Will the SEC challenge XRPâs status? đ§
The Ripple case has taken another twist! After a big ruling in July 2023 declaring that XRP isnât a security on secondary platforms, the SEC is now considering an appeal. âïž Judge Torres had already dismissed the SECâs previous attempt, but legal experts believe the focus could shift to Rippleâs programmatic sales and whether they count as securities. đ
Veteran SEC official Marc Fagel shares that this is a peripheral issue, so the court may address it without diving into XRPâs overall status. With XRP in a bullish trend and trading volume rising, all eyes are on the next big move. đđ„
Stay tuned for updates on this legal battle and how it could shape the crypto landscape!
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