The United States Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Ripple Labs lawsuit that deemed the XRP (XRP) token to not be a security when sold to retail investors.
The agency argued that “knotty legal problems” surrounding the court’s application of the law — specifically the Howey test — warrant…
This story from cointelegraph.com was posted on 2023-09-09 by @globeam.