The Securities and Exchange Commission (SEC) accused Ripple of selling XRP as unregistered securities, which has raised uncertainty around its legal status and trading in the United States.
Despite a ruling favorable to Ripple in July 2023, in which a judge determined that XRP was not considered a security, the SEC requested an interlocutory appeal, citing substantial legal issues.
This legal dispute has created uncertainty around the classification of XRP as a security and has impacted its price in the cryptocurrency market.
In recent days it has become evident that many creators indicate that XRP will do 100x but I want you to take into account the legal problems it currently has before investing.
In summary, investing in XRP is a matter of risk and perspective, and investors should carefully consider their financial situation and objectives before investing in XRP.
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