Cardano Creator Speaks Out on 'XRP Case' Appeal: New Crypto Test Incoming?

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Cardano Creator Speaks Out on 'XRP Case' Appeal: New Crypto Test Incoming?
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Cardano's creator Charles Hoskinson teases potential 'Ripple Test' as SEC appeals XRP case

following a historical ruling on Aug. 7, in which Ripple was ordered to pay a $125 million civil penalty, which was a lot less than the $2 billion the regulator was asking for. The motive is that the district court's decision goes against long-standing Supreme Court precedents and established securities laws.Ripple's Chief Legal Officer Stuart Alderoty said he was disappointed with the SEC's decision.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Sabai Protocol Partners with Victus Capital to Accelerate Tokenization of Real-World Assets

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