🚨 XRP - SEC APPEAL IS HERE! THIS IS BAD!!

The SEC has officially filed an appeal against Ripple Labs, seeking to overturn parts of the previous ruling that favored Ripple in its ongoing legal battle. This appeal, filed on October 2, 2024, challenges the decision made by Judge Analisa Torres, which found that secondary sales of XRP do not constitute securities transactions

While the ruling was initially seen as a significant win for Ripple, the SEC's appeal raises new concerns for XRP investors, as it could potentially create more legal uncertainty surrounding the asset. The appeal specifically targets the determination that programmatic sales of XRP on secondary markets do not qualify as securities sales​
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