Fox Senior Reporter: The judge’s favorable ruling against the US SEC in the Ripple case may not withstand higher levels of judicial review
Fox senior reporter Charles Gasparino raised the possibility that Judge Analisa Torres’ favorable ruling by the U.S. Securities and Exchange Commission (SEC) in the Ripple case may not stand up to a higher level of judicial review. The speculation comes after a split decision in Coinbase v. SEC, a lawsuit in which the SEC scored a key victory that challenged the idea that digital assets can circumvent securities laws. The decision may It will have a profound impact on the entire cryptocurrency industry.
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