SEC will seek to appeal the landmark Ripple decision on whether XRP is a security

"SEC announces intent to appeal the landmark Ripple decision, challenging the ruling that XRP sales did not constitute securities sale in certain cases. The appeal was filed in the Southern District of New York."

Keep in mind this will most likely take years and there is no guarantee the appeal won't be thrown out. 🧐

#plebchain #nostr

#SEC #Ripple #XRP #DigitalAssetsLaw #SecuritiesRegulation