đš Ripple vs SEC: Key Updates đš
Ripple's battle with the SEC has hit pivotal moments, shaping crypto's future:
1ïžâŁ Rulings: Judge Torres ruled XRP's institutional sales = securities; retail sales â securities. đ (Jul 2023)
2ïžâŁ Fines: Ripple fined $125M (Aug 2024)âfar less than SEC's $2B claim.
3ïžâŁ Appeals: SEC challenges retail ruling, Ripple plans cross-appeal. Legal showdown may stretch into 2025.
4ïžâŁ XRP Price: SEC's appeal caused major XRP volatility. đ
5ïžâŁ Regulation Impact: Case sets precedent for crypto securities laws in the U.S.
Whatâs next? Settlement? New rulings? The crypto world is watching! đ
#Ripple #XRP #SEC #Crypto