1 / 2 Relevant items tagged with #HoweyTest

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SEC Appeals Ripple Case, Citing Errors in Final Judgment

[Oct 2, 2024 11:10 PM] The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues…

Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies

[Mar 26, 2024 11:30 AM] Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an…

Ripple vs. SEC — Respite for a Beleaguered Industry

[Jul 25, 2023 2:30 PM] On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange…