“These two are like a slow clap battle royale,” said Tina Fey, reflecting on the ongoing saga between Ripple and the SEC. Get ready, XRP enthusiasts – because it looks like the fight isn’t over yet! 🥊
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Feels like the typical high school drama, doesn’t it? First, the court ruled that some XRP sales were not securities – good news for our friends at Ripple. But then, the SEC threw a wrench in the works with an appeal, arguing that XRP sales on exchanges should be considered securities.
The XRP legal team, led by the ever-optimistic Stuart Alderoty, isn’t sweating it. They’re convinced that the SEC’s appeal will be as successful as a Kanye West presidential run – in other words, not at all. 😂💯
“Just noise,” Alderoty shrugged off the SEC’s appeal, claiming it just rehashes past arguments. And if that’s not enough, he predicts that the new administration will probably drop this whole debacle like a hot potato. 🌮
Although the battle rages on, attorney Jeremy Hogan has criticized the lackluster appeal by the SEC and doubts they’ll succeed. 🤔😧
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2025-01-24 17:56