SEC-Ripple Ruling a ‘Silver Lining’ for South Korean Prosecutors in Do Kwon Case
The XRP trial ruling may reportedly negatively impact South Korean prosecutors’ bid to convict Do Kwon and Terraform Labs of fraud and securities violations, but officials claim otherwise. The US Securities and Exchange...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US Securities and Exchange Commission (SEC) has expressed its “disappointment” at a court ruling last month that declared that Ripple’s XRP token was “not in and of itself” a security.
The SEC has since claimed that Terraform’s coin LUNC (formerly LUNA) is indeed a security....
Read More: SEC-Ripple Ruling a ‘Silver Lining’ for South Korean Prosecutors in Do Kwon Case
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
South Korean Supreme Court proposes amendments for crypto asset seizure procedures
The proposed amendments could enhance legal clarity and creditor recovery in civil cases, impacting crypto asset management and in...
South Africa’s tax authority unveils new crypto tax framework
South Africa's new crypto tax framework could significantly impact investor behavior, compliance costs, and the broader crypto mar...
FIFA’s controversial Balogun ruling sparks governance debate with echoes of crypto’s decentralization argument
FIFA's discretionary ruling highlights governance inconsistencies, challenging trust in centralized systems and impacting predicti...
Bitcoin, gold, and silver rise as markets bet on delayed Fed rate hikes
Market optimism grows as delayed rate hikes suggest potential for sustained asset growth, but underlying risks and uncertainties r...
South African Revenue Service plans audit of 6 million crypto users with new specialized unit
SARS' crypto audit initiative could significantly impact South African crypto users, emphasizing the need for meticulous record-ke...
SARS Pushes New Crypto Tax Rules for 6 Million Users as Audits Ramp up Across South Africa
The South African Revenue Service (SARS) has published its guidance on the taxation of crypto assets to standardize compliance for...