Pro-XRP Lawyer Offers Key Solution To Ripple’s Legal Woes Against SEC

By Bitcoinist - 10 muaj më parë - Koha e leximit: 3 minuta

Pro-XRP Lawyer Offers Key Solution To Ripple’s Legal Woes Against SEC

Jeremy Hogan, një avokat pro-XRP, ka diskutua the issue of secondary market sales and its potential impact on the Ripple vs. the US Securities and Exchange Commission (SEC) lawsuit. 

Rezultati i këtij rasti është thelbësor për mbajtësit e XRP, pasi ai do të përcaktojë nëse aktivi konsiderohet në thelb një vlerë. Nëse çështja e shitjeve të tregut sekondar nuk adresohet, mund të ndikojë në rilistimin e XRP në shkëmbime si Coinbase.

Padia e SEC sugjeron që XRP është një vlerë, si një pjesë e aksioneve. Megjithatë, kërkesat e KSHZ-së nga gjykata në padi nuk kërkojnë në mënyrë eksplicite asgjë që do t'i jepte këtë status asetit. Kjo lë në pikëpyetje çështjen e shitjeve në tregun sekondar.

Disgorgement Order Could Force Ripple vs. SEC Case To Address Secondary Sales Issue

The SEC has charged Ripple with violating securities laws by selling XRP as an unregistered security. If Ripple is found to have violated securities laws, it could be required to pay disgorgement, which would oblige the company to give up profits gained through illegal or unethical means.

However, Hogan suggests that Ripple could obtain an agreement from the SEC to include language in its final decision that the judgment does not cover secondary sales. 

Hogan argues that the court must determine who receives the funds taken from Ripple in a disgorgement order. Disgorgement is a legal remedy that requires a defendant to give up profits gained through illegal or unethical means.

Furthermore, the Pro-XRP lawyer suggests that Ripple could argue that only actual purchasers from it directly, not secondary purchasers, should receive their investment back in a disgorgement order. This argument is based on the SEC v. Wang case, in which a court ruled that disgorgement should only be paid to those who purchased a security from the defendant.

If the court agrees with Ripple’s argument, it would mean that only those who purchased XRP directly from Ripple would be entitled to receive their investment back. This would exclude secondary market purchasers, such as those who bought XRP on exchanges.

This could be a positive outcome for Ripple, as it could limit the financial impact. It could also help to clarify the legal status of XRP, as it would confirm that XRP is not inherently a security.

Pranimi i SEC mbi statusin e tokenit në rastin LBRY mund të ketë implikime pozitive për XRP

Në një seancë dëgjimore të kaluar në Bibliotekën (LBRY), rrjeti i pagesave të skedarëve të bazuar në blockchain kundër padisë SEC, gjykata e qarkut në SHBA dëgjoi argumente gojore mbi zbatimin e mjeteve juridike. Gjyqtari duhej të vendoste nëse një aktiv kripto-kryptor që lejon pronarin të dërgojë udhëzime në një rrjet mund të mishërojë një skemë investimi nga një kompani. KSHZ-ja donte që gjyqtari të lëshonte një urdhër të gjerë kundër shitjes së tokenit LBRY, në të cilin token bëhet garanci.

Sidoqoftë, seanca ishte një lajm i mirë, veçanërisht për XRP. John Deaton, një Amicus Curiae në padinë XRP, gjithashtu paraqiti një raport amicus në rastin LBRY. Avokati i KSHZ-së në padinë e LBRY pranuar that the secondary market sales of LBC tokens do not constitute a security. The judge ruled that the secondary market transactions of LBRY tokens by people unaffiliated with no investment intent in the LBRY case are legal.

The LBRY case sets a precedent that could benefit Ripple and XRP holders, confirming that secondary market transactions do not constitute securities. If the Ripple vs. SEC judge follows a similar line of reasoning, it could mean that XRP is not inherently a security, as secondary market sales are an essential part of cryptocurrency trading and do not represent an investment scheme by the company.

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Burimi origjinal: Bitcoinështë