Charlyn Ho Considers Ripple Settlement and What It Means for Crypto Precedent

In a recent conversation with Cointelegraph Magazine, Charlyn Ho discusses the settlement between the SEC and Ripple ending the long-running dispute over allegations the company offered unregistered securities through sales of its cryptocurrency, XRP.
While reports have suggested that the settlement means the industry won’t see any legal precedent being set, given the case never reached the circuit level, Ho explains how the district court decision can be used as legal precedent. “The judge still gave a ruling. I think it’s not fair to say it’s not legal precedent in any sense of the meaning of the word, but it is not as clear as we would have liked, because Judge Torres is one judge.”
Ho goes on to explain that “The challenge is that settlements are often confidential. So we may not get that clarity the industry seeks.”
Read the full article here.

















