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The long legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC) continues to be a central theme in the cryptocurrency sector.  Since December 2020, when the SEC filed a lawsuit against Ripple, accusing the company of selling XRP as an unregistered security, the case has shaken the entire crypto market. Despite almost four years having passed, the latest developments suggest that the conclusion of this dispute could be near. However, legal experts warn that the case could drag on for at least another ten months, leaving Ripple and its community waiting for a definitive verdict. The most recent developments in the Ripple case: an appeal by the SEC The SEC has recently intensified its efforts, contesting a preliminary ruling that had established that the sales of XRP do not represent securities.  This has reignited hopes for a swift resolution for Ripple, but also fears of a further prolongation of the case. According to Marc Fagel, former SEC attorney, the future of the case could depend on the agency’s leadership.  With the possible departure of Gary Gensler from the SEC, the new leaders might decide to drop the appeal, bringing an end to this legal matter. On the other hand, Ripple’s legal team remains confident that the SEC’s arguments are weak and that the appeal could be dismissed.  A victory in court would not only represent a triumph for Ripple, but it could also establish an important precedent for the entire bull sector of cryptocurrencies. The impacts of a victory or a defeat If Ripple were to win, the result could revolutionize the regulatory landscape of cryptocurrencies.  A favorable ruling would protect not only XRP, but also other cryptocurrencies from potential accusations of being unregistered securities. On the contrary, if the SEC were to prevail, many…

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Filed under: News - @ January 20, 2025 6:27 pm