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SEC Moves to Overturn Ripple Lab’s Landmark Court Victory

The Securities and Exchange Commission (SEC) is planning to move to court to challenge the ruling that granted Ripple Labs a partial win against the agency. The SEC has reportedly written to a judge in Manhattan to allow the federal court of appeal to examine the ruling, which was made in July.On July 13, US District Judge Analisa Torres ruled that the sale of Ripple’s cryptocurrency XRP on public exchange did not amount to a violation of the securities regulations. The decision was against SE... Read More

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Posted: Aug 10 2023, 08:00

Author Name: financemagnates

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