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Bitcoin.com 2023-08-11 00:00:37

SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies

The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual sales issues,” he clarified, adding that “If the SEC wins the appeal on sales, then Ripple couldn’t use exchanges to facilitate sales.”

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