Ripple, a popular cryptocurrency company, has recently filed a cross-appeal against the U.S. Securities and Exchange Commission (SEC) in an effort to overturn unresolved issues regarding its digital asset XRP. This move comes as Ripple Labs escalates its dispute with the SEC, as reported by Cointelegraph.
In response to the SEC’s ongoing legal battle with Ripple, the company’s CEO has criticized the regulatory agency’s strategy. Despite this criticism, XRP continues to lag behind other cryptocurrencies in the market, according to FX Empire.
The cross-appeal filed by Ripple aims to address the unresolved issues surrounding XRP and challenge the SEC’s allegations. The outcome of this legal battle will likely have a significant impact on the future of XRP and Ripple as a company.