Ripple Labs is actively contesting a court ruling involving XRP token institutional sales which have been classified as securities. The company's move to file a Form C cross-appeal in the U.S. Court of Appeals for the Second Circuit marks its latest effort in the litigation against the U.S. Securities and Exchange Commission (SEC).
The legal confrontation between Ripple and the SEC has been ongoing, with Ripple seeking to overturn specific aspects of prior judgments that have significant implications for XRP's classification. This action underscores Ripple's determination to challenge regulatory decisions that they believe are unfavorable.
منبع: www.thecoinrepublic.com ↗
