{"id":547982,"date":"2023-08-18T20:00:56","date_gmt":"2023-08-18T20:00:56","guid":{"rendered":"https:\/\/wncen.com\/?p=547982"},"modified":"2024-06-11T14:39:40","modified_gmt":"2024-06-11T14:39:40","slug":"xrp-pain-ripple-vs-sec-case","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/","title":{"rendered":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case"},"content":{"rendered":"

The United States Securities and Exchange Commission (SEC) has <\/span>reopened<\/span><\/a> old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0<\/span><\/p>\n

Ripple And SEC Legal Battle Continues<\/h2>\n

Ripple, the crypto firm behind XRP cryptocurrency, had secured a partial victory<\/a> in July in its case against the SEC that had raged on for almost three years. However, the regulator has not taken this lying down as on Thursday, August 17, Judge Analisa Torres reportedly gave official approval to the SEC\u2019s motion to file an interlocutory appeal<\/a> against XRP cryptocurrency.\u00a0<\/span><\/p>\n

Related Reading: Here Are The Factors That Could Be Behind The Latest Bitcoin Wipeout<\/a><\/div>\n

According to the court proceedings, the SEC will file its motion in court from Friday, August 18 until Friday, September 1. This gives the regulator the opportunity and ample time to develop and provide a compelling argument for its allegations of XRP being a security.\u00a0<\/span><\/p>\n

This is because the appeal will be focused on the judge\u2019s decision on Ripple\u2019s programmatic sales and direct sales and offerings of XRP tokens as a trade for goods and services.\u00a0<\/span><\/p>\n

The new filing<\/a> is not an official approval of an appeal by the judge but a gateway for the SEC to file its motion. But regardless, this new development could be bad for Ripple who recently celebrated Judge Torres\u2019 declaration that secondary sales of XRP did not count as a security.\u00a0<\/span><\/p>\n

Ripple\u2019s Chief Executive Officer, Brad Garlinghouse, and Chief Learning Officer, Stuart Alderoty have addressed the SEC\u2019s decision to put forward an appeal motion. They publicly opposed the SEC\u2019s interlocutory appeal, detailing that the Judge\u2019s ruling on July 13 refutes any allegations the SEC may harbor of XRP being a security.\u00a0<\/span><\/p>\n

\u201cWe oppose the SEC\u2019s request for an interlocutory appeal. There is no extraordinary circumstance here that would justify departing from the rule requiring all issues as to all parties to be resolved before an appeal,\u201d Alderoty stated in a Twitter <\/span>post<\/span><\/a>.\u00a0<\/span><\/p>\n

On his part, CEO Brad Garlinghouse <\/span>commented<\/span><\/a>:\u00a0<\/span><\/p>\n

Reminder – the request for appeal (even if granted) doesn\u2019t change the fact that XRP is not a security. That\u2019s not up for debate\/trial. But the SEC continues to claim that Chris and I acted recklessly in believing that XRP is not a security. That\u2019s utter nonsense.<\/span><\/p><\/blockquote>\n

