⚖️ SEC makes unexpected move: Ripple case has twists and turns again! 🚀

The battle between Ripple and the SEC has a new situation, which has caused an uproar in the crypto circle! The U.S. Securities and Exchange Commission (SEC) has filed an objection, but the content is unexpected! The SEC did not challenge the court ruling on retail XRP sales, but instead focused on Ripple's institutional transactions and personal sales by executives.

🔍 A quick overview of the key points of the SEC's objection

1️⃣ Court request triggers new objections:

The SEC explained that the court requested further clarification on the summary judgment issued last year.

2️⃣ Retail XRP sales are undisputed:

Surprisingly, the SEC accepted the ruling that XRP purchased by retail investors is not a security. Ripple has won a major victory in the retail field.

3️⃣ Institutional sales are questioned:

But the SEC did not give in on Ripple's institutional sales and transactions involving executives Brad Garlinghouse and Chris Larsen, insisting that these should still be considered securities.

🏆 Legal Milestone for Ripple

Last July, Judge Analisa Torres ruled that retail sales of XRP were not securities — a move that Ripple and the crypto community cheered. While institutional sales were classified as securities, the compromise ruling drew mixed reactions.

Ripple attorney Stuart Aldrotti commented:

“Not surprising. The ruling that XRP is not a security was not opposed. Now we are ready for the next step.”

💼 Fines and Legal Consequences

Ripple has paid a $125 million fine for institutional XRP sales, but the SEC’s continued objections could make the legal battle more intense.

🔮 What’s Next?

With the retail sales ruling unchanged, Ripple has scored an important victory. But the battle is far from over, as institutional sales and executive transactions are still under review. The outcome of this case could set a precedent for crypto regulation in the United States, with far-reaching implications for the industry for years to come.

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