SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling

The U.S. Securities and Exchange Commission (SEC) is filing a notice of appeal against 2023’s landmark ruling that the sales of the crypto asset XRP only qualify as securities when sold to institutional investors. In a new thread on the social media platform X, Stuart Alderoty, the chief legal counsel of Ripple Labs, says that […] source: https://dailyhodl.com/2024/10/03/sec-moves-to-appeal-2023s-landmark-ripple-and-xrp-securities-ruling/