SEC Appeal Denied: XRP’s Legal Battle Ends, Prices Soar
In a groundbreaking turn of events, the United States Securities and Exchange Commission (SEC) has seen its appeal denied in the case against Ripple Labs, the creators of the cryptocurrency XRP. The decision, handed down by the court, marks a pivotal moment in the ongoing legal battle that has cast a shadow over XRP for nearly three years.
https://twitter.com/RippleXrpie/status/1709344423442575681
Court Ruling against SEC brings relief to XRP investors
The ruling, which came as a relief to XRP investors and the broader crypto community, signifies a resounding victory for Ripple Labs. The SEC had previously accused the company of conducting an unregistered securities offering by selling XRP tokens. However, with the appeal's rejection, it seems that the regulatory body failed to provid...