The SEC is appealing a federal court’s ruling on Ripple
Illustration by Alex Castro / The Verge
The Securities and Exchange Commission (SEC) is appealing a federal judge’s ruling in its yearlong legal battle against Ripple over sales of its XRP token.
This extends the battle over whether Ripple violated securities laws, as an SEC spokesperson told CoinDesk, “We believe that the district court decision in the Ripple matter conflicts with decades of Supreme Court precedent and securities laws and look forward to making our case to the Second Circuit.”
In August...
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