🔥 #Ripple Vs SEC: Lawyer Highlights Why SEC Challenges $XRP Futures In Bitnomial Case⚖️
Bitnomial has continued to advance with its strategic plan despite the latest legal hurdles and the ongoing tensions in the Ripple Vs SEC case. In a recent announcement, the exchange revealed the upcoming launch of its perpetual futures platform, Botanical.
The platform, backed by Ripple with a $25 million funding round, aims to provide a flurry of trading options like futures, crypto derivatives, and others, to users. Besides, the firm also said that Ripple CEO Brad Garlinghouse will join its board, which has further fueled speculations in the crypto market.
What’s Next In XRP Lawsuit?
The Bitnomial case has gained more attention as the US SEC has recently filed an appeal in the XRP lawsuit. The Ripple Vs SEC case was one of the high-profile and long-running legal battles in the crypto sector.
Amid this, the recent appeal by the agency has sparked discussions in the market, with many slamming the SEC for extending the case. However, Ripple has also filed a cross-appeal, indicating its confidence in the ongoing legal fight. Besides, Ripple CLO has also commented on the XRP lawsuit and its potential future developments.