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Jul / 04
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- Ripple Vs SEC Update: Lawyers Reveal How SEC’s Reply Impact Final Decision
- Jul 04, 2024 at 04:57 pm CoinGape
- The ongoing legal battle between Ripple and the SEC has intensified with the SEC's recent filing, challenging Ripple's reliance on the Binance ruling as a precedent. The SEC argues that Ripple's alleged conduct warrants strong penalties despite the Binance case's implications, highlighting their frustration with unfavorable decisions being used against them. Ripple aims to establish tailored regulations for digital assets, while legal experts criticize the SEC's response for lacking substance and clarity, calling for more concrete arguments from the regulatory agency.
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