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JUST IN: 🇺🇸 SEC files notice of appeal in the Ripple $XRP case.
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#XRP bullish will crash the market
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Are you still here guys? see how xrp has moved according to our analysis, and here is the next analysis, be ready!!!! Break above $0.6325 could indicate strong bullish momentum. Hold or bounce from $0.6171 suggests buyers are still in control and could push the price back up. Break below $0.6171 would invalidate the bullish structure and could lead to further downside. #XRPGoal #RippleX #futurebinance
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Ripple vs SEC: A Legal Battle Shaking the Crypto World The case between Ripple Labs, Inc. and the U.S. Securities and Exchange Commission (SEC) has become one of the most significant legal battles in the history of the cryptocurrency industry. The dispute began in December 2020 when the SEC sued Ripple, accusing the company of selling unregistered securities in the form of XRP tokens, worth over $1.3 billion since 2013. The SEC claims that XRP is a security, meaning Ripple should comply with U.S. securities laws, such as reporting token sales to regulators. Ripple, on the other hand, argues that XRP is not a security but rather a digital asset, like Bitcoin or Ethereum, which are not subject to SEC regulation. A key point in the case is the definition of "security" under the Howey Test, a test used to determine whether an asset qualifies as an investment contract under SEC oversight. Ripple asserts that XRP does not meet these criteria, as there is no "investment contract" between Ripple and XRP buyers. In 2023, the case reached a critical juncture when the court ruled that some XRP sales did not qualify as security offerings, giving Ripple a partial victory. However, the case is not entirely resolved, and its final outcome could significantly impact future crypto regulation. The Ripple vs SEC case carries major implications for both the cryptocurrency industry and digital asset regulation worldwide. Its conclusion could set a legal precedent for how regulators handle digital assets and shape the future of various crypto projects. #XRPGoal #Ripple💰 #SECCryptoRegulation #RippleX
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