Scary News for XRP: Is a Bomb Development Regarding the XRP Case at the Door?

Ripple and the Securities and Exchange Commission (SEC) case has had a significant impact on the cryptocurrency market, especially on XRP. With the positive preliminary decision, XRP experienced a significant surge as if it had won the case. The court, which reached a preliminary decision that XRP is not a security, has not yet made a final ruling. However, a well-known expert has pointed out a serious danger associated with this. SEC Will Appeal the XRP Decision John Reed Stark, a former SEC executive, drew attention to an important point. Stark emphasized that this positive decision regarding XRP is based on an unstable ground. The renowned figure reminded that the SEC will definitely appeal and stated that this could potentially lead to a reversal of the decision. In the court decision in question, it was emphasized that XRP can sometimes be considered a security and sometimes a commodity. While Ripple’s […]

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