Will the SEC challenge XRP’s status? 🧐

The Ripple case has taken another twist! After a big ruling in July 2023 declaring that XRP isn’t a security on secondary platforms, the SEC is now considering an appeal. ⚖️ Judge Torres had already dismissed the SEC’s previous attempt, but legal experts believe the focus could shift to Ripple’s programmatic sales and whether they count as securities. 📊

Veteran SEC official Marc Fagel shares that this is a peripheral issue, so the court may address it without diving into XRP’s overall status. With XRP in a bullish trend and trading volume rising, all eyes are on the next big move. 🌐💥

Stay tuned for updates on this legal battle and how it could shape the crypto landscape!

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