Business
SEC tells Judge that XRP is not like Bitcoin or Ether; questions ‘utility’ of XRP – AMBCrypto News
In a new development in the Ripple-SEC lawsuit, during a hearing on 19 March, the Commission’s trial attorney Jorge Tenreiro told Magistrate Judge Sarah Netburn…
In a new development in the Ripple-SEC lawsuit, during a hearing on 19 March, the Commissions trial attorney Jorge Tenreiro told Magistrate Judge Sarah Netburn that XRP cannot be compared to Bitcoin and Ethereum. Earlier this week, lawyers representing Ripple, CEO Brad Garlinghouse, and co-founder Chris Larsen asked Judge Analisa Torres to compel SEC to produce documents about Bitcoin and Ethereum.
While the regulatory authority claimed XRP is security, both Bitcoin and Ether have been deemed as…
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