Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
The US SEC responded to "Ripple rejected its enforcement motion" and asked Ripple to provide relevant evidence

The US SEC responded to "Ripple rejected its enforcement motion" and asked Ripple to provide relevant evidence

CointimeCointime2024/01/24 08:11
By:Cointime

According to CoinGape's report, the US Securities and Exchange Commission responded to "Ripple's refusal of its motion to compel," stating that its request for Ripple to provide relevant financial statements was procedurally correct. The SEC still requires Ripple to provide two years of audited financial statements, contracts for the sale or transfer of XRP to "non-employee trading counterparties" after the lawsuit was filed, and detailed amounts of "XRP institutional sales proceeds" received after the lawsuit was filed. In addition, the US Securities and Exchange Commission is seeking to penalize Ripple in the XRP lawsuit.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Metrics Ventures: The market has provided the answer; quietly accompanying the industry's growth is the best strategy

Ride the wave, trade the trend, this heart is bright, what else is there to say.

Chaincatcher2024/11/09 23:33

BlackRock’s Bitcoin ETF flips gold fund

Cointelegraph2024/11/09 17:55

SEC mulls approving Ethereum ETF options

Cointelegraph2024/11/09 17:55