Skip to Main Content

In the News

3d rendering of technical financial graph on stock exchange display panelfinancial stock market graph on technology abstract backgroundfinancial stock market graph on technology abstract background financial stock market graph on technology abstract background represent risk of investment

Aug. 1, 2023

Crypto Market Is Celebrating SEC’s Setback in Ripple Suit. But the Case Is Far from Settled

BNN Bloomberg

Richard Levin, Chair of Nelson Mullins’ FinTech and Regulation Practice, was recently quoted in an article by BNN Bloomberg that discussed the ruling in the Ripple Labs lawsuit, which raises questions about the legal status of digital assets and when they are securities.

Levin noted, “We have to remember that this is just one judge’s application of the facts and circumstances to the applicable law, not precedent for other cases in which the facts and circumstances may be different, and where the judge may have a different interpretation of the law.”

To read the full article, click here.