Article • about 1 year ago

"Amazing XRP News Could Save Crypto": Analyst Explains How SEC Could Be Shooting Itself in the Foot With Its Motion for Interlocutory Appeal

Summary

The SEC's legal strategy against Ripple Labs and XRP may inadvertently set a precedent that benefits the crypto industry.
If the SEC loses its appeal, it could establish case law that protects other crypto assets from being classified as securities when sold on secondary markets.

Source: https://www.cryptoglobe.com/latest/2023/09/amazing-xrp-news-could-save-crypto-analyst-explains-how-sec-could-be-shooting-itself-in-the-foot-with-its-motion-for-interlocutory-appeal/

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