XRP Price Crashes 12% as SEC Appeals in the Ripple Lawsuit

October 3, 2024

in Crypto

Reading Time: 3 mins read

On Oct. 2, the US Securities and Exchange Commission filed a notice of appeal in the Ripple lawsuit seeking to overturn an earlier ruling.

The agency has appealed a 2023 verdict set by Judge Torres, which ruled that secondary sales of Ripple’s XRP token did not constitute securities sales.

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XRP Price Crashes 12% as SEC Appeals in the Ripple Lawsuit

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XRP Price Crashes 12% as SEC Appeals in the Ripple Lawsuit

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