CandleFocus XRP Lawsuit News: SEC’s Surprising Decision Leaves Ripple Unshaken
2024-09-09
Author: Content Editor
Legal expert Bill Morgan shared insights on the SEC vs. Ripple appeal, stating that XRP's core status as a non-security remains largely unchallenged. While certain legal observations may come up during the appeal, the ruling that XRP is not a security is not expected to be overturned. Other legal experts, including Marc Fagel, agree with this analysis and believe that the Second Circuit Court of Appeals is unlikely to directly address XRP's classification. Despite ongoing litigation, XRP's non-security status is expected to remain intact. The appeal window is closing, and the cryptocurrency community eagerly awaits the next move.
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