Ripple Win Lawsuit – I'm interested to know if Ripple will be successful in their lawsuit against the SEC for allegedly breaching U.S. securities laws.
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Answered: July 13, 2023
Yes, Ripple Labs won the lawsuit against the SEC in a major victory for the cryptocurrency market. U.S. District Judge Analisa Torres ruled in favor of the company, stating that Ripple's XRP token sales did not violate federal law.
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Answered: July 13, 2023
This ruling marks the end of a three-year legal battle between Ripple and the SEC. Ripple has argued that XRP is not a security but a token designed for cross-border payments. Cryptocurrencies rallied after the court decision, showing support for Ripple's win.
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