Lawyers were divided following a recent ruling which dismissed the appeal brought by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs. While some highlighted the precedent set by the verdict, others saw the case as ongoing and ongoing.
In a new court filing, Ripple Labs Inc. seeks to block the U.S. Securities and Exchange Commission’s request to appeal a recent decision that ruled XRP is not a security. Ripple believes the SEC lacked evidence to prove it is a security.
As Americans become more independent, investing in cryptocurrency like Bitcoin can become a valid option. Bitcoiners must appeal to the individualistic values of these voters in order to grow the industry.