🚨 **Crypto Clash: Bitnomial vs. SEC!** 🚨

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. 🏛️

- 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! 💬