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2023-11-06 05:46:08

SEC vs. Ripple: The Govil Ruling That’s Shaking the Case”

The post SEC vs. Ripple: The Govil Ruling That’s Shaking the Case” appeared first on Coinpedia Fintech News Ripple’s Chief Legal Officer, Stuart Alderoty, has highlighted a significant setback for the U.S. Securities and Exchange Commission (SEC). In SEC v Govil, the 2nd Circuit ruled that the SEC cannot demand a substantial disgorgement award without first demonstrating that investors have suffered actual financial harm, essentially asserting “no harm, no foul.” The people who’ve …

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