XRP’s rally to a seven-year high came amid the SEC’s latest filing to appeal a court ruling in its partially unsuccessful case against Ripple Labs.
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The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a […]
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Some lawyers are doubtful on whether the latest court decision in the Ripple case should be referred to as a pure victory over the SEC.
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