In a recent tweet, Digital Asset Investor, a prominent figure in the XRP community, brought attention to an article by The Times. Sharing a photo of the publication, they highlighted the newspaper’s discussion on XRP’s legal challenges and the broader implications of the court ruling. The publication by The Times delves into the implications of Judge Analisa Torres’ ruling in the ongoing legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple. Ripple vs. SEC: A Legal OverviewAccording to The Times, the legal battle originated from the SEC allegations that Ripple violated securities regulations by offering XRP without prior authorization. Ripple Lawsuit’s Current StatusIn October, the SEC appealed Judge Torres’ decision on programmatic XRP sales and other distributions deemed non-securities.

Source: The Times December 31, 2024 14:10 UTC