Lawsuit/Motion Denied!

[AgamemnonUA]

https://ambcrypto.com/lawsuit-against-ripple-denied-light-at-the-end-of-the-tunnel/

Edited August 11, 2018 by AgamemnonUA

[Guest]

And that's the end of SEC FUD.

[Jugular]

1 down but how many to go?

[Raiden]

1 minute ago, ed1 said:

And that's the end of SEC FUD.

Not yet. 

 

This just means that it stays in federal court, if the rulings favour Ripple (which it should) it becomes law. 

 

And then we can finally move on. 

[n2it]

TLDR: Plaintiff was denied a motion to move the case from Federal courts back to California courts. Ripple's prior motion to move the case to Federal court was granted.

[NightJanitor]

Just now, n2it said:

TLDR: Plaintiff was denied a motion to move the case from Federal courts back to California courts. Ripple's prior motion to move the case to Federal court was granted.

[WhentheBoat_ComesIn]

Positive, we just need the Federal court to act (soon please) and it’s game over.

[enrique11]

4 minutes ago, ed1 said:

And that's the end of SEC FUD.

No.

[enrique11]

 

https://www.claimsjournal.com/news/national/2012/09/14/213648.htm

https://www.alec.org/article/the-best-and-worst-states-for-lawsuits/

Edited August 11, 2018 by enrique11

[Guest]

22 minutes ago, Raiden said:

Not yet. 

 

This just means that it stays in federal court, if the rulings favour Ripple (which it should) it becomes law. 

 

And then we can finally move on. 

By the time they get a decision XRP will be trading below 5 cents.

[peanut56]

Courts almost take forever, and their decisions last even longer; Good or Bad. In the case of Xrp not being a security very good, other rulings like (bite marks) not so much.   If XRP trades at 5 cents I will buy more. Hopefully xrapid goes live and is fully commercialized.

[M-X]

16 minutes ago, ed1 said:

By the time they get a decision XRP will be trading below 5 cents.

If it's trading below 5 cents then at least R3 will have wasted their time trying to sue ripple for 5c XRP.

[ImTheRippler]

40 minutes ago, enrique11 said:

No.

Sorry bro you gotta find something new to post about, why don’t you read up on Stellar maybe? 

[dadofzara]

A win for Ripple should scare off the rest of the ambulance chasers.

[Julian_Williams]

58 minutes ago, WhentheBoat_ComesIn said:

Positive, we just need the Federal court to act (soon please) and it’s game over.

How certain are we that the Fed will rule favour of Ripple?

Does it remove the need to fight the other cases?