Lawyer Reveals Likely Reason For Delay In Settling Ripple SEC Case

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Lawyer Reveals Likely Reason For Delay In Settling Ripple SEC Case - CoinGape

Quick Summary:

The US Securities and Exchange Commission (SEC) is inching toward bringing down the curtain on its case against Ripple Labs for the sale of unregistered securities.

However, several bottlenecks stand in the way of a swift resolution for the Ripple SEC Case but there appears a way out for both parties.

However, the injunction hinges on the Howey test, a longstanding US Supreme Court Law, making it difficult for the court to set aside the injunction.