XRP Price Rises After SEC’s Motion to Appeal Ripple Loss Is Denied

XRP Price Rises After SEC's Motion to Appeal Ripple Loss Is Denied



The judge had previously ruled in July that while Ripple violated federal securities laws in selling XRP to institutional investors directly, it had not done so by making XRP available to retail customers through programmatic sales to exchanges. That decision cast doubt on how strongly securities regulators would be able to police crypto.



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