Ripple is appealing the recent ruling by the SEC regarding the classification of its cryptocurrency XRP. The company is pushing back against the decision and seeking to overturn it through the legal process. This move comes after the SEC determined that XRP is a security, which has had significant implications for Ripple and the cryptocurrency market as a whole. Ripple’s appeal is aimed at challenging this classification and advocating for a different outcome. The outcome of this appeal could have far-reaching consequences for Ripple and the broader crypto industry.
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