\"Ripple<\/p>\n

XRP price dumps alongside crypto market | Source: XRPUSD on Tradingview.com<\/a><\/pre>\n
SEC Regulator Criticizes Judge Ruling<\/h2>\n
The SEC\u2019s move to file an interlocutory motion does not come as a surprise as the regulatory body has previously made complaints about the proceedings of Judge Torres’s ruling in the XRP case. The regulator made criticisms of the case\u2019s outcome by questioning the ruling\u2019s alignment with legal principles and stating<\/a> that the verdict was \u201cwrongly decided.\u201d<\/span><\/p>\n
Related Reading: Post-Hack Shenanigans: Curve (CRV) To Launch On TRON Following $2 Million Investment<\/a><\/div>\n
The regulator has also been adamant about an interlocutory review and has stated that the case requires a higher review and better clarification by higher judicial authorities, to ensure legal proceedings are executed according to established laws and legal principles.\u00a0<\/span><\/p>\n
\u201cInterlocutory review is warranted here. These two issues involve controlling questions of law on which there is substantial ground for differences of opinion, as reflected by an intra-district split that has already developed,\u201d the SEC said in its new filing.<\/span><\/p>\n
Featured image from iStock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The United States Securities and Exchange Commission (SEC) has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0 Ripple And SEC Legal Battle Continues Ripple, the crypto firm behind XRP cryptocurrency, had secured a partial victory in July in its case against the SEC that had raged on for almost three years. However, the regulator has not taken this lying down as on Thursday, August 17, Judge Analisa Torres reportedly gave official approval to the SEC\u2019s motion to file an interlocutory appeal against XRP cryptocurrency.\u00a0 Related Reading: Here Are The Factors That Could Be Behind The Latest Bitcoin Wipeout According to the court proceedings, the SEC will file its motion in court from Friday, August 18 until Friday, September 1. This gives the regulator the opportunity and ample time to develop and provide a compelling argument for its allegations of XRP being a security.\u00a0 This is because the appeal will be focused on the judge\u2019s decision on Ripple\u2019s programmatic sales and direct sales and offerings of XRP tokens as a trade for goods and services.\u00a0 The new filing is not an official approval of an appeal by the judge but a gateway for the SEC to file its motion. But regardless, this new development could be bad for Ripple who recently celebrated Judge Torres\u2019 declaration that secondary sales of XRP did not count as a security.\u00a0 Ripple\u2019s Chief Executive Officer, Brad Garlinghouse, and Chief Learning Officer, Stuart Alderoty have addressed the SEC\u2019s decision to put forward an appeal motion. They publicly opposed the SEC\u2019s interlocutory appeal, detailing that the Judge\u2019s ruling on July 13 refutes any allegations the SEC may harbor of XRP being a security.\u00a0 \u201cWe oppose the SEC\u2019s request for an interlocutory appeal. There is no extraordinary circumstance here that would justify departing from the rule requiring all issues as to all parties to be resolved before an appeal,\u201d Alderoty stated in a Twitter post.\u00a0 On his part, CEO Brad Garlinghouse commented:\u00a0 Reminder – the request for appeal (even if granted) doesn\u2019t change the fact that XRP is not a security. That\u2019s not up for debate\/trial. But the SEC continues to claim that Chris and I acted recklessly in believing that XRP is not a security. That\u2019s utter nonsense. XRP price dumps alongside crypto market | Source: XRPUSD on Tradingview.com SEC Regulator Criticizes Judge Ruling The SEC\u2019s move to file an interlocutory motion does not come as a surprise as the regulatory body has previously made complaints about the proceedings of Judge Torres’s ruling in the XRP case. The regulator made criticisms of the case\u2019s outcome by questioning the ruling\u2019s alignment with legal principles and stating that the verdict was \u201cwrongly decided.\u201d Related Reading: Post-Hack Shenanigans: Curve (CRV) To Launch On TRON Following $2 Million Investment The regulator has also been adamant about an interlocutory review and has stated that the case requires a higher review and better clarification by higher judicial authorities, to ensure legal proceedings are executed according to established laws and legal principles.\u00a0 \u201cInterlocutory review is warranted here. These two issues involve controlling questions of law on which there is substantial ground for differences of opinion, as reflected by an intra-district split that has already developed,\u201d the SEC said in its new filing. Featured image from iStock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":547985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[3680,17209,85514,3799,13172,10972,78763],"class_list":["post-547982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-ripple","tag-ripple-news","tag-ripple-vs-sec","tag-sec","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case<\/title>\n<meta name=\"description\" content=\"The SEC has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case\" \/>\n<meta property=\"og:description\" content=\"The SEC has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-18T20:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:39:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312\" \/>\n\t<meta property=\"og:image:width\" content=\"2283\" \/>\n\t<meta property=\"og:image:height\" content=\"1312\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case\",\"datePublished\":\"2023-08-18T20:00:56+00:00\",\"dateModified\":\"2024-06-11T14:39:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\"},\"wordCount\":571,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312\",\"keywords\":[\"Ripple\",\"ripple news\",\"Ripple VS SEC\",\"sec\",\"XRP Price\",\"XRPUSD\",\"xrpusdt\"],\"articleSection\":[\"Ripple\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\",\"url\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\",\"name\":\"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312\",\"datePublished\":\"2023-08-18T20:00:56+00:00\",\"dateModified\":\"2024-06-11T14:39:40+00:00\",\"description\":\"The SEC has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312\",\"width\":2283,\"height\":1312,\"caption\":\"Abstract financial chart of bear market when stock prices go down\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case","description":"The SEC has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/","og_locale":"en_US","og_type":"article","og_title":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case","og_description":"The SEC has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0","og_url":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-18T20:00:56+00:00","article_modified_time":"2024-06-11T14:39:40+00:00","og_image":[{"width":2283,"height":1312,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case","datePublished":"2023-08-18T20:00:56+00:00","dateModified":"2024-06-11T14:39:40+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/"},"wordCount":571,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312","keywords":["Ripple","ripple news","Ripple VS SEC","sec","XRP Price","XRPUSD","xrpusdt"],"articleSection":["Ripple"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/","url":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/","name":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312","datePublished":"2023-08-18T20:00:56+00:00","dateModified":"2024-06-11T14:39:40+00:00","description":"The SEC has reopened old wounds after a federal Judge grants the regulator\u2019s request to file a new appeal against Ripple.\u00a0\u00a0","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312","width":2283,"height":1312,"caption":"Abstract financial chart of bear market when stock prices go down"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case","url":"http:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ripple\/xrp-pain-ripple-vs-sec-case\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ripple","ripple news","ripple vs sec","sec","xrp price","xrpusd","xrpusdt"],"dateCreated":"2023-08-18T20:00:56Z","datePublished":"2023-08-18T20:00:56Z","dateModified":"2024-06-11T14:39:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XRP Pain May Not Be Over Following This Decision In The Ripple Vs SEC Case\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-pain-ripple-vs-sec-case\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ripple\\\/xrp-pain-ripple-vs-sec-case\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-1472939339-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/iStock-1472939339-1.jpg?fit=2283%2C1312\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ripple\",\"ripple news\",\"ripple vs sec\",\"sec\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2023-08-18T20:00:56Z\",\"datePublished\":\"2023-08-18T20:00:56Z\",\"dateModified\":\"2024-06-11T14:39:40Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/08\/iStock-1472939339-1.jpg?fit=2283%2C1312","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/547982"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=547982"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/547982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/547985"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=547982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=547982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=547982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}