đXRP's bullish run continues despite the crypto market's overall dip. Why? A major court ruling involving Binance and the SEC is giving Ripple a boost in its ongoing legal battle.đ©ââïž
âą Ripple's legal eagle, Michael Kellogg, argues that the Binance ruling supports their case against the SEC's "harsh remedies" claim.
âą Judge Amy Berman Jackson dismissed SEC's claims that Binance's BNB token sales were securities transactions.
âą This dismissal criticized the SEC's "inefficient" oversight of the billion-dollar industry, leaving parties without clear guidance.
Ripple believes this supports their argument for clarity on XRP sales legality.đ
Remember when Judge Torres ruled on Ripple a year ago? XRP surged 70% in a day and got relisted on major exchanges. This lawsuit is a key reference point in the crypto industry's ongoing SEC battles.đ„
While Bitcoin and Ethereum dipped, XRP and Solana (SOL) rose 1.2% and 3.4% respectively.
What do you think about this Ripple v. SEC update? Share your thoughts below!đ #CryptoNews #XRP #SEC