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The Daily Hodl 2024-10-03 18:41:49

SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling

The U.S. Securities and Exchange Commission (SEC) is filing a notice of appeal against 2023’s landmark ruling that the sales of the crypto asset XRP only qualify as securities when sold to institutional investors. In a new thread on the social media platform X, Stuart Alderoty, the chief legal counsel of Ripple Labs, says that The post SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling appeared first on The Daily Hodl .

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