Ripple Faces Legal Setback as SEC Appeals XRP Ruling, Price Drops 10%

Ripple’s XRP experienced a sharp 10% drop following the U.S. Securities and Exchange Commission’s (SEC) announcement to appeal a July 2023 ruling that stated XRP sold by Ripple is not a security. The appeal will be heard by the 2nd U.S. Circuit Court of Appeals, rekindling the legal battle over XRP’s classification. Ripple CEO Criticizes … Continue reading "Ripple Faces Legal Setback as SEC Appeals XRP Ruling, Price Drops 10%" The post Ripple Faces Legal Setback as SEC Appeals XRP Ruling, Price Drops 10% appeared first on Cryptoknowmics-Crypto News and Media Platform .