* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, October 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

    Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

    Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    DLG−Agrifuture Concept Winners 2025 announced – Visionary Ideas in agricultural technology recognized – TheNewsMarket

    Meet the Visionary Innovators Revolutionizing Agricultural Technology in 2025

    Spanning the Gulf: Global Defence Technology 155 – Army Technology

    Spanning the Gulf: Exploring Cutting-Edge Global Defence Technology

    A Nobel Prize for explaining when technology leads to growth – NPR

    Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Placer County town of Loomis considers entertainment zone for downtown – CBS News

    Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

    Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

    Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    DLG−Agrifuture Concept Winners 2025 announced – Visionary Ideas in agricultural technology recognized – TheNewsMarket

    Meet the Visionary Innovators Revolutionizing Agricultural Technology in 2025

    Spanning the Gulf: Global Defence Technology 155 – Army Technology

    Spanning the Gulf: Exploring Cutting-Edge Global Defence Technology

    A Nobel Prize for explaining when technology leads to growth – NPR

    Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Ripple Vs SEC Update: Here’s What To Expect On May 6

May 4, 2024
in Business
Ripple Vs SEC Update: Here’s What To Expect On May 6
Share on FacebookShare on Twitter

In the ongoing legal conflict between Ripple and the US Securities and Exchange Commission (SEC), which heavily impacts the price of XRP, the two parties are at odds over whether testimony from SEC’s Assistant Chief Accountant, Andrea Fox, should be allowed. Ripple has recently submitted a letter supporting its motion to dismiss new expert evidence. They argue that Fox’s statements qualify as expert testimony and should have been introduced earlier during the remedies discovery phase. The SEC plans to reply by May 6, and the court is expected to make a ruling soon after.

The Ongoing Battle Between Ripple And SEC

The SEC’s recent filing featured remarks by Assistant Chief Accountant Andrea Fox concerning Ripple’s financial statements. Ripple labeled these remarks as “new expert materials” and argued they should have been presented earlier during the lawsuit’s remedies discovery phase, which is now closed.

In response, the SEC countered that Fox’s comments were not expert testimony but rather “facts and some basic arithmetic.” As a result, the SEC has requested that the court reject Ripple’s motion to exclude these new expert materials from the case.

Read more: Ripple vs SEC Lawsuit Update: Ripple Asks Court to Dismiss SEC Expert Evidence

Yesterday, Ripple submitted a letter to support its motion, arguing that the statements made by the SEC’s Assistant Chief Accountant Andrea Fox qualify as expert testimony. The letter explains that Fox’s analysis, which draws on her accounting expertise to evaluate Ripple’s financial records, should have been disclosed during the earlier remedies discovery phase of the lawsuit. Ripple’s letter states that regardless of whether Fox is viewed as an expert or a summary witness, the SEC was obligated to reveal this information before the end of that phase.

The SEC is scheduled to respond by May 6. Following this, the court is expected to make a decision regarding the penalties and fines Ripple faces for its institutional sales of XRP. The SEC has proposed fines totaling $2 billion, whereas Ripple has suggested settling for $10 million.

What To Expect On May 6?

The SEC is set to respond on May 6 to Ripple’s latest arguments. Observers believe the SEC will continue to push for disgorgement and seek a court order to prevent Ripple from selling XRP to institutional investors in the future. The SEC’s recent challenge to Ripple’s request to exclude new expert evidence indicates they’re looking to solidify their case. These next submissions are likely the last ones before Judge Analisa Torres decides on the penalties for Ripple’s sales of XRP to institutional buyers.

Also read: Ripple vs SEC: Ripple Might Lose in the Ongoing XRP Lawsuit; Here’s Why

If Ripple successfully challenges Fox’s declaration, it could restrict the SEC’s options for advocating certain penalties.

The lawsuit began in late 2020 when the SEC accused Ripple of violating securities laws through its XRP sales. In July, Ripple achieved a partial win when a judge determined that XRP sales on exchanges do not constitute securities transactions. However, the dispute over sales to institutional buyers is still ongoing.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/ripple-vs-sec-update-heres-what-to-expect-on-may-6/

Tags: businessRippleUpdate
Previous Post

Navigating the Bear Market: Invest in Billion Dollar Jackpot, Polkadot, and Toncoin for Potential Huge Gains

Next Post

Kayle Counters League of Legends

Lisa Tertsch, Matthew Hauser become world triathlon champions after winning season finals – ABC News – Breaking News, Latest News and Videos

Lisa Tertsch, Matthew Hauser become world triathlon champions after winning season finals – ABC News – Breaking News, Latest News and Videos

October 19, 2025
Why Trump is giving Argentina a $20 billion lifeline to help its flailing economy – PBS

Why Trump Is Proposing a $20 Billion Lifeline to Save Argentina’s Faltering Economy

October 19, 2025
Placer County town of Loomis considers entertainment zone for downtown – CBS News

Loomis Unveils Thrilling New Entertainment Zone to Revitalize Downtown

October 19, 2025

Miriam Miedzinski-Ballin, trailblazer who made mental health part of first aid, dies at 48 – The Times of Israel

October 19, 2025
Trump Posts Fake Video of Himself Flying a ‘King Trump’ Jet Over Protesters – The New York Times

Trump Posts Fake Video of Himself Flying a ‘King Trump’ Jet Over Protesters – The New York Times

October 19, 2025
Advancing causal inference in ecology: Pathways for biodiversity change detection and attribution – besjournals

Unlocking Nature’s Secrets: Innovative Methods to Detect and Attribute Biodiversity Change

October 19, 2025
Scientists discover concerning phenomenon that could lead to disastrous storms: ‘Exposed to threats’ – Yahoo

Scientists Reveal Shocking Discovery That Could Spark Devastating Storms

October 19, 2025

Oliver Bogler: Tired of Brilliant Science Getting Lost in Confusing Presentations?

October 19, 2025
The Deceptively Simple Soup Gordon Ramsay Once Cooked For Anthony Bourdain – Yahoo

The Surprisingly Simple Soup Gordon Ramsay Created for Anthony Bourdain

October 19, 2025
How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

October 19, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (875)
  • Economy (897)
  • Entertainment (21,768)
  • General (17,685)
  • Health (9,938)
  • Lifestyle (909)
  • News (22,149)
  • People (897)
  • Politics (907)
  • Science (16,107)
  • Sports (21,396)
  • Technology (15,876)
  • World (880)

Recent News

Lisa Tertsch, Matthew Hauser become world triathlon champions after winning season finals – ABC News – Breaking News, Latest News and Videos

Lisa Tertsch, Matthew Hauser become world triathlon champions after winning season finals – ABC News – Breaking News, Latest News and Videos

October 19, 2025
Why Trump is giving Argentina a $20 billion lifeline to help its flailing economy – PBS

Why Trump Is Proposing a $20 Billion Lifeline to Save Argentina’s Faltering Economy

October 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version