SEC Moves to Appeal Ripple Ruling That XRP Token Is Not a Security
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2023-08-19 03:22
The Securities and Exchange Commission asked a federal judge for permission to appeal her ruling that Ripple Labs’

The Securities and Exchange Commission asked a federal judge for permission to appeal her ruling that Ripple Labs’ XRP token is not a security when sold to the general public, arguing that the decision could affect other cases involving cryptocurrencies.

The SEC filed its motion Friday in federal court in Manhattan.

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