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The SEC has officially appealed the XRP ruling

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2024-10-17 23:49:54
The Securities Exchange Commission (SEC) has formally appealed the XRP ruling made by Judge Analisa Torres, reigniting a legal battle over whether XRP sales by cryptocurrency exchanges qualify as securities. The regulator has challenged key aspects of the court's ruling, including the purge of Ripple's corporate executives and non-cash XRP distributions. The outcome could have major implications for the future of cryptocurrency regulation.
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