Ripple crește cu 15% în urma știrilor că vrea să fie publică

Ripple CEO Brad Garlinghouse says that the San Francisco-based payments startup intends to go public once its legal battle with the U.S. Securities and Exchange Commission (SEC) is settled.

XRP To Go Public

Într-o interviu în timpul evenimentului Consensus 2021, Garlinghouse îl felicită pe Coinbase după debutul schimbului de cripte pe Nasdaq în aprilie.

Despite the fact that the general crypto market appears to be in decline, Ripple’s native cryptocurrency, XRP, has risen 14.88% to $1. XRP is now trading at $1.02 with a market valuation of $44.21 billion at the time of writing. To put this into perspective, XRP’s price has risen by 390% over the past year

Garlinghouse spune că Ripple are în vedere să-și promoveze planul de a lansa o ofertă publică inițială, dar va trebui să aștepte până la finalizarea procesului cu SEC.

„Cred că probabilitatea ca Ripple să fie o companie publică este foarte mare la un moment dat. Cred că în mijlocul unui proces al SEC, știți că trebuie să închidem acest lucru și SEC să aprobe un S1, este mai ușor să facem acest lucru după ce aveți închidere și claritate și acea certitudine de reglementare pe care o căutăm de atât de mult timp. ”

În ianuarie 2020, Garlinghouse a dezvăluit planul lui Ripple de a deveni public pe măsură ce el a prezis o IPO va avea loc în spațiul criptografic în următoarele 12 luni. În decembrie, SEC a depus în mod oficial o plângere împotriva gigantului plăților, întemeiat că activul nativ al Ripple XRP a fost o securitate neînregistrată la lansare și rămâne o securitate până în prezent.

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News Comes As Ripple Stops SEC From Accessing Legal Records

This current XRP price increase comes as Ripple scores another little victorie in its struggle with the Securities and Exchange Commission of the United States (SEC). Ripple has managed to prevent the SEC from obtaining any of the company’s legal paperwork, as requested by the regulator.

#XRPCommunity #SEC_NEWS v. #Clipoci #XRP SPARGERE!! JUDECĂTORUL NETBURN NEGA ACCESUL LUI SEC LA MEMORANDUMUL LEGAL AL ​​LUI RIPPLE, DĂNÂND O LOVĂ URIAȘĂ SEC.https://t.co/xxa26cG45B

- James K. Filan (@FilanLaw) 30 Mai, 2021

The US Securities and Exchange Commission (SEC) has requested access to Ripple’s legal issues in order to buttress its case in the complaint. Access to these papers, according to the securities commission, will assist it prove that Ripple was well aware of XRP’s “security” prior to its 2013 ICO sale. However, the SEC’s demand to have Ripple produce papers related to the XRP sale was dismissed by a New York judge.

The legalities in this case was overseen by Judge Sarah Netburn of the District Court for the Southern District of New York. The verdict was handed out by the judge on Sunday, May 30. Judge Sarah Netburn writes in the public filing:

“Ripple asserts that the SEC’s requested communications are protected by the attorney-client privilege, which has not been waived. The attorney-client privilege encourages “full and frank communication between attorneys and their clients and thereby promote broader public interests in the observance of law and administration of justice.”

The issuance of “fair notice” has been a major issue in the SEC vs. Ripple fight. For the past eight years, Ripple says that the SEC has never provided a “fair notice” as to whether the blockchain business is breaking any securities rules. FinCEN and the US Justice Department deemed XRP a convertible virtual currency at the same time.

Ripple is now working to move this issue forward, focusing on the SEC’s inactions and a sudden shift in attitude. Judge Netburn, on the other hand, stated that if Ripple’s defense is plainly identified, she will not take a stance. According to the judge:

„Ajung doar la întrebarea limitată dacă Ripple și-a pus în discuție starea sa subiectivă de spirit sau sfatul avocatului doar prin ridicarea apărării, renunțând astfel la privilegiul său. Trag concluzia că nu.

Accordingly, the SEC’s motion is NEGAT. If, at some later date, Ripple raises its good faith beliefs or relies upon its privileged communications in support of its fair notice defense, the plaintiff may renew its application to the Court”.

Articol asociat | Why XRP Holders Could Be Key In Lawsuit Against Ripple Labs

Imagine prezentată de la Pixabay, Diagrame de la TradingView.

Source: https://www.newsbtc.com/all/ripple-surges-15-following-news-that-it-wants-to-go-public/