Security token: the dispute between SEC and Ripple could escalate

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Despite a clear ruling on XRP by a US judge, the SEC’s case against Ripple regarding the alleged security token nature of their cryptocurrency could end up escalating.

This is what Neel Maitra, former fintech and crypto specialist at the SEC, claimed during the Bitcoin For Corporations event by MicroStrategy held last week. 

XRP as a security token? SEC again against Ripple

According to Maitra, it is not certain that the cause of the SEC against Ripple will end soon.

The expert on legal issues related to cryptocurrencies has pointed out how there are three judges with conflicting opinions on the matter.

The first is Judge Analisa Torres, who last year issued her ruling on the XRP case