Ripple Counters SEC with Cross-Appeal in Ongoing Legal Battle

Ripple Counters SEC with Cross-Appeal in Ongoing Legal Battle

Ripple Labs has officially announced its intention to file a cross-appeal in its high-profile legal case against the U.S. Securities and Exchange Commission (SEC). This counter-move comes as the SEC proceeds with its own appeal against the July 2023 ruling, which determined that Ripple’s cryptocurrency, XRP, cannot be classified as a security when sold on public exchanges. The SEC's appeal, filed on October 2, seeks to overturn the earlier co...

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