Market Insights
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XRP Legal Battle Goes Nuclear: SEC Demands $2 Billion!
- April 22, 2024
- Posted by: Rose
- Category: Market Insights
No CommentsThe SEC’s lawsuit against Ripple intensifies as the SEC seeks a $2 billion penalty for alleged unlawful XRP sales, despite dropping charges against Ripple’s CEO. Ripple contests this, arguing that XRP isn’t a security. Pro-XRP lawyer Bill Morgan criticizes the SEC’s demand, sparking debate within the XRP community. Attorney John E. Deaton’s move to represent