Ripple Continues Legal Battle Against SEC, Challenging Rulings on XRP Sales
Ripple, a leading cryptocurrency company, has filed an appeal against the Securities and Exchange Commission (SEC) in a ongoing legal battle. The dispute revolves around the regulation of XRP sales and whether they constitute security offerings. The SEC had previously ruled that Ripple's XRP token was a security, while Ripple argues it is not. This development highlights the ongoing uncertainty surrounding regulatory frameworks for digital assets.
Source: https://decrypt.co/288250/ripple-sec-continue-legal-sparring-as-appeals-target-xrp-sales-rulings