🚀XRP's bullish run continues despite the crypto market's overall dip. Why? A major court ruling involving Binance and the SEC is giving Ripple a boost in its ongoing legal battle.👩⚖️
• Ripple's legal eagle, Michael Kellogg, argues that the Binance ruling supports their case against the SEC's "harsh remedies" claim.
• Judge Amy Berman Jackson dismissed SEC's claims that Binance's BNB token sales were securities transactions.
• This dismissal criticized the SEC's "inefficient" oversight of the billion-dollar industry, leaving parties without clear guidance.
Ripple believes this supports their argument for clarity on XRP sales legality.👏
Remember when Judge Torres ruled on Ripple a year ago? XRP surged 70% in a day and got relisted on major exchanges. This lawsuit is a key reference point in the crypto industry's ongoing SEC battles.🥊
While Bitcoin and Ethereum dipped, XRP and Solana (SOL) rose 1.2% and 3.4% respectively.
What do you think about this Ripple v. SEC update? Share your thoughts below!👇 #CryptoNews #XRP #SEC