.Ripple's top lawyer sees this as a testament to legal adaptation to modern technologies
This decision left Section 230 of the Communications Decency Act untouched, a statute that provides online platforms with immunity from liability for third-party content. The unanimous ruling emphasized that social media platforms are not much different from other digital technologies.
According to Alderoty, the Howey test carries the"soil" of common law, meaning it is grounded in traditional legal principles and precedents, but it must be adapted to account for new types of agreements and technologies, such as blockchain and digital assets.The Supreme Court's decision in the Twitter case supported this idea of adaptation by ruling that online platforms should not be held liable for user content based on existing laws.
The implications of the Supreme Court's ruling on the Ripple case are not yet fully clear, but Alderoty's comments suggest that the company sees it as a positive development, offering hope in their ongoing battle against the SEC.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Americans Have Less Trust in Supreme Court Than Ever, Poll FindsTrust in the Supreme Court has hit an all-time low, with the proportion of people with “hardly any” confidence in the High Court shooting up by 15 points since 2021.
Read more »
Abortion pill case moves to appeals court, on track for Supreme CourtA federal appeals court in New Orleans hears arguments Wednesday on whether a drug used in the most common method of abortion was properly approved by a government agency more than two decades ago.
Read more »
Abortion Pill Case Moves to Appeals Court, on Track for Supreme CourtAt issue are the FDA’s initial approval of mifepristone in 2000, and FDA actions making the drug more accessible in later years.
Read more »
Appeals court hears arguments on abortion pill access, with case on track for Supreme CourtAppellate judges with a history of supporting abortion restrictions heard arguments over access to a drug used in the most common method of abortion. The closely watched case is likely to wind up at the Supreme Court.
Read more »
Ohio League of Women Voters, ACLU call State Issue 1 ‘shameless attempt to silence the voice of Ohioans’The Ohio League of Women Voters and the ACLU of Ohio are backing a legal effort to block state officials from holding an election this August to ask voters to make it harder to change the state constitution.
Read more »
XRP Can't Be Security: Top Lawyer Explains WhyLegal expert allays concerns over Ripple's use of XRP in ODL xrp xrpsec xrparmy xrpcommunity xrpl xrpledger xrpthestandart ripple ripplesec $xrp
Read more »