TL;DR
Ripple’s ongoing legal battle with the SEC over XRP sales has seen some favorable rulings for the company.
The lawsuit’s outcome is expected to cause significant volatility for XRP and the broader crypto market, with potential for a rally if Ripple wins.
The Case’s Current Status
It’s been over three and a half years since the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, alleging it and some of its executives of conducting an unregistered security offering through the sale of XRP. The case went through numerous ups and downs, becoming one of the hottest topics among crypto participants.
Some of the most important developments took place last year, and they seemingly placed the SEC as the underdog in the legal battle. In July 2023, Judge Torres ruled that Ripple’s programmatic sales to secondary trading platforms did not constitute offers of investment contracts.
Shortly after, the magistrates dismissed the regulator’s intentions to app
We współpracy z: https://cryptopotato.com/ripple-v-sec-lawsuit-update-july-1st/
