DecentGirl786
06/20 11:58
Ripple Didn’t Want a War – But the SEC Gave Them a
Ripple Didn’t Want a War – But the SEC Gave Them a Reason to Push Harder
For a while, it looked like Ripple was ready to put the lawsuit behind them. After last year’s summary judgment from Judge Torres, the company seemed willing to accept the outcome – even though it didn’t go fully in their favor. The ruling cleared XRP sales on exchanges but found Ripple had violated securities laws when selling to institutional investors. Many assumed Ripple would take the partial win, pay the fine, and move on.
But then the SEC appealed.
And that changed everything.
According to pro-XRP lawyer Bill Morgan, Ripple might not have appealed the decision on institutional sales if the SEC hadn’t filed its own appeal. It was the SEC’s move that reopened the door and gave Ripple a reason to fight back. Suddenly, the legal battle wasn’t over. And in that moment, Ripple saw an opportunity – not just to defend itself, but to try and improve the outcome.
What followed was a series of calculated steps.
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