The decision keeps in place an earlier ruling that classified Ripple’s past institutional XRP sales as unregistered securities offerings. The […]
The post Ripple May Need to Halt Institutional XRP Sales Amid Legal Pressure appeared first on Coindoo.
The decision keeps in place an earlier ruling that classified Ripple’s past institutional XRP sales as unregistered securities offerings.
The court’s rejection maintains both a financial penalty and a ban on institutional XRP sales, raising questions about whether Ripple will push forward with an appeal or accept the decision. While the ruling doesn’t affect XRP’s general market status, it casts uncertainty on Ripple’s future institutional strategy.
Legal experts believe Ripple had already anticipated this outcome. Some say the company may have restructured how it engages with institutional clients post-2023 to remain within regulatory bounds. Lawyer Bill Morgan suggested that Ripple had adapted its sales framework in response to previous court findings.
-----Cryptonews AD----->>> <<<-----Cryptonews AD-----
Others, like attorney Marc Fagel, say Ripple could still pursue institutional sales—but only under a registered securities offering. This would require formal SEC compliance, a step that Ripple hasn’t yet taken.
Although there’s speculation that both Ripple and the SEC might eventually drop further appeals and end the legal saga, the broader implication is clear: unless Ripple aligns future institutional sales with securities laws, its options will remain limited.
The post Ripple May Need to Halt Institutional XRP Sales Amid Legal Pressure appeared first on Coindoo.
Source: https://coindoo.com/ripple-may-need-to-halt-institutional-xrp-sales-amid-legal-pressure/
[ajax_load_more]Benson Toti
Benson Toti
Benson Toti