@bubs
The US SEC has filed Form C with attachments to challenge the court’s previous ruling from August in the Ripple lawsuit. The securities agency wants to overturn parts of the decision but XRP’s status as a non-security will not be disputed.
Ripple’s CLO confirmed that the company has plans to respond next week with its own filing. The review will focus on XRP sales and the use of XRP as a payment method, with the SEC revisiting claims against top executives.
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