Ripple ruling challenged by SEC, company's legal officer dismisses efforts as 'hype'

Ripple's ruling has been challenged by the Securities and Exchange Commission, and the company's legal officer dismisses the efforts as... The US Securities and Exchange Commission (SEC) has escalated its legal battle with Ripple, filing an appeal challenging parts of a district court ruling that classified the XRP token differently based on whether sales were made to institutional investors or retail participants. SEC takes XRP ruling to appeals court, however, Ripple's leadership (...)

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