Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
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Ripple's chief legal officer has commented on the possibility of an SEC appeal after the final ruling in the XRP case, which concluded with a $125 million judgment. The legal chief suggested that if the Biden-Harris administration is genuinely committed to resetting its crypto stance, the SEC should refrain from appealing the decision.
The Ripple executive also pointed out that the judgment aligns with the administration's broader regulatory goals. He hinted that an appeal would only create further uncertainty in the crypto industry, which needs stable regulatory guidance.
The case's resolution marks a significant milestone for Ripple and the broader cryptocurrency market. However, the prospect of an appeal could reignite tensions between crypto firms and U.S. regulators. The legal chief's comments underscore the importance of a clear regulatory framework for the future of digital assets.
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