SEC Appeals Ripple Case as XRP Forecast Brightens
TL;DR Summary
XRP rallied 3.60% on Sunday, avoiding dropping below $0.50 for the second consecutive session. The SEC acknowledged in a court filing that XRP is a non-security, stating that the underlying assets are computer code with no inherent value. Ripple has until September 1 to respond to the SEC filing, while the SEC has until September 8 to address any response. Investors are also looking to Capitol Hill for the development of a US crypto regulatory framework and an end to the SEC's grip on the digital asset space.
- XRP News: Ripple’s Forecast Brightens as SEC Backs Off Security Designation FX Empire
- Ripple CTO clarifies on SEC appeal, highlights case complexity Cointelegraph
- News Explorer — Ripple Exec Says SEC Is Seeking an Appeal As Company Presses Forward on Main Lawsuit Decrypt
- I asked ChatGPT to predict XRP’s price as the SEC-Ripple case takes a new turn AMBCrypto News
- SEC seeks appeal over Ripple, crypto prices plunge, EU Bitcoin ETF Cointelegraph
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