SEC and Ripple Formally End Lawsuit Solidifying Secondary Market Precedent
The dismissal of all appeals cements judicial precedent that programmatic digital asset sales are not investment contracts, fundamentally de-risking secondary market exchange operations.
SEC and Ripple Conclude Five-Year Lawsuit Dismissing All Pending Appeals
The final dismissal of all appeals solidifies critical judicial clarity on secondary market digital asset sales, structurally de-risking retail exchange operations.
Federal Court Classifies Programmatic Digital Asset Sales as Non-Securities Transactions
This partial judgment recalibrates the Howey test's application to secondary market sales, demanding an immediate re-evaluation of exchange listing and product structuring compliance frameworks.
