🚀 The SEC is back at it! They've filed an appeal to overturn Judge Torres' ruling that Ripple's XRP isn't a security. Legal experts saw this coming, but hey, who doesn't love a good plot twist? 😜
Judge Torres had ruled that secondary sales of XRP don't count as unregistered securities. But early sales to institutional investors? Yep, those are still on the hook.
Meanwhile, SEC's chief enforcer Gubir Grewal is stepping down on Oct 11. Coincidence? We think not! 🤔
Bitwise is eyeing an XRP ETF, but SEC approval might take a while. What do you think? Drop your thoughts below! #DeFi #Web3 #CryptoNews