TL;DR
Ripple faced a lawsuit from the SEC over unregistered XRP sales for nearly four years.
After two recent court victories for Ripple, XRP’s price saw a significant boost.
Some analysts predict the SEC might either settle with Ripple or drop all charges.
The Final Stage of the Battle is Yet to Come
The lengthy lawsuit between Ripple and the US Securities and Exchange Commission (SEC) has been going on for nearly four years, but it remains a trending topic in the cryptocurrency space. It all started in December 2020 when the regulator sued the blockchain enterprise, alleging it of selling billions of its native token XRP without first registering it as a security.
Both entities presented their thesis in court over the following years and fired shots at each other. The peak of the battle came in July this year when federal Judge Analisa Torres ruled that Ripple’s XRP sales did not constitute an offer of investment contracts.
The SEC was unpleased and formally appealed the deci
We współpracy z: https://cryptopotato.com/ripple-vs-sec-lawsuit-update-october-16th/
