The US Federal Court rejected the case filed by the SEC for HEX founder Richard Heart. This decision, Ripple $2.16 Increased the expectation that a similar development could be experienced in the case. XRP investors and lawyer John Deaton called for accelerating the process. The regulatory approach of SEC was re -opened to discussion.
Positive decision from the court to Richard Heart
The US Court rejected the case against Hex founder Richard Heart on the grounds that there was no jurisdiction. The court stated that Heart’s activities were carried out outside the US borders and considered the allegations of SEC invalid because there was not enough evidence. The regulatory institution, Heart’s more than $ 1 billion income and investors $ 12.1 million dollars claimed that the case fell after this decision.
Following the decision, it has been revealed that SEC has recently experienced difficulties in regulation cases in the crypto currency market. Coinbase, Robinhood and Uniswap platforms such as platforms in lawsuits against SEC decisions against SEC, regulatory policies questioned the future. In the market, these decisions may cause the SEC’s approach to review.
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New expectations occurred for the Ripple case
Lawyer John Deaton, representing XRP investors, increased expectations for the Ripple case after the court decision. Deaton, SEC officials addressed the case by emphasizing that the case should be finalized. In a statement on behalf of 75 thousand XRP investors, SEC’s unfair practices in the past drew attention.
The decision of the court signaled that the regulatory approach in the crypto money markets could change. Investors think that SEC can take a step back in the Ripple case. The long -term continuation of the case created uncertainty in the markets. However, court decisions may strengthen the hand of investors.
In the Ripple case, the future decisions are generally expected to direct market regulations. It is noteworthy that the US courts have started to have a more critical attitude towards the SEC. Experts, SEC’nin the path should be reviewed, he says.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
