SEC Accepted Its Defeat, Won’t Challenge Ripple XRP Case Ruling, But!!!
🇺🇸
The U.S. Securities and Exchange Commission (SEC) has decided not to appeal the court ruling in the Ripple XRP case. This marks a significant moment in the ongoing legal struggle between the SEC and Ripple.
Judge Torres issued the ruling on August 7, 2023, which also included a $125 million penalty.
This outcome is expected to have significant implications for both Ripple and the broader cryptocurrency industry.
Source: coinpedia.org ↗