney Jeremy Hogan Says SEC And Ripple Lawsuit Could Be Settled This Month

At present, Hogan believes the SEC should provide clarity to the crypto business by clearly articulating its position on which of the main digital assets on the market qualify as securities.

As CoinCu reported, the SEC recently designated nine cryptocurrencies as securities in a separate complaint against a former Coinbase employee accused of insider trading. None of the digital assets mentioned in the complaint are among the top 20 coins in market capitalization.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
News

Attorney Jeremy Hogan Says SEC And Ripple Lawsuit Could Be Settled This Month

According to XRP proponent and US legal counsel Jeremy Hogan, who carefully monitors the Securities and Exchange Commission’s (SEC) crypto case against Ripple, the window for a potential settlement has opened. The SEC’s charges that Ripple offered XRP as unregistered security might be settled as soon as this month.
Attorney Jeremy Hogan Says SEC And Ripple Lawsuit Could Be Settled This Month
Attorney Jeremy Hogan

Hogan believes now is the optimal and reasonable time for the parties to negotiate an agreement because both sides have settled their case.

Hogan contends that Ripple executives could not have known XRP was security in 2012 if the SEC did not know – or did not make it plain – until launching its activities in December 2020.

Attorney Jeremy Hogan Says SEC And Ripple Lawsuit Could Be Settled This Month

At present, Hogan believes the SEC should provide clarity to the crypto business by clearly articulating its position on which of the main digital assets on the market qualify as securities.

As CoinCu reported, the SEC recently designated nine cryptocurrencies as securities in a separate complaint against a former Coinbase employee accused of insider trading. None of the digital assets mentioned in the complaint are among the top 20 coins in market capitalization.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

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