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  • Crypto Twitter Enjoys SEC vs Ripple Decision in Favour of Company

Crypto

Crypto Twitter Enjoys SEC vs Ripple Decision in Favour of Company

07/15/2023
Bitcoin Ethereum News

There are several other entities that are facing legal tussles with the SEC and celebrated a decision in favor of Ripple in its lawsuit. The co-founder of crypto exchange Gemini, Tyler Winklevoss, called out the US financial regulator for losing. Leading US crypto exchange, Coinbase, which is also facing charges of selling unregistered securities bought by the SEC, has added support to Ripple’s win. Coinbase chief legal officer, Paul Grewal, noted the re-listing of XRP on the crypto exchange platform following the decision concluding it's “not a security.”

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    One of the crucial lawsuits in the crypto space, SEC vs Ripple, concluded with the decision “XRP is not a security.”
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    The lawsuit had lots of eyeballs on it, given the heat it accumulated in the past years since filing in the court. 

As the Ripple vs SEC lawsuit has always been a hot topic of discussion within the cryptocurrency space, as it is today. The case started with the United States Securities and Exchange Commission charging payment protocol Ripple Labs in December 2020. It reached its conclusion with the court ruling XRP is not a security. The …

Source: https://www.thecoinrepublic.com/2023/07/15/crypto-twitter-enjoys-sec-vs-ripple-decision-in-favour-of-company/

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