đ¨ **Crypto Clash: Bitnomial vs. SEC!** đ¨
In a plot twist worthy of a Hollywood blockbuster, crypto exchange Bitnomial has taken the SEC to court, accusing the agency of overstepping its bounds by labeling XRP as a security. Bitnomial argues that XRP is already regulated as a commodity by the CFTC. đď¸
- Bitnomial claims the SEC's actions are duplicative and burdensome.
- The SEC allegedly blocked Bitnomial from listing XRP futures.
- Bitnomial seeks a ruling to declare XRP futures are not securities.
What do you think? Is the SEC overreaching? Drop your thoughts in the comments! đŹ
