#MarketPullback
In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, alleging that its sales of XRP constituted unregistered securities offerings. The case sparked a wide debate over the classification of digital assets. In July 2023, Ripple won a partial victory when the court ruled that sales of XRP to institutional investors violated securities laws, while sales to retail investors did not. In November 2024, XRP saw a 17% surge, fueled by expectations of a more favorable regulatory climate in the United States.  However, the case is ongoing, and Ripple continues to defend its position, making the future of XRP closely tied to the ultimate outcome of this legal dispute.